Mortgage rates remain at record lows, keeping the interest of home buyers high. Now, with the introduction of streamlined loan products, qualified buyers can avoid the frustrations of gathering all the paperwork and information often necessary for a mortgage loan. Instead, all that's needed are three items:

-- Employer's contact information

-- Permission to request a credit report

-- Permission to obtain a copy of the applicant's income tax

return These simplified loans are marketed by First Horizon Home Loans under the name Super Simple. Applying for the Super Simple home loan can be done at any First Horizon office. Fixed and adjustable rate loans of up to $322,700 are available through the program.

To introduce the new program, First Horizon is offering free home appraisals on Super Simple loans that close before Sept. 30, 2003(a).

"We're always looking for ways to make the mortgage process faster and less stressful for our customers. Super Simple is the fastest and easiest way to get a home loan," said Jerry Baker, president and CEO of First Horizon Home Loans.

About First Horizon Home Loans Headquartered in Irving, Texas, First Horizon Home Loans ranks among the nation's largest full-service mortgage banking companies in both retail origination and mortgage servicing. With its commitment to superior customer service and competitive products, the company is ranked 16th in servicing with more than $55 billion in its portfolio and 14th in originations with $34.41 billion(b) The First Horizon family of lending companies includes First Horizon Home Loans, First Horizon Wholesale, First Tennessee Home Loans, First Horizon Lending Center and First Horizon Equity Lending.

First Horizon Home Loans' parent company is First Tennessee National Corp. (NYSE: FTN). Other FTN companies provide financial services to individual and business customers through First Tennessee Bank, which has earned one of the highest customer retention rates of any bank in the country; FTN Financial, one of the nation's top underwriters of U.S. government agency securities; and First Horizon Merchant Services, one of the most successful processors of credit card payments for the travel industry. More than 10,000 FTN employees provide financial services through hundreds of offices located in more than 30 states. FTN companies have been recognized as some of the nation's best employers by Working Mother, Business Week and Fortune magazines. The company also was named one of the nation's 100 best corporate citizens by Business Ethics magazine. More information can be found at www.FirstTennessee.com.

(a) This offer expires Sept. 30, 2003, and does not apply to loans being refinanced. Offer applies to appraisals ordered from Total Mortgage Solutions and funded under the Super Simple program only. Total Mortgage Solutions is a company in which First Horizon has a financial interest. To qualify for reduced paperwork, applicants must meet certain credit score, loan-to-value and debt-to-income requirements. Customers not meeting those requirements will be processed under the standard underwriting guidelines. Approval is subject to validation of information. All loans subject to credit approval.