Now is the time to buy that new home!
100% Financing Home Purchase Program
TERMS & STRUCTURE
- Financing is available for up to 100% of the contract sales price with a maximum loan amount of $400,000.
- The home financed is limited to one primary residence and must be located in a county or an adjacent county with a BankTennessee branch location.
- The borrower pays normal closing costs, and escrow of taxes and insurance are included in the monthly payment.
- No private mortgage insurance (PMI) is required.
- Auto-draft of the monthly loan amount from a BankTennessee checking account is required.
- Approval of this home financing program is subject to the bank’s credit and underwriting guidelines.*
* For more information and terms and conditions, please contact:
Downtown Memphis manager
Legal Market Specialist