Low Down Payment Programs
We offer a variety of loans designed to help qualified borrowers buy a home sooner rather than later, without the necessity of saving for a large down payment. Some of these programs include:
- Home on the HorizonSM: a family of flexible loan programs specifically designed to qualify home buyers with non-traditional credit history or who can't afford traditional down payments.
- FHA Loans: the Federal Housing Administration (FHA) insures loans so lenders can offer financing to homebuyers with limited down payment funds and/or credit challenges.
- VA Loans: if you're a military veteran, be sure to ask about Veteran's Administration (VA) loans. You may be able to buy a home with no down payment, and with a lower interest rate than ordinarily available.
Remember, your First Horizon Relationship Manager will be happy to tell you more about these loan programs.
All loans subject to approval. Certain restrictions may apply. First Horizon Home Loans is a division of First Tennessee Bank National Association. Member FDIC.
*Please consult your tax advisor
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