THDA Great Choice Home Loan Program

Tennessee Housing Development Agency

Available Down Payment

About This Program

Provides low-interest mortgages and down payment assistance for first-time homebuyers in Tennessee. Offers competitive rates and various down payment assistance options including grants and forgivable second mortgages.

Down payment assistance typically 2-4% of purchase price

Key Details

  • Low-interest mortgage loans
  • Down payment assistance available
  • For first-time homebuyers
  • Income and purchase price limits apply
  • Homebuyer education required

How to Apply

Deadline: Ongoing program

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