THDA created Great Choice Home Loans to make homeownership possible for more Tennesseans of middle/moderate income.
A 30-year, fixed interest rate home loan created by THDA to make homeownership more affordable to qualified Tennesseans.Learn More
Active Duty Military & Veterans
Great Choice offers a 1/2% interest rate reduction for qualified military homebuyers and their spouses through Homeownership for the Brave.Learn More
Repeat homebuyers in over 50 Tennessee counties can take advantage of Great Choice's downpayment assistance to buy their next home.Learn More
Down Payment Assistance
If you qualify for a Great Choice Home Loan, you also have the option of financial assistance with your down payment and/or closing costs.Learn More
THDA encourages homebuyer education for all homebuyers and requires it for all of the THDA mortgage loan programs.Learn More