THF offers several loan programs designed to meet the affordable housing needs of low and moderate income individuals including:
Home Ownership (NOW) loan which offer homebuyers a 2nd mortgage loan for the downpayment, closing and prepaid costs of homeownership
Our House Shared Equity loan which is a shared equity homeownership program that invests equity into your house equal to about 25% of the home's value
Energy Retrofit loans offered in conjunction with Nashville Energy Works to help homeowners make their homes more energy efficient
Development Loan Program which offers short term acquisition and rehab, construction loans and bridge financing to nonprofit and for profit developers for the development of affordable housing
Could you use a PAL ?
Announcing The PAL-A client’s new friend in homeownership
The PAL, or PMI Alternative Loan, is the newest product from The Housing Fund designed to help low to moderate income families in Middle TN avoid high PMI payments.
For more information click here
Home Improvement Loan Program
Loans to help homeowners repair and improve their homes so as to protect the value of the home and to enhance the safety, usefulness and health of the home.
For more information- Click Here
Provides loans to participants of the Nashville Energy Works program to complete energy retrofit upgrades that will reduce utility costs by at least 15%