First Time Home Buyers in Tennessee THDA offers affordable mortgages and down payment assistance to First Time Home Buyers in Tennessee through local lenders such as Guaranty Trust. A first-time home buyer is considered anyone who has not owned their principal residence int he last three years, anyone buying in special targeted areas, or an honorably discharged or re-enlisted veteran and spouse. A brief overview of the three mortgage programs availabe are listed below. Rates are subject to change. Great Rate: 5.2% FHA, VA, Rural Development and conventional Homebuyer education not required Great Advantage: 5.5% 2% down payment and closing cost assistance FHA, VA, Rural Development, AND Conventional Homebuyer education is required Great Start 5.8% 4% down payment and closing cost assi...
Comments
0