THDA Great Choice Home Loan Program

Tennessee Housing Development Agency

Available Down Payment

About This Program

Provides below-market interest rate mortgages and down payment assistance for first-time homebuyers in Tennessee. DPA is a forgivable second mortgage that is forgiven after 15 years of owner-occupancy.

Down payment assistance amount varies by county; forgiven after 15 years

Key Details

  • Down payment assistance up to $15,000
  • Below-market interest rate mortgage
  • DPA forgiven after 15 years of occupancy
  • Income and purchase price limits apply
  • Must complete homebuyer education course

How to Apply

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

Deadline: Ongoing program

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 Germantown, TN

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