THDA New Start Loan Program

THDA New Start Loan Program es una primera hipoteca para compradores de vivienda en Statewide, Tennessee. The THDA New Start Loan Program provides below-market-rate conventional mortgages for the purchase of newly constructed single-family homes (including manufactured homes on permanent foundations) built by THDA-approved nonprofit Program Partners. It is not available through conventional lenders - only Habitat for Humanity affiliates and qualifying Tennessee nonprofits with at least a 2-year track record may participate. The Program Partner originates, funds, and delivers the loan to THDA, which then purchases and services it. Two rate tiers exist based on borrower income: Tier I (0% fixed rate) and Tier II (3% fixed rate). Maximum loan amount is $200,000 in all counties; maximum LTV is 75%. Homebuyer education includes 6 hours pre-purchase plus 4 hours post-purchase. The loan is assumable and carries no prepayment penalty. Origination fee limited to 1%. Tier I: 0% fixed interest rate for qualifying lower-income households. Tier II: 3% fixed interest rate for moderate-income households. 30-year conventional mortgage. Maximum loan amount $200,000 (all counties). Maximum LTV 75% of appraised value or sales price. New construction single-family only (including manufactured on permanent foundation). Originated by THDA-approved nonprofit Program Partners. No prepayment penalty. Assumable loan. Los fondos provienen de State - THDA.

THDA New Start Loan Program ofrece hasta $200,000 de ayuda. Niveles de ayuda: Tier I: 0% fixed rate (borrowers at or below Tier I income limits) y Tier II: 3% fixed rate (borrowers above Tier I but below Tier II income ceiling). Tier I limits override Tier II. Sample Tier I limits (1-2 person / 3+): Nashville-area counties $68,880 / $74,620; baseline counties $55,380 / $59,995. Sample Tier II limit (all sizes): Nashville-area $80,360; baseline $64,610. Full table in THDA New Start Program Guide, January 2026. Aporte del comprador de vivienda: Closing costs may come from applicant, seller, or gift. Los montos son los máximos publicados por el programa, no una oferta: la agencia que administra el programa determina cualquier ayuda individual.

THDA New Start Loan Program es una primera hipoteca y se reembolsa según los términos que fija la agencia que administra el programa. La ayuda se registra con un gravamen en posición First. Los términos de condonación y reembolso los fija el programa y pueden cambiar; confírmalos en la página oficial del programa antes de presentar la solicitud.

THDA New Start Loan Program está abierto a compradores de vivienda que vivirán en la vivienda como su residencia principal. Sobre el crédito, el programa indica: Not published in program guide; determined by Program Partner underwriting standards. Se requiere un curso de educación para compradores de vivienda, a través de 6 hours face-to-face pre-purchase homebuyer education + 4 hours post-purchase education required. Requisito de residencia: Primary residence only. Nonprofit-only originated first mortgage for newly constructed single-family homes; program guide updated January 2026.

THDA New Start Loan Program limita el ingreso del hogar a $80,360. El límite se aplica al ingreso total del hogar, no solo al del prestatario. Las cifras del ingreso mediano del área las publica HUD y se actualizan cada año, así que consulta la tabla vigente del condado antes de basarte en una cifra.

THDA New Start Loan Program limita el precio de compra a $200,000. Los tipos de propiedad elegibles incluyen Single Family y Manufactured. La construcción nueva es elegible. Las viviendas prefabricadas son elegibles.

THDA New Start Loan Program atiende a compradores de vivienda que compran en Statewide, Tennessee.

Las solicitudes de THDA New Start Loan Program se tramitan a través de la agencia que administra el programa, que publica los términos vigentes y los pasos de la solicitud en su propio sitio. Los fondos se reservan a través de THDA (Program Partner origination and delivery). Hey Prescott no es un prestamista y no acepta solicitudes; esta página describe el programa para que un comprador de vivienda pueda llevarlo a un prestamista o a un asesor de vivienda.