Tennessee First-Time Home Buyer | 2022 Programs and Grants
Tennessee First-Time Home Buyer | 2022 Programs and Grants
Abstract
The median sales price in Tennessee was $357,000 in May 2022. That reflected a rise of 23.1% year over year, which was significantly higher than national average (14.7% in May) Tennessee first-time home buyer programs offer home buyer education, special mortgage programs, and even down payment assistance. Your real estate agent or Realtor can help you identify down payment and closing cost assistance programs. We’ve also provided useful links to Tennessee home buying assistance. The DPA you choose will likely depend on how much you need to borrow. It may also depend on what you want to borrow and how long you plan to remain in your next home. If you decide, check out other down payment help programs that may cover your city or county. And pick the one that meets your needs best. For those on low-to-moderate incomes, don’t make a home in Nashville and Knoxville.