THDA-100% Financing Options for First Time Homebuyers in Tennessee

There is good news in Tennessee for those who are unaware. 100% financing is still available through the Tennessee Housing Development Agency. Through a bond secured through the state of Tennessee, first time homebuyers can receive the downpayment needed for an FHA loan. In order to qualify, there are caps on income as well as debt ratio, and credit scores are considered. Nevertheless, for those first time homebuyers that are gainfully employed and only lack the downpayment to secure a home, THDA is a wonderful option. THDA provides the downpayment,and a good realtor, such as myself, can negotiate for closing costs so that you can move into your new home with almost zero dollars out of pocket. Last week I helped someone close on a property where they secured a THDA loan. They purchased the property with no money out of pocket. Their earnest money was returned to them at the closing table. If you need a realtor to help you purchase a home through THDA and 100% financing, call today.

Maria Holland Re/Max Elite 615-661-4400/615-289-6056. mariaholland@comcast.net www.mariaholland.net are the ways to reach me.

Follow the link to THDA to find out more about this affordable opportunity.

http://www.thda.org/singlefamily/ftcover.html