Tennessee Housing Development Agency
THDA’s Homeownership programs are designed for low- and moderate-income borrowers. The Great Advantage program offers a slightly higher interest rate loan secured by a first mortgage offering downpayment and closing cost assistance of 2%. The Great Start program offers a loan at a slightly higher interest rate, secured by a first mortgage, but offers assistance with down payment and closing costs of 4%.
If you have any questions or need additional information, please contact Ed Lozier by email or at 615-815-2082.