Great Choice Plus (Amortizing) (Tennessee)
Tennessee Housing Development Agency (THDA) · Tennessee
| Assistance type | Repayable loan — Monthly payments |
|---|---|
| Amount | Up to 5% of the sales price, maximum $15,000 |
| Income limit | Not verified on the official page — check the source |
| Purchase price limit | Not verified on the official page — check the source |
| First-time buyer rule | Not verified on the official page — check the source |
| Status | Offered |
| Status note | Not verified on the official page — check the source |
| Details | Interest rate equals the first mortgage. |
| Official source | https://thda.org/homebuyers/down-payment-assistance/ (opens in new tab) |
| Last checked | Oct 19, 2026 (automated fetch) |
Go to the official program page ↗ Report a correction
Other Tennessee programs
- Great Choice Plus (Deferred/Forgivable) — $6,000 or $10,000
- Great Choice Plus (New Construction) — Up to $25,000