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First Horizon Bank
Bank|Memphis, TN|National
Loans Originated
4,462
Applications
6,204
Volume
$2 billion
Offers loans directly to consumers
Overall Pricing
Sound
Overall Pull Through
Strong
Safe Rate Awards⭐Conventional Superstar⭐FHA Superstar⭐VA Superstar⭐Purchase Superstar⭐Refinance Superstar
Pricing and Pullthrough Overview
Average Rate Spread
+0.130%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$1,607
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
71.9%
Percentage of applications that result in closed loans
Safe Rate's Summary
What They Do Well
- Strong pull through performance
- Particularly strong in Conventional and FHA and VA and Jumbo and USDA loans
- Nationwide availability with consistent service
Report Card
First Horizon Bank performance at a glance
| Category | Rating | Grade | Details |
|---|---|---|---|
Pricing Rate competitiveness | Sound | Industry Standard | |
Pull Through Closing Strength | Strong | Highly Competitive | |
Products Loan Type Specialists | Specialization score by loan product | ||
Conventional | Exceptional | Market Leader | |
FHA | Strong | Highly Competitive | |
VA | Strong | Highly Competitive | |
Jumbo | Exceptional | Market Leader | |
USDA | Strong | Highly Competitive | |
Purpose Reason specialization | Specialization score by loan purpose | ||
Purchase | Exceptional | Market Leader | |
Refinance | Strong | Highly Competitive | |
Places Geographic coverage | Strong | National · 50 metro areas · 40 states |
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)
Typical Borrower Profile
Average Loan Amount
$535,101
Average Borrower Income
$264,324
Average Property Value
$667,352
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | Strong | Exceptional | Sound | Strong | 3,174 | 71.1% | +0.141% | $1,787 |
FHA Loans | Strong | Strong | Strong | Strong | 197 | 4.4% | +0.450% | $2,216 |
VA Loans | Strong | Strong | Exceptional | Strong | 179 | 4.0% | -0.437% | $853 |
Jumbo Loans | Sound | Exceptional | Acceptable | Strong | 882 | 19.8% | +0.118% | $954 |
USDA Loans | Strong | Strong | N/A | Strong | 30 | 0.7% | +0.163% | $1,430 |
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | Strong | Exceptional | Sound | Strong | 4,000 | 89.6% | +0.129% | $1,650 |
Refinance | Strong | Strong | Sound | Strong | 462 | 10.4% | +0.141% | $1,229 |
Geographic Coverage
Metro Areas
49
States Served
40
We count Washington DC as a state
Avg Place Specialization
Sound
States with Loan Originations
ALARAZCACOCTFLGAIAILINKSKYLAMAMDMIMNMOMSMTNCNENJNMNVNYOHOKORPARISCTNTXUTVAWAWIWV
Top Metro Areas by Place Specialization Score
1
New Orleans, LAMSA
Volume: 253Mix: 5.67%
Place Specialization
Exceptional
2
Little Rock, ARMSA
Volume: 203Mix: 4.55%
Place Specialization
Exceptional
3
Nashville, TNMSA
Volume: 346Mix: 7.75%
Place Specialization
Exceptional
4
Memphis, TNMSA
Volume: 241Mix: 5.40%
Place Specialization
Strong
5
Lafayette, LA, LAMSA
Volume: 104Mix: 2.33%
Place Specialization
Strong
6
Dallas, TXMSA
Volume: 290Mix: 6.50%
Place Specialization
Strong
7
Jonesboro, AR, ARMSA
Volume: 38Mix: 0.85%
Place Specialization
Strong
8
Lake Charles, LA, LAMSA
Volume: 48Mix: 1.08%
Place Specialization
Strong
9
Atlanta, GAMSA
Volume: 210Mix: 4.71%
Place Specialization
Strong
10
Fayetteville, ARMSA
Volume: 122Mix: 2.73%
Place Specialization
Strong
Showing 10 of 49 metro areas
Top States by Place Specialization Score
1
TNState
Volume: 891Mix: 19.97%
Place Specialization
Exceptional
2
LAState
Volume: 622Mix: 13.94%
Place Specialization
Exceptional
3
ARState
Volume: 434Mix: 9.73%
Place Specialization
Strong
4
FLState
Volume: 685Mix: 15.35%
Place Specialization
Strong
5
TXState
Volume: 592Mix: 13.27%
Place Specialization
Strong
6
ALState
Volume: 213Mix: 4.77%
Place Specialization
Strong
7
GAState
Volume: 303Mix: 6.79%
Place Specialization
Strong
8
NCState
Volume: 263Mix: 5.89%
Place Specialization
Strong
9
MSState
Volume: 114Mix: 2.55%
Place Specialization
Strong
10
SCState
Volume: 97Mix: 2.17%
Place Specialization
Strong
Showing 10 of 12 states
How We Rank Lenders
Our rankings use geometric mean scoring across equally-weighted categories. This rewards lenders who perform consistently well across all metrics, not just excel in one area.
Our Point System (Max 30 Points)
10
Pricing
Rate and fee competitiveness (33%)
10
Pull Through
Reliability in closing loans (33%)
10
Product
Specialization in the loan type (33%)
💎
Champion(80%+ = 24-30 points)
⭐
Superstar(60-79% = 18-23 points)
Data Integrity & Updates
Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.
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