Tennessee THDA Great Choice Plus Down Payment Assistance

About This Program

THDA's Great Choice Plus program provides a 0%, deferred second mortgage of up to $7,500 for down payment and closing cost assistance, paired with a Great Choice first mortgage. Nashville Metro may also offer local MDHA (Metropolitan Development and Housing Agency) DPA programs for city residents. Funds are deferred — no monthly payment required.

First-time Nashville homebuyers using THDA Great Choice first mortgage

Key Details

• Up to $7,500 in DPA as 0% deferred second mortgage
• No monthly payment — due on sale or refinance
• Must use THDA Great Choice first mortgage
• Davidson County income limits up to $116,690 for 3+ persons
• Nashville MDHA may offer additional local DPA — call THDA: 615-815-2200

How to Apply

Deadline: Rolling through THDA-approved lenders