THDA Great Choice Home Loan

Tennessee Housing Development Agency

Available Down Payment

About This Program

Provides low-interest mortgages and down payment assistance for first-time homebuyers in Tennessee. Includes Great Choice Plus with up to $15,000 in down payment/closing cost assistance as a second mortgage at 0% interest.

Maximum down payment assistance available through Great Choice Plus

Key Details

  • Low-interest first mortgage for homebuyers
  • Up to $15,000 down payment assistance (0% interest)
  • Income limits apply by county
  • First-time homebuyer requirement (with exceptions)
  • Must complete homebuyer education course

How to Apply

Get free help applying Visit Official Program Page Track this program

(615) 815-2200

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Deadline: Ongoing program, subject to funding availability

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