Is there a penalty for prepaying my First Horizon Home Loan?

No, there is no penalty for prepaying your First Horizon Home Loan. First Horizon understands that circumstances can change, and we value our customers' ability to make additional payments or pay off their mortgage early without any consequences. By prepaying your home loan, you can save on interest costs and potentially reduce the overall term of your loan. We encourage our customers to take advantage of this opportunity to gain financial flexibility and achieve their homeownership goals faster. If you have any further questions or need assistance regarding prepayment options, our dedicated customer support team is available to help.