Shawn Wilmoth · United Real Estate Solutions · East Tennessee REALTORS® Participant
THDA help for Tennessee buyers · As of 10-28-2026
How a THDA loan works, step by step
From your first question to the keys, in seven steps. The order is the same for most buyers; the dates are set by your lender and THDA.
From a first question to the keys: the quiz, the class, a THDA-approved lender, an offer, closing.
In a picture
Seven steps, in order. Your lender and THDA set the dates, not this page.
The steps in order. The same list is in the table below.Show the same facts as a list
Step
What happens
1. Start with a question
Ask what you want to know about buying. A question is a fine place to begin, and nobody needs an account for it.
2. Take the short quiz
A few taps show which THDA routes may fit and which may not. It is education, not a decision.
3. Take the homebuyer class
Some THDA help asks for a THDA-approved homebuyer course first. Ask your lender when the certificate is due.
4. Pick a THDA-approved lender
Only a THDA-approved lender can tell you where you stand. THDA lists them on its own site, and we do not rank them.
5. Ask for a pre-approval
The lender looks at your whole file and tells you what you may be able to borrow. Nothing on AskResi is a pre-approval.
6. Make an offer on a home
With your lender's letter in hand, a real estate agent can help you write an offer on a home that fits the program.
7. Close and get the keys
At closing you sign the loan papers, pay the cash to close, and the keys are yours. Your lender walks you through what to bring.
What this rests on
Each line below was read at thda.org on the date shown.
Great Choice Plus and Homeownership Heroes need a THDA-approved homebuyer course. As of 10-28-2026.
What this page holds back
Any figure marked "As of" was checked at thda.org on that day. The price limit, the county income limits and other amounts are not printed here until a person has checked them. They change, and they depend on your county and household.
