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Homeownership for the Brave

With THDA’s “Homeownership for the Brave” everything is even greater!

What is Homeownership for the Brave: a ½-percent reduction off THDA's 30-year fixed mortgage interest rates

Who is eligible: Active duty service members and National Guard, veterans discharged under conditions other than dishonorable, reservists with at least 180 days of active duty service, spouses of service members and qualified veterans as well as surviving spouses of service members and qualified veterans.

Where can I apply: through any THDA approved lender (find a lender on our website

When can I apply: Homeownership for the Brave is now a permanent program.

What kind of loan can I use: FHA, VA, RD and Conventional — 78% LTV (meeting THDA guidelines)
Homeownership Choices Rate      Homeownership for the Brave Rate
Great Rate: 4.50% /1.25 +.25/4.72% APR EQUALS         4.00% /1.25+.25/4.21% APR
Great Advantage: 4.80%/1.25+.25/5.02% APR* EQUALS         4.30%/1.25+.25/4.52% APR* 
Great Start: 5.10%/1.25+.25/5.33% APR** EQUALS         4.60%/1.25+.25/4.82% APR**   
Great Choice:  4.60%/1.25+.25/4.82% APR**            EQUALS          4.10%/1.25+.25/4.31% APR**

*2% DPA, CC, or PP assistance ** 4% DPA CC or PP assistance 

  • Origination fee affects APR & can be higher or lower depending on lender quote
  • THDA-Approved Homebuyer Education is required on all “Homeownership for the Brave” loans
  • Rates are subject to change

Potential homebuyers may access information on THDA mortgage loan programs by calling the Single Family Programs information line at 615-815-2100.