Affordable Housing Program
Contact us to see if you qualify.
You’ve got big dreams. And one of them is a new home to call your own. At First Horizon Bank, we want to help you make your dream come true by working with you to find a mortgage that makes sense for you. That’s the focus of our Affordable Housing program*. Fill out the form to start the conversation.
Benefits include:
- Low down payment
- Long term, fixed rate loan with low monthly payments
- No private mortgage insurance (PMI) required
- $350,000 maximum loan amount
* Under certain circumstances current homeowners may be eligible for an affordable housing loan. Geographic restrictions apply.
Borrower must contribute a minimum of $500 at closing. Escrow account for taxes and insurance(s) and Home Buyer Education required. Offer is subject to credit approval based on credit history, income and property appraisal. Minimum credit scores, maximum debt to income ratios, income and property restrictions apply.
Subject to credit approval. Some restrictions apply.
First Horizon Bank. Member FDIC.
