First Horizon Bank
First Horizon Bank: AL, AR, GA, FL, LA, MS, NC, SC, TN, TX, VA
DOCTOR PROGRAM FEATURES:
Medical Portfolio Product:
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.
- 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.
Jacob Egly (NMLS# 419032)
713-818-5908
jacob.egly@firsthorizon.com
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