THDA Great Choice Home Loan

Tennessee Housing Development Agency

Available Down Payment

About This Program

THDA provides low-interest mortgage loans with down payment assistance for first-time homebuyers in Tennessee. Available in Jackson and Madison County with income limits based on household size. Homebuyer education required.

Down payment assistance available as forgivable second mortgage

Key Details

  • Down payment assistance up to $15,000
  • Below-market interest rate mortgage
  • Income limits: $116,050 (1-2 persons), $133,490 (3+ persons)
  • Must complete homebuyer education
  • Available through participating lenders

How to Apply

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

Deadline: Ongoing program, subject to fund availability

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 Jackson, TN

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

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