The Housing Fund requires homebuyers to receive homebuyer education from a THDA approved counselor prior to the loan closing. Application for financing may be made at any time; however, the ideal time to attend homebuyer education classes is prior to looking for a home.
You may wish to begin the process by attending a free Front Door session with one of the twelve agencies below:
Organization Name
Address
Phone
15th Avenue Baptist CDC
930 Scovel Street Nashville, TN 37208
615-256-4329
Affordable Housing Resources, Inc.
1011 Cherry Avenue Nashville, TN 37203
615-251-0025
Citizens for Affordable Housing
Terrace 1, 295 Plus Park Blvd Ste 105 Nashville, TN 37203
615-361-9101
Conexion Americas
800 18th Avenue South, Suite A Nashville, TN 37203
615-320-5152 ext. 22
Dominion Financial Management, Inc.
PO Box 571 Antioch, TN 37011-0571
615-220-5858
GAP Community Development Resources
129 West Fowlkes Street, Ste 137 Franklin, TN 37064
615-591-4345
Life of Victory International Christian Ministries
283 Stones River Road Lavergne, TN
615-213-1468
New Level CDC
1112 Jefferson Street Nashville, TN 37208
615-627-0347
Residential Resources, Inc
604 Gallatin Road, Suite 103 Nashville, TN 37206
615-650-9779
Servus CDC
1101 Darbytown Dr., Suite C Nashville, TN 37207
615-865-9737
Woodbine Community Organization
222 Oriel Avenue Nashville, TN 37210
615-833-9580
You Can Make It Ministries
167 Stones River Road Lavergne, TN 37086
615-287-9341
Front Door
The Front Door is a free, one-on-one counseling session designed to help a client decide if they are ready to buy a home. It also provides a guide to clients for successful homeownership.
How long does the session take? A client should allow at least one hour although session lengths may vary.
When are the sessions available? Appointments are available as late as 6pm on weekdays and on Saturday mornings.
Where are the sessions held? Counseling centers are located throughout the Nashville MSA. The client should call THF for the center that is most convenient.
What is covered in the session? First, the counselor will help the client estimate how much they can afford to spend for the house and how much a mortgage company might approve. The counselor will review the information with the client and discuss the steps to take to purchase the most house for the least money. Finally, the counselor will provide information on several programs to help a client learn how to buy a home, budget, handle credit issues, select a home, and apply for a mortgage. There is also information on various financial assistance programs.
What if a client already has a house picked out and just needs to arrange financing? The counselor will meet with the client to review the proposed loan. All information is kept confidential.
In addition to the Front Door Session, additional education hours are required to qualify for our program. This requirement is met by signing up and attending Homebuyer Education Classes offered by THDA approved counselors throughout the Nashville MSA. If you attended a Front Door session, you would typically stay with that counselor for Homebuyer Education. Upon completion of the classes you will be issued a formal certificate, which successfully meets our education requirement and is good for one year from the date of issuance.
Homebuyer Education Classes contain the following information:
What an individual needs to become a homeowner
- Budgeting - The home buying process - Key Players and their roles
HomeQuality
- Home Inspections
- The purpose of an appraisal
What an individual needs to know to be a successful homeowner
- Debt management
- Home Maintenance
What homeowners need to know if they have trouble making payments
