Mortgage With Heart

What does it mean to have a "Mortgage with Heart"?

It means your monthly home loan payments help provide assistance to very low income, elderly and disabled Tennesseans who are struggling to hold onto their homes or find a safe place to live.

As a State agency, THDA isn't trying to make a profit for our stockholders or investors like most other financial institutions do. Instead, we invest the profits we make on Great Choice Home Loans into a wide variety of housing programs for your fellow Tennesseans in need.

Every year, THDA contributes millions of dollars from our Great Choice Home Loans into the Tennessee Housing Trust Fund. We then award grants and loans from the Housing Trust Fund to thenonprofits and local government agencies that serve people in your community--such as retirees on a fixed income who can't afford to fix leaky roofs, or people in wheelchairs who need ramps and other modifications to their homes, or U.S. military veterans at risk of homelessness, and many other of your neighbors.

For more information about the Great Choice Home Loan program, please visit our First-time Homebuyer, Repeat Homebuyer or Military Homebuyer pages.

For more information about THDA’s funding priorities for very low income, elderly and disabled Tennesseans, please visit our Housing Trust Fund page.

Meet Housing Trust Fund Recipients

Stella Ellenburg has suffered from seizures for more than 15 years and was finding it very difficult to get around the small house in Greeneville, TN, that has been her home for the past 24 years. Through the regional Emergency Repair Program (funded by Tennessee's Housing Trust Fund), Stella received a new ramp that has made it much easier for her to get in and out of the house. “I’d rather see others have things than myself, but I’m so glad to have my ramp. When I use my walker, I can get around so much better. My cats like the ramp too,” Stella said.


Stella Jones, a single mother with three children, was diagnosed with Muscular Dystrophy at 30 and realized that eventually she would be confined to a wheelchair. Her daughter has also been diagnosed with Muscular Dystrophy. The Jones family now lives in a new Habitat for Humanity home, funded in part by THDA’s Housing Trust Fund. The Chattanooga home was built specifically for the challenges Stella and her family now face. There aren’t any stairs to climb, the doorways and showers are wheelchair accessible, and her cabinets and countertops are at wheelchair height. "I don’t focus on the pain. I just focus on each day, one day at a time. I don’t consider myself disabled; I just have a disability," Stella said.