Downpayment Assistance up to $10,000.
First-time Homebuyers THDA Great Choice Program
For first-time homebuyers, one of the greatest obstacles in the homeownership process is saving the money to cover the downpayment and closing costs. The Great Choice Loan Program (http://greatchoicetn.com/) provides qualified Tennesseans up to 4% of the home price for downpayment assistance limited to $10,000.
Lender point of contact is Bartlett Mortgage –
Vivian Smithey – (901) 387-3049
***Make sure you tell her that you are working with Bob Brown at MidSouth Residential.
MUST have a Realtor
Realtor Point of Contact
Is Bob Brown – (901) 233-3313 - Email: email@example.com
If you can meet these qualifications, your:
CALL TO ACTION is to contact me immediately.
First-time homebuyer is defined as never having owned a home or not having owned a home in the past 3-years.
Credit Score – at or above 640 (no exceptions).
Total household income Limits (Income of all people living in the home)
County 1-2 Persons 3+ Persons
Shelby $62,482 $71,854
Tipton $69,600 $81,200
Fayette $69,600 $81,200
CALL TO ACTION - contact Bob Brown with MidSouth Residential - 901.233.3313 (voice or text) or email to firstname.lastname@example.org .
MUST complete the Homebuyer Education Training prior to closing on the purchase - Vivian Smithey can help you get in contact with the appropriate organization.
With your cooperation and my expertise, we will have you in the home of your choice. I promise loyalty and integrity to you throughout our relationship. I will need the same from you.
USDA loan program is another downpayment assistance program with NO downpayment required. The property must be located in a rural area - not within the city limits of a large city. You would need an address of interest to enter on their website to check property qualifications.
If you have any questions, please don't hesitate in contacting me. I will be happy to find the answer for you.