Murfreesboro · Rutherford County
Affordable Housing Assistance
Forgivable loan · 80% of area median income
Programs by loan typePrograms by loan type · Tennessee
Down payment assistance you can pair with a conventional loan in Tennessee
24 programs name conventional loans: 9 city, 8 county or regional, 7 statewide.24 programs in Tennessee name conventional loans among the first mortgages they can be paired with: 9 run by a city, 8 by a county or regional agency and 7 open statewide.
Two approvals, made separately. The lender underwrites the conventional loan; the program reviews its own application, and the lender must also accept the assistance. The loan type is one rule among several.The lender underwrites the conventional loan; the assistance program reviews its own application. A program naming conventional means the two can be combined, and the lender must also accept the assistance as a source of funds. The loan type is one rule among several.
Find my programs →Free · No credit pull · 90 seconds
The 24 programs, closest first
From one city out to the whole state
Listed A–Z within each group, not ranked.A city program covers homes inside that city; a county or regional program, homes in its area; a statewide program, an eligible home anywhere in Tennessee. Listed A–Z within each group, not ranked.
In a Tennessee city 9 programs
For homes inside that city’s limits onlyChattanooga · Hamilton County
City Down Payment Assistance
Forgivable loan · 80% of area median income
Chattanooga · Hamilton County
City of Chattanooga Down Payment Assistance Program
Forgivable loan · 120% of area median income
Memphis · Shelby County
Citywide DPA (CWDPA)
Forgivable loan · 80% of area median income
Knoxville · Knox County
Downpayment Assistance Program
Forgivable loan · 80% of area median income
Clarksville · Montgomery County
First-Time Homebuyer Program
Forgivable loan · 80% of area median income
Memphis · Shelby County
Memphis Housing Authority (MHA)
Forgivable loan · 80% of area median income
Memphis · Shelby County
Section 8 Homeownership Program (SHAPE)
Assistance grant · 80% of area median income
In a county or region 8 programs
For homes anywhere in the county or the counties namedCarter|Greene|Hawkins|Johnson|Sullivan|Unicoi|Washington County
Affordable Homeownership Program
Forgivable loan · 80% of area median income
Cocke County
Clinch-Powell Shift to Ownership - Second Shift Loan & DPA
Deferred second loan
Hamilton County
CNE Down Payment Assistance
Forgivable loan · 80% of area median income
Hamilton County
CNE Down Payment Assistance (Regional)
Second mortgage
Shelby County
Down Payment Assistance Program
Forgivable loan · 120% of area median income
Washington County
HomeWorks Community Lending Down Payment Assistance (Eastern Eight CDC)
Second mortgage · 80% of area median income
Shelby County
Shelby County Down Payment Assistance Program
Repayable second loan
Davidson County
Tennessee Downpayment Partnership (AHR)
Silent second · 80% of area median income
Anywhere in Tennessee 7 programs
Can sit alongside a city or county program where both allow it- Down Payment AssistanceDeferred second loan
- FHLB Cincinnati Welcome Home Program (TN)Up to $20,000 · Assistance grant
- Freddie Mac HFA Advantage - AmortizingUp to $15,000 · Repayable second loan · First-time homebuyers
- Freddie Mac HFA Advantage - DeferredUp to $15,000 · Deferred second loan · First-time homebuyers
- THDA Great ChoiceUp to $7,500 · Forgivable loan · First-time homebuyers
- THDA New Start Loan ProgramUp to $200,000 · First mortgage
- The Housing Fund Shared Equity HomeownershipShared-appreciation loan · First-time homebuyers
Nationwide 54 programs · not in the 24
Nationwide: 54 more, not in the 2454 nationwide programs that also name conventional loans, each with its own area and eligibility rules
- America First Credit Union 100% No PMI Adjustable-Rate Mortgage
- American Pacific Mortgage 1% Home Program
- American Pacific Mortgage Pathway DPA
- BNY Down Payment Assistance
