THDA is a program designed to help home buyers get into a home with little or no money down. It is an excellent program that many of my first time home buyers use. They have just increased the purchase price limits in Knox County up to $240,000 which is great. This is the announment from THDA is below
“THDA is pleased to announce that effective Thursday, December 1, 2011 the Acquisition Cost Limits will increase for all Tennessee counties. These changes in Acquisition Cost Limits for each county are reflected on the revised page 9 of the Originating Agents Guide
All THDA loan applications received on or after December 1, 2011 will be considered in accordance with these new limits.”
Check out all the changes here
If you are interested in buying a home using the THDA please feel to call me at 865-696-9002 or email me [email protected].