Down Payment Assistance Tennessee

Tennessee Home Buyer
1% Down Payment Assistance Program

About Tennessee’s Home Buyer Solution Gift Program

  • The Tennessee’s Home Buyer Solution Gift Program is offered exclusively through The Lending Company.
  • The program can provide up to 2.5% of down payment and closing costs.
  • The program is available with FHA fixed 30 year mortgages.
  • The buyer’s cost could be as low as 1%.
  • You are under no obligation to repay money from the gift program.
  • Interest rates are competitive.
  • Loan guidelines are flexible.
  • The program is not limited to first-time home buyers.
  • The seller is encouraged to contribute up to 3% towards closing costs and other prepaid items.
  • The program is not limited to foreclosures or vacant properties.
  • Income limits may apply. Check with your loan officer.
  • All borrowers must have a minimum credit score of 640.
  • Non-occupants may act as co-borrowers.
  • The gift program requires home buyer education.

For more information on the Tennessee’s Home Buyer Solution Gift Program, please fill out the form below:

Get Pre-Approved for a Mortgage

  • Please list type of debt, eg. student loans, credit card debt, car loans
  • This field is for validation purposes and should be left unchanged.