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THDA Homeownership for Heroes

Administered by:
Tennessee Housing Development Agency (THDA)
· State · Government-Insured Mortgage
Funding status: Active

How much assistance

0.5% reduced interest rate plus up to $15,000 or 5% of purchase price in DPA

Eligibility

  • Income limits: Varies by county. Same income limits as Great Choice Home Loan.
  • First-time buyer required: No
  • Credit score minimum: 640
  • Geographic restrictions: Must purchase within Tennessee.
  • Homebuyer education required: Yes

How to Apply for THDA Homeownership for Heroes

Contact a THDA-approved lender and identify yourself as eligible for Homeownership for Heroes. Provide proof of military service or first responder employment. Complete homebuyer education course.

Learn More About Homebuying in Tennessee

Cities Where This Program Is Available (16 cities across 1 state)

Available Statewide In