The Tennessee Housing Development Agency just hit a “home run” in their newest program, “Homeownership for the Brave.” Those that are eligible will receive a ONE-HALF PERCENT permanent reduction in their fixed interest rate on their home purchase!
This program is valid for purchasing a home, preferably a new one! Here is a list of those that are eligble for this great program:
* All Veterans
* Active Duty Military
* Retired Military
* Active Duty Reservists – or Reservists who have served 180 days minimum active duty
* Personnel discharged under conditions other than dishonorable
* Spouse of Veteran, or Surviving Spouse of Veteran
There are certain income and purchase price restrictions, per existing THDA guidelines. Click here for more eligibility information: http://www.thda.org/singlefamily/dpchoices.html
This program is BRAND NEW and not even listed on THDA’s website yet. (www.thda.org) If you would like additional information, please do not hesitate to contact me anytime at 615.593.6340, or your favorite mortgage lender. If you don’t have a favorite lender, why not give Chris Meagher or David Prince at Ole South Financial a call at 615.898.7152. Remember, if you use Ole South Financial for your new home mortgage needs, ALL CLOSING COSTS ARE PAID on your new Ole South home.
And don’t forget that certain military personnel are still eligible to take advantage of the Home Buyer Tax Credits! This was discussed in a previous blog post here: https://nashvillehomesblog.com/2010/11/10/thank-you-sir/
We have new homes all over Middle Tennessee, including Clarksville! For detailed information on our neighborhoods and available homes, please visit our website, www.OleSouth.com. Even better, visit one of our model homes and see for yourself why “New Homes Are Better!”
Trey Lewis is a licensed Real Estate Broker in the State of Tennessee with Ole South Realty, 615.896.0019 direct 615.593.6340. Specializing in new home sales in the Greater Nashville area to include Nashville, Murfreesboro, Smyrna, and Spring Hill, Tennessee