Tennessee THDA Great Choice Plus Down Payment Assistance

Tennessee Housing Development Agency (THDA)

Available Down Payment

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

Visit Official Program Page Track this program

615-815-2200

Deadline: Rolling through THDA-approved lenders

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