Financing in Memphis>Question Details

future homeb…, Home Buyer in Memphis, TN

Are there any programs or grants that can help with down payments or closing costs?

Asked by future homebuyer, Memphis, TN Sat Feb 20, 2010

I will be a first time homebuyer and I am looking for programs that can assist me in purchasing a home. I know about the tax credit, but I wanted more info on grants and other forms of assistance.

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Grace Uhlhorn’s answer
Absolutely! There are govt assisted programs depending on your income, available gifts, costs paid by sellers - it really depends on YOUR situation. I would be happy to help you sort these out if you like.
0 votes Thank Flag Link Sun Feb 21, 2010
Yes. As previously mentioned the THDA program through the city of Memphis. And there's also, the county DPA program through Shelby County. If you have further questions about these two programs, please call me for further assistance.

Beulah Daniel,Affiliate Broker
Crye-Leike Realtors
0 votes Thank Flag Link Sat Feb 20, 2010
Most loan officers are familiar with the Tennessee Housing Development Administration (THDA) programs. Let me know if I can provide you with a local reference. This is definitely the best and most reputable way to go.
Web Reference:
0 votes Thank Flag Link Sat Feb 20, 2010
THDA is the best program in TN.
0 votes Thank Flag Link Sat Feb 20, 2010
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