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

No, First Horizon Home Loans cannot be used for investment properties. The loans provided by First Horizon are specifically designed for purchasing or refinancing primary residences. Investment properties, such as rental homes or properties bought with the intention of resale, require different types of loans, such as investment property loans or commercial mortgages. These types of loans typically have different terms, interest rates, and eligibility criteria, as they involve different levels of risk and potential return on investment. If you are interested in financing an investment property, it is advisable to consult with a financial advisor or contact First Horizon for guidance on the most suitable loan options available for your specific needs.