TN Down Payment AssistanceTennessee Down Payment Assistance Programs
Comprehensive guide to Tennessee DPA programs through Tennessee Housing Development Agency (THDA). Get up to Up to 4% of loan amount to help with your down payment and closing costs.
Tennessee DPA Programs
Tennessee Housing Development Agency (THDA) offers multiple down payment assistance programs to help Tennessee homebuyers achieve homeownership with reduced upfront costs.
Provides down payment and closing cost assistance as a second mortgage with no monthly payments.
Enhanced program for first-time buyers offering higher assistance amounts.
| Program | Type | Amount | Forgiveness |
|---|---|---|---|
| Great Choice | Deferred Loan | Up to 4% of loan amount | N/A |
| Great Start | Forgivable Loan | Up to 5% of loan amount | 5 years |
Eligibility Requirements
To qualify for Tennessee down payment assistance programs, you typically need to meet these requirements:
- First-time homebuyer or haven't owned in 3 years
- Minimum credit score of 640
- Property must be in Tennessee and primary residence
- Meet income and purchase price limits
- Complete homebuyer education course
How to Apply for Tennessee Down Payment Assistance: 4 Steps
Follow these steps to access Tennessee down payment assistance programs through duPont Lending
Get Pre-Qualified
Complete our quick online application to determine your eligibility and loan options.
Choose Your Program
Work with your loan officer to select the best Tennessee DPA program for your situation.
Complete Education
Complete required homebuyer education course (we'll guide you to approved providers).
Close on Your Home
Finalize your loan with down payment assistance applied, reducing your upfront costs.
Ready to Access Tennessee Down Payment Assistance?
Get pre-qualified in minutes and discover which Tennessee DPA programs you qualify for. Our experienced team will guide you through every step of the process.
Official Tennessee Resources
For more information about Tennessee down payment assistance programs
Tennessee Housing Development Agency (THDA)
Official state housing finance agency administering DPA programs in Tennessee
Visit Official WebsiteNeed help navigating Tennessee DPA programs? Our team specializes in down payment assistance and can help you determine which program is best for your situation.
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