# First Horizon Bank

> **Canonical URL:** https://saferate.com/lenders/first-horizon-bank


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


First Horizon Bank is a bank, headquartered in Memphis, TN, serving borrowers nationwide, with 4,462 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 51% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 32% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** COOWI3L2W9TPYR3WJX37
- **Headquarters:** Memphis, TN
- **Geographic Reach:** National
- **States Served:** 40
- **State List:** AL, AR, AZ, CA, CO, CT, FL, GA, IA, IL, IN, KS, KY, LA, MA, MD, MI, MN, MO, MS, MT, NC, NE, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, WA, WI, WV
- **Markets (MSAs):** 50
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Sound ☺️
- Score: 49/100
- Rating: ●●●○○ (3/5)

### Pull Through: Strong 😀
- Score: 68/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.130%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,607
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 4,462
- **Dollar Volume:** $2.4 billion
- **Applications Received:** 6,204
- **Market Share:** 13.00%

## Typical Borrower Profile

- **Average Loan Amount:** $535,101
- **Average Borrower Income:** $264,324
- **Average Property Value:** $667,352

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (70%)
- ⭐ **FHA Gold Superstar** (70%)
- ⭐ **VA Gold Superstar** (78%)
- ⭐ **Jumbo Gold Superstar** (62%)
- ⭐ **Purchase Gold Superstar** (70%)
- ⭐ **Refinance Gold Superstar** (63%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 81/100 | 3,174 | +0.141% | $1,787 | Exceptional 🤩 |
| FHA | 72/100 | 197 | +0.450% | $2,216 | Strong 😀 |
| VA | 75/100 | 179 | -0.437% | $853 | Strong 😀 |
| Jumbo | 92/100 | 882 | +0.118% | $954 | Exceptional 🤩 |
| USDA | 77/100 | 30 | +0.163% | $1,430 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 2,793 loans, Score: 81/100 (Exceptional)
- Refinance: 381 loans, Score: 77/100 (Strong)

**FHA:**
- Purchase: 190 loans, Score: 72/100 (Strong)

**VA:**
- Purchase: 161 loans, Score: 75/100 (Strong)

**Jumbo:**
- Purchase: 826 loans, Score: 93/100 (Exceptional)
- Refinance: 56 loans, Score: 83/100 (Exceptional)

**USDA:**
- Purchase: 30 loans, Score: 77/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 81/100 | 4,000 | $2.2B | +0.129% | Exceptional 🤩 |
| Refinance | 77/100 | 462 | $189M | +0.141% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| TN | 891 | 0.98% | 85/100 |
| FL | 685 | 0.23% | 73/100 |
| LA | 622 | 1.79% | 82/100 |
| TX | 592 | 0.17% | 72/100 |
| AR | 434 | 1.35% | 79/100 |
| GA | 303 | 0.22% | 70/100 |
| NC | 263 | 0.18% | 66/100 |
| AL | 213 | 0.36% | 72/100 |
| MO | 124 | 0.17% | 60/100 |
| MS | 114 | 0.46% | 65/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 386 | 65/100 |
| Nashville | TN | 346 | 81/100 |
| Dallas | TX | 290 | 74/100 |
| New Orleans | LA | 253 | 88/100 |
| Memphis, TN |  | 241 | 78/100 |
| Atlanta | GA | 210 | 70/100 |
| Little Rock | AR | 203 | 84/100 |
| Houston | TX | 189 | 67/100 |
| Knoxville, TN | TN | 139 | 69/100 |
| Fayetteville | AR | 122 | 70/100 |
| St. Louis, MO | MO-IL | 119 | 66/100 |
| Tampa, FL | FL | 112 | 65/100 |
| Lafayette, LA | LA | 104 | 76/100 |
| Birmingham, AL | AL | 84 | 69/100 |
| Miami | FL | 83 | 62/100 |

## Where This Lender Ranks

First Horizon Bank appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in Lafayette, LA for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/lafayette-la/best-mortgage-lenders/banks/fha-loans)
- 🥇 **#1** in Lafayette, LA for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/lafayette-la/best-mortgage-lenders/banks/jumbo-loans)
- 🥇 **#1** in Johnson City, TN for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/johnson-city-tn/best-mortgage-lenders/banks/jumbo-loans)
- 🥈 **#2** in Tennessee for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/tennessee/best-mortgage-lenders/banks/va-loans)
- 🥈 **#2** in Louisiana for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/louisiana/best-mortgage-lenders/banks/va-loans)
- 🥈 **#2** in Nashville for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/nashville/best-mortgage-lenders/banks/fha-loans)
- 🥈 **#2** in Nashville for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/nashville/best-mortgage-lenders/banks/va-loans)
- 🥈 **#2** in New Orleans for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/new-orleans/best-mortgage-lenders/banks/fha-loans)
- 🥈 **#2** in Little Rock for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/little-rock/best-mortgage-lenders/banks/fha-loans)
- 🥈 **#2** in Tampa, FL for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/tampa-fl/best-mortgage-lenders/banks/va-loans)
- 🥈 **#2** in Lafayette, LA for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/lafayette-la/best-mortgage-lenders/banks/conventional-loans)
- 🥈 **#2** in Lafayette, LA for Jumbo Loans
  - [View Full Rankings](https://saferate.com/lafayette-la/best-mortgage-lenders/jumbo-loans)
- 🥈 **#2** in Baton Rouge, LA for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/baton-rouge-la/best-mortgage-lenders/banks/jumbo-loans)
- 🥈 **#2** in Jonesboro, AR for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/jonesboro-ar/best-mortgage-lenders/banks/conventional-loans)
- 🥈 **#2** in Johnson City, TN Banks
  - [View Full Rankings](https://saferate.com/johnson-city-tn/best-mortgage-lenders/banks)
- 🥈 **#2** in Johnson City, TN for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/johnson-city-tn/best-mortgage-lenders/banks/conventional-loans)
- 🥈 **#2** in Johnson City, TN for Jumbo Loans
  - [View Full Rankings](https://saferate.com/johnson-city-tn/best-mortgage-lenders/jumbo-loans)
- 🥈 **#2** in Morristown, TN for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/morristown-tn/best-mortgage-lenders/banks/conventional-loans)
- 🥉 **#3** in New Orleans for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/new-orleans/best-mortgage-lenders/banks/conventional-loans)
- 🥉 **#3** in Little Rock for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/little-rock/best-mortgage-lenders/banks/va-loans)

## Frequently Asked Questions

### What loan types does First Horizon Bank offer?

First Horizon Bank offers the following mortgage loan types: FHA, Conventional, VA, Jumbo, USDA. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does First Horizon Bank offer mortgages?

First Horizon Bank is a national lender offering mortgages in all 50 states plus Washington D.C.

### How competitive are First Horizon Bank's mortgage rates?

First Horizon Bank has a pricing score of 49/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.130% above market average.

### What type of lender is First Horizon Bank?

First Horizon Bank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Memphis, TN.

### What is First Horizon Bank's loan approval success rate?

First Horizon Bank has a pull-through score of 68/100 (Strong). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/first-horizon-bank

### How to Cite

> "First Horizon Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/first-horizon-bank

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