THDA Great Choice Home Loan

Tennessee Housing Development Agency

Available Down Payment

About This Program

Below-market interest rate mortgage for first-time homebuyers in Tennessee including Franklin. Down payment assistance options available. Income and purchase price limits apply based on county.

Competitive interest rate reduces monthly payment compared to conventional loans

Key Details

  • Below-market rate for first-time buyers
  • Income limits: varies by household size
  • Purchase price limit: check county limits
  • Down payment assistance available
  • Apply through participating lenders

How to Apply

A grant-savvy contractor in Franklin, TN can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Deadline: Rolling applications through participating lenders

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Find More Programs in Franklin, TN

This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

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