What can we help you with?

Skip Navigation LinksColonial-Homebuyer-Assistance-Program-Nashville

​Ready to talk?  aPPLY nOW

 Colonial's Homebuyer Assistance Program

Skip Navigation LinksGo Colonial > Colonial's Homebuyer Assistance Program

Since 1952, Colonial has helped potential homebuyers achieve their dream of home ownership. We take great pride in offering a variety of loan programs that fit the needs of all our customers. Colonial is excited to offer a Down Payment and Closing Cost Assistance Program for first-time homebuyers with low, moderate or middle income.

Many people still believe that to be eligible to purchase a home you must put 20 percent toward your down payment. That's just not true. Colonial's Homebuyer Assistance Program can help potential homebuyers who qualify by providing grants that assist with down payment or closing costs. 

At A Glance:

  • Eligible first-time borrowers in Texas, Tennessee and Colorado can receive up to $5,000 in down payment or closing cost assistance
  • Funds are a grant and do not have to be repaid
  • Owner occupied primary residences only (no rentals or investment properties)
  • Refinance loans are not eligible
  • Available to low, moderate or middle income buyers as defined by state/county and family size. Your loan officer can help determine your eligibility
  • All applicants must complete homebuyer education

How do I know if I qualify?

Colonial participates in a variety of assistance and grant programs. Please contact your Loan Officer to find out more information.

Ready to Apply?

 

Rodney Terry, Branch Manager

NMLS 185299

615-828-2309

Nashville@GoColonial.com

Apply Now

 

 

​Get started today.

aPPLy Now

© Copyright 1997-2017 Colonial Savings, F.A. All Rights Reserved. Bank and mortgage rates and terms subject to change without notice. This is not an offer to extend consumer credit as defined by Section 1026.6 of Regulation Z. Insurance products issued by Colonial Life Insurance Co. of Texas and DuBose and Associates Insurance are not insured by the Federal Deposit Insurance Corporation. Insurance products are not issued, guaranteed or underwritten by Colonial Savings, Colonial National Mortgage or the FDIC. Insurance products may involve investment risk, if appropriate, including potential loss of principal.

Privacy Policy Equal Housing Lender FDIC
NMLS 401285