THDA Great Choice Home Loan

Tennessee Housing Development Agency

Available Down Payment

About This Program

THDA Great Choice Home Loan is available to homeowners in Johnson City, TN.

State-funded down payment and closing cost assistance for first-time homebuyers in Tennessee. Combines below-market interest rate mortgage with forgivable second loan for down payment and closing costs.

Down payment assistance amount based on purchase price and borrower need

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 Johnson City, TN, you can combine this program with other local help to cut your cost:

Key Details

  • Down payment assistance up to $15,000
  • Below-market interest rate mortgage
  • First-time homebuyer or qualified repeat buyer
  • Income and purchase price limits apply
  • Second mortgage forgiven after 15 years

How to Apply

A grant-savvy contractor in Johnson City, TN can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Your application paperwork

Documents you will likely need

  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • Household income proof (recent pay stubs, last year's tax return, or benefit award letters for everyone in the home).
  • The program's own application form, completed (use the official link or phone number on this page).

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: Ongoing, subject to fund availability

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

Email us about this program

Frequently asked questions

How much can THDA Great Choice Home Loan provide in Johnson City, TN?

Down payment assistance up to $15,000.

Who qualifies for THDA Great Choice Home Loan in Johnson City?

THDA Great Choice Home Loan is open to homeowners in Johnson City, TN.

How do I apply for THDA Great Choice Home Loan in Johnson City, 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.

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Find More Programs in Johnson City, TN

This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

See All Programs