The Tennessee Housing Development Agency Offers Homeownership Options for Heroes!
THDA celebrates and honors the men and women who serve with the Homeownership for Heroes program.
This Great Choice Home Loan offers financial assistance, along with these added benefits:
• Reduced interest rate by half percentage point (0.5%)
• Waive requirements to be a first-time homeowner in all areas of Tennessee for qualified military or veterans
Choose your downpayment assistance:
• Deferred Option (no payment): $6,000
• Amortization Option (monthly payment): 5% of purchase price (up to $15,000)
Borrow up to 100% of the home’s purchase price with a VA or USDA-RD loan or 96.5% with FHA loan!
Household income and purchase price limits do apply. Minimum credit score of 640 required. Not all borrowers will qualify. This is not a commitment to lend.
Interested in One of Our Current Offers?
Fill out the contact form below to learn more!