Habitat for Humanity of Greater Nashville Affordable Homeownership Mortgage

What is Habitat for Humanity of Greater Nashville Affordable Homeownership Mortgage?

Habitat for Humanity of Greater Nashville Affordable Homeownership Mortgage is a first mortgage for homebuyers in Nashville, Tennessee, administered by Habitat for Humanity of Greater Nashville.

• Habitat for Humanity of Greater Nashville offers 0% interest, no-fee first mortgages on Habitat-built or renovated homes to income-qualified households earning 50-80% AMI. Buyers must complete sweat equity hours (500), homebuyer education, and save approximately $3,000 toward closing costs. Homes are sold below market value; affordability is ensured through a subsidized silent second mortgage. Applications open periodically by community.
• 0% interest mortgage.
• No origination fees.
• Homes priced below market.
• Closing cost savings assistance via Pinnacle Financial Partners.
• Funding comes from Habitat for Humanity of Greater Nashville / private fundraising / HOME funds.

Do you have to pay it back?

Habitat for Humanity of Greater Nashville Affordable Homeownership Mortgage is a first mortgage and is repaid under the terms set by Habitat for Humanity of Greater Nashville.

• Repayment is triggered by Sale, transfer, or failure to maintain owner-occupancy.
• The assistance is recorded in First position.
• Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Habitat for Humanity of Greater Nashville Affordable Homeownership Mortgage is open to first-time homebuyers and buyers who will live in the home as their primary residence.

What are the income limits?

Habitat for Humanity of Greater Nashville Affordable Homeownership Mortgage limits household income to 80% of the area median income, which varies by county and household size.

• 50%-80% of Area Median Income (AMI) for county of purchase (Davidson, Cheatham, Dickson, Robertson, or Wilson County).
• The limit applies to total household income, not only the borrower’s.
• Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

What kind of home can it be used for?

Habitat for Humanity of Greater Nashville Affordable Homeownership Mortgage caps the purchase price as follows: Home prices set by Habitat; typically well below market value in target counties.

• Eligible property types include Single Family.
• New construction is eligible.
• Manufactured homes are not eligible.

Where does it apply?

Habitat for Humanity of Greater Nashville Affordable Homeownership Mortgage serves buyers purchasing in Nashville, Tennessee.

• The program targets specific areas: Davidson, Cheatham, Dickson, Robertson, and Wilson counties in Middle Tennessee.

How do you apply?

Applications for Habitat for Humanity of Greater Nashville Affordable Homeownership Mortgage go through Habitat for Humanity of Greater Nashville, which publishes the current terms and the application steps on its own site.

1. 1

   Take a homebuyer education course

   Required by the program, through Habitat for Humanity of Greater Nashville homebuyer education program (multi-week course).

2. 2

   Contact Habitat for Humanity of Greater Nashville to reserve funds

   Funds are reserved through Application cycles; 2026 Robertson County (Cedar Hill) applications closed June 12, 2026, and are subject to availability.

3. 3

   Work with a lender who handles the program

   Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.