First Horizon Bank
Loan Program Details:
Up to 100% financing available for loan amounts up to $1.5 million.
5% down payment required for loan amounts up to $2 million.
10% down payment required for loan amounts up to $2.5 million.
No Private Mortgage Insurance (PMI) required.
Minimum credit score: 670 with out rate increases.
No restrictions on time out of Residency/Fellowship which other lender have
Loan can close up to 6 months before the start date, provided there is a signed employment agreement.
Eligibility Requirements:
Applicants must be active Medical Doctors (MD, DO), Dental Surgeons specializing in oral surgery (OMS), or Doctors of Podiatric Medicine (DPM) with a license to practice in the U.S.
Borrowers in residency or fellowship are also eligible, provided they submit evidence of employment.
Eligible States: AL, AR, GA, FL, LA, MS, NC, SC, TN, TX, VA
Subject Property must be within 100 miles of a First Horizon Bank Branch.
AL
AZ
FL
GA
LA
MO
NC
SC
TN
TX
VA

