# FirstBank

> **Canonical URL:** https://saferate.com/lenders/firstbank-tn


> **📋 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


FirstBank is a bank, headquartered in Nashville, TN, serving borrowers across 32 states, with 3,468 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 50% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 20% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300OBO7DOF2KOP535
- **Headquarters:** Nashville, TN
- **Geographic Reach:** Near-National
- **States Served:** 32
- **State List:** AL, AR, AZ, CA, CO, FL, GA, IL, IN, KS, KY, LA, MI, MO, MS, NC, NE, NJ, NY, OH, OR, PA, RI, SC, TN, TX, UT, VA, WA, WI, WV, WY
- **Markets (MSAs):** 23
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Sound ☺️
- Score: 50/100
- Rating: ●●●○○ (3/5)

### Pull Through: Exceptional 🤩
- Score: 80/100
- Rating: ●●●●● (5/5)

### Pricing Details
- **Average Rate Spread:** +0.216%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $2,195
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 3,468
- **Dollar Volume:** $1.2 billion
- **Applications Received:** 4,590
- **Market Share:** 10.00%

## Typical Borrower Profile

- **Average Loan Amount:** $352,021
- **Average Borrower Income:** $140,506
- **Average Property Value:** $472,217

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (70%)
- ⭐ **FHA Gold Superstar** (70%)
- ⭐ **VA Gold Superstar** (77%)
- ⭐ **Jumbo Gold Superstar** (70%)
- ⭐ **USDA Gold Superstar** (62%)
- ⭐ **Purchase Gold Superstar** (70%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 83/100 | 2,379 | +0.208% | $2,169 | Exceptional 🤩 |
| FHA | 82/100 | 691 | +0.415% | $2,557 | Exceptional 🤩 |
| VA | 78/100 | 247 | -0.381% | $1,540 | Strong 😀 |
| Jumbo | 80/100 | 91 | +0.258% | $1,436 | Exceptional 🤩 |
| USDA | 82/100 | 60 | +0.226% | $2,792 | Exceptional 🤩 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 1,985 loans, Score: 84/100 (Exceptional)
- Refinance: 394 loans, Score: 74/100 (Strong)

**FHA:**
- Purchase: 633 loans, Score: 82/100 (Exceptional)
- Refinance: 58 loans, Score: 75/100 (Strong)

**VA:**
- Purchase: 216 loans, Score: 78/100 (Strong)
- Refinance: 31 loans, Score: 76/100 (Strong)

**Jumbo:**
- Purchase: 68 loans, Score: 79/100 (Strong)
- Refinance: 23 loans, Score: 79/100 (Strong)

**USDA:**
- Purchase: 60 loans, Score: 82/100 (Exceptional)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 84/100 | 2,962 | $1.0B | +0.212% | Exceptional 🤩 |
| Refinance | 73/100 | 506 | $185M | +0.241% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| TN | 1,926 | 2.11% | 95/100 |
| AL | 1,072 | 1.79% | 94/100 |
| GA | 292 | 0.21% | 70/100 |
| KY | 36 | 0.08% | 51/100 |
| FL | 35 | 0.01% | 42/100 |
| MS | 15 | 0.06% | 43/100 |
| NC | 11 | 0.01% | 35/100 |
| SC | 11 | 0.01% | 36/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Nashville | TN | 932 | 95/100 |
| Non |  | 581 | 72/100 |
| Huntsville, AL | AL | 386 | 95/100 |
| Chattanooga, TN | TN-GA | 351 | 95/100 |
| Birmingham, AL | AL | 346 | 92/100 |
| Daphne | AL | 126 | 78/100 |
| Dalton, GA | GA | 116 | 100/100 |
| Knoxville, TN | TN | 90 | 64/100 |
| Memphis, TN |  | 52 | 58/100 |
| Atlanta | GA | 51 | 54/100 |
| Jackson, TN | TN | 50 | 64/100 |
| Cleveland, TN | TN | 37 | 71/100 |
| Mobile, AL | AL | 31 | 59/100 |
| Morristown, TN | TN | 28 | 65/100 |
| Decatur, AL | AL | 27 | 62/100 |

