First time home buyers? What a deal!

Hello all,

So recently I have been graced with slew of first time home buyers. Ahh, first timers. Nothing like them. Very attentive and careful with great hopes and dreams of what homeownership can be. I love it! It’s a big step, but it’s also a great financial decision. Most people love the hunt and ultimately moving in….

Lately, I am feeling jealous! Since when did rates get so low and deals so good? Government deals?!? That’s what I said… there are many, but I think the best thing going right now in Tennessee is THDA home loan programs. These are for first time home buyers only. (Fact: If you haven’t owned a home in the last 3 years, you are considered a first time home buyer all over again. Even if you owned before.)

One of my friends is buying her first home with a target purchase price around $110,000. With a THDA loan, her payment is about $750 a month! That is crazy cheap!! This is even including tax and insurance! Man, I bought my house 3 years ago and never thought rates would get this low!

Rates for THDA loans are as low as 5.45% today! This varies depending on your credit score (which if above 660, you can get 100 financing) and down payment information.

Want to ask an expert?

If you have been pondering about buying a home, let me say this. “It is an exceptionally great time to buy a home. Rates will not remain this low for long. Trust me, it doesn’t get much better than this.” (Fact: About a decade ago rates where, on average 9%).

Want to run some numbers? Let me know. I have the best mortgage guy in the business. We are here to help! Check out his website.

Happy Hunting,


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