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THDA Home Loans

THDA Home Loans

Buy a home with down payment or closing cost assistance from the THDA.

Homeownership Made Simple

Leaders Credit Union is proud to partner with the Tennessee Housing Development Agency (THDA) to make the dream of homeownership achievable for our members.

THDA Loans Put the Dream of Homeownership Within Reach

Get the assistance you need to buy a home. Are you:
Worried about depleting your savings to make a down payment?
Concerned about closing costs?
Seeking assistance to become a homeowner?
In search of simple tools to help manage your mortgage experience?
Apply For THDA Loan
THDA Home Loans
assistance

First-time and repeat home buyers may qualify for assistance

home price

Receive up to $6,000 or 6% of the home price

amortized

Deferred and amortized options available

Highlights

THDA Home Loans

THDA Down Payment and Closing Cost Assistance

Apply For THDA Loan
qualify

Repeat home buyers in 43 counties plus designated areas of 15 additional counties can qualify

Mortgage Champions

Work directly with one of our Mortgage Champions

assistance

First-time and repeat home buyers may qualify for assistance

home price

Receive up to $6,000 or 6% of the home price

amortized

Deferred and amortized options available

qualify

Repeat home buyers in 43 counties plus designated areas of 15 additional counties can qualify

Mortgage Champions

Work directly with one of our Mortgage Champions

Get Assistance Today

Easy online application process
Get Started

Testimonials

What Our Members Are Saying About Leaders

Frequently Asked Questions About
Home Loans

If you choose the Deferred Option, you can get up to $6,000 in assistance. With the Amortized Option, you can qualify for up to 6% of your home’s price.

Deferred assistance is provided in the form of a 30-year second mortgage. If you remain in your home until the end of your mortgage term, your second mortgage will be forgiven and you will not owe anything. If you choose to sell or refinance your home before your term ends, you will be required to repay it.

If you opt for amortized assistance from the THDA, it will be in the form of a second mortgage with a 30-year term. You will be required to make monthly payments just as you would with any other mortgage.

THDA down payment and closing cost assistance is available to repeat home buyers in 43 counties across Tennessee as well as in parts of 15 additional counties. You can find more information here.

While relevant limits are generous, eligibility requires current income and home purchase price to be under certain maximum amounts which vary by county and household size. You can check your county's limits here.

Still have questions? Visit our Help Center.

Do You Have THDA Loan Questions?

Schedule a free appointment with one of our Mortgage Champions and we’ll help you choose the best home loan for your needs.

Do You Have THDA Loan Questions?