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The document outlines the application process for the Great Choice Plus Loan Program offered by the Tennessee Housing Development Agency (THDA). It details the borrower's certification for a second mortgage to assist with down payment and closing costs, including loan amounts, interest rates, and terms. The lender also certifies details regarding the loan closing date and confirms that no cash will be provided to the borrower at closing.

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Click ‘Get Form’ to open the Great Choice Plus Loan Program Application for Assistance in the editor.
Begin by filling out the Borrower section. Enter your total loan amount, including any applicable fees, in the designated field.
Next, provide the total purchase price of your property in the corresponding field under the Purchase Contract section.
Indicate the amount you are requesting for the Great Choice Plus second mortgage, which should be 4% of the purchase price.
Review and confirm your understanding of the interest rate and terms for the second mortgage as stated in the form.
Complete the Lender section by entering your lender's name and scheduled loan closing date.
Finally, ensure all signatures and dates are filled out correctly before submitting your application.

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Versions	Form popularity	Fillable & printable
2016	4.8 Satisfied (75 Votes)
2015	4.4 Satisfied (165 Votes)

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Who qualifies for low-income housing in TN?

You must meet the low-income limits set by the state. For example, a household of four must not earn more than $45,850 annually to be eligible for low-income assistance in housing. To apply for Section 8 you must be at least 18 years old, or have someone over 18 in your household who can apply for the services.

How to get rental assistance in Tennessee?

To apply, contact or visit the management office of each apartment building that interests you. Public Housing and Housing Choice Vouchers (Section 8) - To apply for either type of help, visit your local Public Housing Agency (PHA). Some PHAs have long waiting lists, so you may want to apply at more than one PHA.

How does a person apply for HUD?

HOW DO I APPLY? If you are interested in applying for public housing, contact your local HA. If you have trouble contacting the HA, contact the local HUD Field Office.

How do I get a housing voucher in Tennessee?

The only way to apply for a THDA voucher is through THDAs official website. All wait list openings and closings are posted on this website, THDAs social media and through advertisements in local newspapers. Also, telephone recordings for each office give waiting list information.

How do I request a payoff from the Tennessee housing Development Agency?

To request an HHF Payoff Statement, email HHFReqs@thda.org.

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How fast can I get a housing voucher?

Once an application is submitted, it can take anywhere from a few weeks to months to get approved. It depends on your region, the funds available, and how many people are unable to find housing resulting in their voucher being placed back in the pool.