First Time Home Buyer's
The Great Choice Home Loan program was created by the Tennessee Housing Development Agency (THDA) to make homeownership available and affordable for Tennesseans of middle/moderate income.
Down Payment Assistance: You can use our Great Choice Plus down payment assistance for any loan-related costs, including your down payment and/or closing cost.
30-Year Term: Your monthly payments are spread out across 30 years to keep them affordable.
Fixed Interest Rate: The interest rate never changes throughout the entire life of the loan.
Minimum Credit Score: The credit score of everyone on your loan application must be at least 640. If you do not know your credit score, we can check for you.
Household income and purchase price limits: The maximum of your total household income and the price you can pay for a home and still qualify for the Great Choice Home Loan program varies by county.
- Jumbo Loans
- As little as 3% down
- Private Mortgage Insurance not required
Home Equity Line of Credits
- Quick Cash
- Closing Costs paid by Credit Union
- Down Payment Assistance Available
Fixed Second Mortgages
- 15 year term available
- Low Closing Costs
Vacation/Second Home or Investment Loans
- Available in most states
Apply for a Purchase or Refinance here.
Contact us today to learn more about purchasing or refinancing a home.
NMLS# ID 712315