Tennessee Housing Development Agency
THDA Great Choice Home Loan is available to homeowners in Cleveland, TN.
THDA's Great Choice program offers down payment and closing cost assistance for first-time homebuyers in Tennessee. Provides a 30-year fixed-rate mortgage with a second loan for down payment assistance that is forgiven after 15 years of owner occupancy.
Down payment assistance loan forgiven after 15 years of occupancy
Verified against Tennessee Housing Development Agency's official page on 2026-06-17.
Data last verified 2026-06-09. How we verify our data.
In Cleveland, TN, you can combine this program with other local help to cut your cost:
A grant-savvy contractor in Cleveland, TN can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.
Documents you will likely need
Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.
Deadline: Rolling, subject to funding availability
Ask us. It is free, and a real person answers within a business day.
Email us about this programUp to $15,000 down payment assistance.
THDA Great Choice Home Loan is open to homeowners in Cleveland, TN.
Apply directly with Tennessee Housing Development Agency using the official program link on this page or call (615) 815-2200. There is no middleman and no fee.
Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.
Rebates and discounts that stack on top of any grant. Most are free to use.
This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.
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