## Where This Lender Ranks

FirstBank appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in Tennessee for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/tennessee/best-mortgage-lenders/banks/va-loans)
- 🥇 **#1** in Alabama for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/alabama/best-mortgage-lenders/banks/va-loans)
- 🥇 **#1** in Nashville for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/nashville/best-mortgage-lenders/banks/va-loans)
- 🥇 **#1** in Nashville for USDA Loans (Banks)
  - [View Full Rankings](https://saferate.com/nashville/best-mortgage-lenders/banks/usda-loans)
- 🥇 **#1** in Huntsville, AL Banks
  - [View Full Rankings](https://saferate.com/huntsville-al/best-mortgage-lenders/banks)
- 🥇 **#1** in Huntsville, AL for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/huntsville-al/best-mortgage-lenders/banks/conventional-loans)
- 🥇 **#1** in Huntsville, AL for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/huntsville-al/best-mortgage-lenders/banks/va-loans)
- 🥇 **#1** in Chattanooga, TN
  - [View Full Rankings](https://saferate.com/chattanooga-tn/best-mortgage-lenders)
- 🥇 **#1** in Chattanooga, TN Banks
  - [View Full Rankings](https://saferate.com/chattanooga-tn/best-mortgage-lenders/banks)
- 🥇 **#1** in Chattanooga, TN for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/chattanooga-tn/best-mortgage-lenders/banks/va-loans)
- 🥇 **#1** in Birmingham, AL Banks
  - [View Full Rankings](https://saferate.com/birmingham-al/best-mortgage-lenders/banks)
- 🥇 **#1** in Birmingham, AL for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/birmingham-al/best-mortgage-lenders/banks/va-loans)
- 🥇 **#1** in Dalton, GA
  - [View Full Rankings](https://saferate.com/dalton-ga/best-mortgage-lenders)
- 🥇 **#1** in Dalton, GA Banks
  - [View Full Rankings](https://saferate.com/dalton-ga/best-mortgage-lenders/banks)
- 🥇 **#1** in Dalton, GA for Conventional Loans
  - [View Full Rankings](https://saferate.com/dalton-ga/best-mortgage-lenders/conventional-loans)
- 🥇 **#1** in Dalton, GA for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/dalton-ga/best-mortgage-lenders/banks/conventional-loans)
- 🥇 **#1** in Dalton, GA for FHA Loans
  - [View Full Rankings](https://saferate.com/dalton-ga/best-mortgage-lenders/fha-loans)
- 🥇 **#1** in Dalton, GA for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/dalton-ga/best-mortgage-lenders/banks/fha-loans)
- 🥇 **#1** in Knoxville, TN for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/knoxville-tn/best-mortgage-lenders/banks/va-loans)
- 🥇 **#1** in Jackson, TN Banks
  - [View Full Rankings](https://saferate.com/jackson-tn/best-mortgage-lenders/banks)

## Frequently Asked Questions

### What loan types does FirstBank offer?

FirstBank 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 FirstBank offer mortgages?

FirstBank offers mortgages in 32 states: AL, AR, AZ, CA, CO, FL, GA, IL, IN, KS, KY, LA, MI, MO, MS, NC, NE, NJ, NY, OH, OR, PA, RI, SC, TN, TX, UT, VA, WA, WI, WV, WY.

### How competitive are FirstBank's mortgage rates?

FirstBank has a pricing score of 50/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.216% above market average.

### What type of lender is FirstBank?

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

### What is FirstBank's loan approval success rate?

FirstBank has a pull-through score of 80/100 (Exceptional). 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/firstbank-tn

### How to Cite

> "FirstBank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/firstbank-tn

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