Many people have decent credit, can pay their bills on time and make a respectable living yet can’t seem to scrape enough together for a down payment and closing costs to buy a house.
That doesn’t have to be the case.
There are programs available for people just like you that are paying WAY TOO MUCH RENT and are watching their savings grow slower than home prices are increasing. What are you to do?
Well fortunately there are programs out there specifically for you. Nationally for qualifying buyers and qualifying areas you may be able to qualify for a zero down payment loan through USDA Rural Development Loan. In Tennessee for qualifying buyers and properties there is the THDA Great Choice loan assistance.
USDA is a loan for properties in more rural areas. THDA Tennessee Housing Development Agency is down payment assistance for qualified buyers in qualified areas.
You can follow the links and learn all about how these programs might apply to you or call your lender or an approved THDA lender to learn more.