Can I use a First Horizon Home Loan for investment properties?

First Horizon Home Loans offers various mortgage options, but the availability for investment properties may depend on specific criteria set by the lender. Generally, lenders do allow financing for investment properties, but the requirements can be different from those for primary residences. For investment properties, First Horizon may require a larger down payment, a higher credit score, and proof of income that demonstrates your ability to manage rental or investment expenses. Additionally, the interest rates might differ as well. It is essential to note that the details regarding financing for investment properties can vary based on market conditions and the specific loan program. Therefore, potential borrowers are encouraged to investigate the particular guidelines applicable to the type of loan they seek. For the most accurate and current information, it would be beneficial to check First Horizon's official website, where you can find comprehensive details related to investment property loans, or consider reaching out to a representative to discuss individual circumstances.