THDA Great Choice Home Loan

Tennessee Housing Development Agency (THDA)

Available Down Payment

About This Program

Low-interest mortgage with optional down payment assistance for first-time homebuyers in Tennessee. Requires completion of homebuyer education. Available through participating lenders statewide.

Down payment assistance is 4% of loan amount, up to $15,000

Key Details

  • Up to $15,000 down payment assistance (4% of loan)
  • Low fixed interest rate mortgage
  • First-time homebuyers (or not owned in 3 years)
  • Income and purchase price limits apply
  • Must complete homebuyer education

How to Apply

Visit Official Program Page Track this program

(615) 815-2200

Deadline: Ongoing while funds available

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