- Chase Bank Homebuyer Grant
- Chico Rancheria Housing Corporation Homebuyer Assistance
- Citibank, N.A. HomeRun Mortgage
- Confederated Tribes of Grand Ronde Down Payment Assistance
- CrossCountry Mortgage Community Promise
- CrossCountry Mortgage Smart Start Down Payment Assistance Program
- Empowered DPA Program Down Payment Assistance
- Essex Mortgage 10 Year Amortized 2 Plus
- Essex Mortgage Forgivable/Deferred Program
- Fairway Independent Mortgage Corporation Affordable Housing
- Fairway Independent Mortgage Corporation HOPER's Incentive Program
- First Bank Thrive Mortgage Loan
- Flagstar - Flagstar Gift Program
- Great Nevada Mortgage Middle-Income Downpayment Assistance Grants
- Guild Mortgage 1% Down Program
- Guild Mortgage 3-2-1 Home Plus Program
- Guild Mortgage Doctor and Medical Professionals Program
- Guild Mortgage MyPath2Own Program
- Guild Mortgage Zero Down Mortgage Program
- HSBC Bank USA CommunityWorks
- HSBC Bank USA CommunityWorks Opening Doors Home Loan Grant
- Lakeview National Down Payment Assistance Homeownership Program
- Land Home Financial Services, Inc. House2Home Program
- Lennar Mortgage Advantage Plus Program
- Luminate Bank Luminate PATH National DPA Program
- MEP Advantage DPA Program
- NACA Homeownership through Public Housing Assistance (HOT-PHA)
- NACA's New Construction Homes
- NASA FCU $0 Down, No PMI Mortgage Purchase
- National Homebuyers Fund (NHF) - Data Mortgage, Inc. dba Essex Mortgage Deferred Down Payment Assistance Program
- Navy Federal Credit Union Homebuyers Choice Loan
- Navy Federal Credit Union Military Choice Loan
- North Fork Rancheria Indian Housing Authority Down Payment Assistance Program
- Northern Circle Indian Housing Authority Down Payment Assistance
- Northpointe Bank ONE+ Loan Program
- Pathway Homes Essential Workers Program
- All nationwide programs →
What to know
What the 24 records say
From each program’s own record. The agency decides who can use it.Counted from each program’s own record. A program’s agency decides who can use it.
- 23 of 24
ask for a homebuyer education class.
- 17 of 24
are limited to first-time homebuyers, as each program defines it.
- 12 · 3 · 2
are forgivable loans, deferred second loans and assistance grants. The other 7 are 2 repayable second loans, 2 second mortgages, 1 first mortgage, 1 shared-appreciation loan and 1 silent second.
Free help in TennesseeFree help in Tennessee
29 HUD-approved counseling agencies in Tennessee29 HUD-approved housing counseling agencies in Tennessee
23 of 24 of these programs ask for a homebuyer class. A HUD-approved counselor teaches it and can explain how the assistance and a conventional loan fit together.23 of 24 of these programs ask for a homebuyer class. A HUD-approved counselor teaches it and can explain how an assistance program and a first mortgage fit together, before you talk to a lender. Create a free account to see who’s near you.
Find my counselor
Free account → 90-second match → your counselors · Sign in
Questions, answered
Can down payment assistance be used with a conventional loan in Tennessee?
24 programs in Tennessee name conventional loans among the loan types they can be paired with. The assistance program and the first-mortgage lender underwrite separately, so a lender must also be willing to accept the assistance as a source of funds.
Does naming conventional loans mean a program is open to everyone using one?
No. The loan type is one eligibility rule among several — income limits, purchase price caps, credit requirements and occupancy rules all still apply, and each program sets its own.
Is Hey Prescott a lender?
No. Hey Prescott is an educational directory of down payment assistance programs. We list programs and link to official sources; we do not make loans or give individualized lending advice.
Programs and counts: Hey Prescott program records, each verified with its administering agency (July 2026). Counselors: HUD housing counseling agency list. Hey Prescott is not a lender.