THDA celebrates and honors the men and women who serve in our country’s military with the Homeownership for the Brave program. Homeownership for the Brave is a type of Great Choice Home Loan that offers financial assistance along with these added benefits: reduced interest rate by half percentage point (0.5%), waive requirements to be a first-time homeowner in all areas of Tennessee, borrow up to 100% of home’s purchase price with a VA-backed loan or 96.5% with FHA or USDA-RD loans.
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