First Horizon National Corporation Foreclosure Process, Loan and Mortgage Modification Programs
Should you have any difficulties with your recent finances, you can always find a solution for it. You will always find that First Horizon National Corporation is willing to assist you in your loan modification concerns.
First Horizon National Corporation Foreclosure Assistance and Mortgage Modifications
Since 1864, First Horizon National Corporation has been providing their financial service to the public. They are now part of the top 30 banks holding companies in the US. Customers do recall this bank because of the dedication and the excellent customer service. First horizon bank is noted for the sub-prime mortgages that they offer to even the high risk borrowers. This is why they are open to offering a variety of loan modification programs for their borrowers.
First Horizon Bank mostly offers loan modification for those who are in default in mortgages. They understand that there are also others that need a loan modification program. This is why they have to adjust to this and offer a couple of loan modification programs to match your needs.
One thing that they will look at when you apply for a loan modification is the reason why you are applying in the first place. You should be able to justify your hardships that has lead to the inability to pay mortgages. The advantage of getting approved is that you are able to save your home. There is no need to worry about foreclosure and First Horizon bank will take care of it.
Be mindful that it always helps to have an experienced attorney to help you with the process of applying for a loan modification.
First Horizon National Corporation Loan Modification Qualifications:
- Should be experiencing hardships and late payments
- Will not give up primary residence but the rates will just be deducted that will benefit you
- Must be able to pay the adjusted loan modification by proof of stable income
- House must not be tagged for bankruptcy
Knowing If You Should apply For the First Horizon National Corporation Loan Modification:
- If you are currently lagging in your payments of mortgage
- You are already unable to settle payments for mortgage so you need to have your loan modification adjusted
If in trouble with your payments:
The approval of the loan modification is the best solution to this. You will be able to find a way to ensure payment of your mortgage. Since it is adjusted in a way that you can afford it, you will find it easy to pay. As long as you state clearly the reason why you are applying in your letter, you will not worry about the application at all.
Mismanaged debts are often left until they grow. There are times when your debts exceed the real value of your house. You should seriously consider the loan modification as it will ease up payment of debt to eventually settle it with your lender.
For information about products and services, call (800) 489-2111.
First Horizon National Corporation
Memphis, Tennessee 38103
First Horizon Home Loans
4000 Horizon Way
Irving, Texas 75063
First Tennessee Bank
Memphis, Tennessee 38103
845 Crossover Lane
Memphis, Tennessee 38117