Officials at area financial institutions said Friday they are ready for the 17000 homeowner grants they'll play a pivotal part in processing.

Officials at area financial institutions said Friday they are ready for the 17000 homeowner grants they'll play a pivotal part in processing.

The multiple paces homeowners will have to take for their Mississippi progressive growth Authority block grants have been called "straightforward" and "thorough" by dint of banking officials, who will be responsible for closing the deals formerly MDA sends out award announcements.

Still, they said, it may take undivided to two months before homeowner touch a check.

"This is a fairly straightforward proces that is being applied," said Jeff Theiler, a senior vice president at Hancock Bank, which is expecting to handle about 1500 to 1700 grants. "Any time you are dealing with loans, each situation is different. For the greatest in number part, though, it should make progress fairly smoothly."

Whichever financial institution gripe [i]or[/i] grips a homeowner's first mortgage will be responsible for walking that somebody through the closing, which involves