THDA Great Choice Home Loan

Tennessee Housing Development Agency

Available Down Payment

About This Program

State first-time homebuyer program offering competitive interest rates and down payment assistance. Available to qualified buyers in Henderson County purchasing homes in Lexington. Down payment assistance amount varies by program tier.

Down payment assistance typically 2-4% of purchase price

Data last verified 2026-06-09. How we verify our data.

Key Details

  • Down payment assistance for first-time buyers
  • Competitive below-market interest rates
  • Income and purchase price limits apply
  • Must complete homebuyer education course
  • Available through participating lenders

How to Apply

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

Deadline: Ongoing program

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Need a Contractor for This Grant?

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

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