Homeownership for Heroes · Putnam County
First-time homebuyer help in Putnam County, Tennessee
Putnam County, about 87,000 residents, has Cookeville as its seat.
Buying a first home in Putnam County
Putnam County Schools serves Cookeville, Algood, Monterey and Baxter. Full-time K-12 teachers in the district qualify.
Cookeville Police, the Putnam County Sheriff's Office and Cookeville Fire are the main eligible employers.
USDA is one of the three Heroes loan types and can finance up to 100% of the price. Ask your lender whether a home in Monterey or Baxter is in a USDA-eligible area.
Putnam County income and price limits
| Income, 1–2 people | Income, 3+ people | Purchase price limit |
|---|---|---|
| $103,814 | $119,387 | $500,000 |
Putnam County's limit is $103,814 for 1-2 people and $119,387 for 3+. See the statewide limits or estimate what you can afford.
Other down payment help in Putnam County
We did not find a current Putnam County-specific program. Statewide options still apply: see every program in Tennessee.
Homebuyer education near Putnam County
HUD's counselor list shows no approved agency within 50 miles of Putnam County. Most programs accept a HUD-approved online homebuyer class, and your loan officer can point you to one your program accepts.
Who can use the program in Putnam County
Eligible local employers include:
- Putnam County Schools
- Cookeville Police Department
- Putnam County Sheriff's Office
- Cookeville Fire Department
Cookeville firefighters and Putnam deputies qualify under the first responder rules. See every eligible role.
Putnam County questions
What's the Cookeville income limit?
$103,814 (1-2) and $119,387 (3+).
Can I use a USDA loan?
Yes, Heroes works with USDA-RD loans if the home and you meet USDA rules.
Do Algood homes count?
Yes, all of Putnam County uses the same limit.
Other areas: Shelby County, Davidson County, Knox County, Hamilton County, Rutherford County, Williamson County, Montgomery County, Sumner County. All counties.
