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    sd1025's Avatar
    sd1025 Posts: 98, Reputation: 11
    Junior Member
    		  
    #1

    Aug 1, 2008, 07:53 PM
    Home loan?
    Does anybody know if first horizon homeloans is a good company or what? I want to buy a house but I'm nervous about the loan process and I have no downpayment
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #2

    Aug 1, 2008, 09:24 PM
    With so many of the new laws, finding a 100 percent loan is going to be almost impossible any longer.
    sd1025's Avatar
    sd1025 Posts: 98, Reputation: 11
    Junior Member
    		  
    #3

    Aug 3, 2008, 01:11 AM
    I realize that. Wich is why I was asking about first horizon home loans legitamicy as they claim to have low interest no downpayment loans
    rockinmommy's Avatar
    rockinmommy Posts: 1,123, Reputation: 82
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    #4

    Aug 4, 2008, 09:21 AM
    Quote Originally Posted by sd1025
    i realize that. wich is why i was asking about first horizon home loans legitamicy as they claim to have low interest no downpayment loans
    I have not used them recently, but I have done business with them in the past with no problems. I guess it's a good sign that they're still in business. I guess it was about 10 years ago that we used them.

    In current times it does sound like a lofty promise, though. I'm sure I don't have to tell you that you'd be better off waiting until you can save up at least a small down payment. You don't want to join the thousands of people going into foreclosure.
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