Information for Lenders
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Tennessee Housing Development Agency
THDA was established by the Tennessee legislature through enactment of Tennessee Code Annotated Sections 13-23-101, et seq. Under the direction of a 15-member Board of Directors, the mission of THDA is to be the lead state agency promoting sound and affordable housing for people who need help.
THDA is not a direct lender to borrowers but works with approved mortgage lenders (“Originating Agents” or “OAs”) from across Tennessee to originate its loans. THDA underwrites loan applications submitted by OAs, and then commits to purchase pre-approved loans after they are closed and documented, or in some cases, table funds loans. All THDA loans are serviced by THDA's servicing department known as Volunteer Mortgage Loan Servicing (VMLS).
Marketing Tools
THDA maintains a repository of flyers in both English and Spanish that you can co-brand and use to help reach new clients. Check it out! Please reach out to Juanita Hamilton to get the password needed to access those files.
Originating Agents Guide
Lender Notices
- 11/29/23 - NOTICE #2023-34: MRB Interest Rate Decrease
- 11/27/23 - NOTICE #2023-33: MRB Interest Rate Decrease
- 11/17/23 - NOTICE #2023-32: MRB Interest Rate Decrease
- 11/15/23 - NOTICE #2023-31: MRB Interest Rate Decrease
- 11/14/23 - NOTICE #2023-30: Rate Lock Extension Fee Reinstated
- 10/31/23 - NOTICE #2023-29: MRB Interest Rate Increase
- 10/23/23 - NOTICE #2023-28: MRB Interest Rate Increase
- 10/19/23 - NOTICE #2023-27: MRB Interest Rate Increase
- 10/10/23 - NOTICE #2023-26: MRB Interest Rate Increase
- 10/04/23 - NOTICE #2023-25: Underwriting Turn Times, Rate Lock Extension Fees, UW Checklist Instructions
- 09/27/23 - NOTICE #2023-24: High Volumes and Underwriting Fast Track Updates
- 09/07/23 - NOTICE #2023-23: Underwriting Fast Track Launch
- 08/17/23 - NOTICE #2023-22: Prior THDA Foreclosure and Updated Underwriting Checklist
- 08/03/23 - NOTICE #2023-21: HFA Advantage IRS 4506-C Procedure Update
- 07/26/23 - NOTICE #2023-20: Acquisition and Income Limit Increases
- 07/05/23 - NOTICE #2023-19: MRB Interest Rate Decrease
- 06/27/23 - NOTICE #2023-18: General Updates from THDA
- 06/14/23 - NOTICE #2023-17: HFA Advantage IRS 4506-C Procedure Update
- 06/08/23 - NOTICE #2023-16: MRB Interest Rate Increase
- 05/30/23 - NOTICE #2023-15: Suspension of Rate Increase Advance Notice
- 05/23/23 - NOTICE #2023-14: MRB Interest Rate Increase
- 05/18/23 - NOTICE #2023-13: Shipping Address Update for Closing Documents
- 04/13/23 - NOTICE #2023-12: Lender Renewal Launch via Comergence
- 03/31/23 - NOTICE #2023-11: MRB Rate Decrease
- 03/30/23 - NOTICE #2023-10: HFA Advantage Standalone Mortgage
- 03/29/23 - NOTICE #2023-9: MRB Rate Decrease
- 03/24/23 - NOTICE #2023-8: HFA1 Affordable Homeownership Program Toolkit
- 03/01/23 - NOTICE #2023-7: MRB Rate Decrease
- 02/24/23 - NOTICE #2023-6: Homeownership for Heroes
- 02/21/23 - NOTICE #2023-5: Third Party Origination (TPOs)
- 02/07/23 - NOTICE #2023-4: Form 1103 HFA Advantage Enhancements
- 02/01/23 - NOTICE #2023-3: Lender Compensation Change
- 02/01/23 - NOTICE #2023-2: Interest Rate Decrease-Mortgage Revenue Bond (MRB) Programs
- 01/06/23 - NOTICE #2023-1: EPD, Quality Control, Repurchase & Other Updates
Archive- OA Guide Revisions
Click here to see Revisions prior to current year
Archive- Memos
Click here to see Memos prior to current year
Miscellaneous Information for Originating Agents
- Recapture Tax Information
- Post Closing Procedures for Lenders
- VMLS-Servicing Information for New Loan
Newsletter
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Need Help?
If you have any questions or need additional information, please contact SFask@thda.org by email or the Single Family help desk at 615-815-2100.
