First Horizon Bank mortgage approval rate & lending review
First Horizon Bank decided 28,709 mortgage applications and funded 20,998 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions First Horizon Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
First Horizon Bank at a glance
Approval is 1.7 points below the 77.1% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 91% | 11,293 / 12,344 | 99% | $445K | 11,195 |
| Home improvement loans | 57% | 4,860 / 8,589 | 93% | $105K | 4,539 |
| Cash-out refinance | 69% | 471 / 681 | 99% | $225K | 465 |
| Refinance | 70% | 4,071 / 5,810 | 95% | $195K | 3,851 |
| Investment property purchase | 88% | 746 / 845 | 100% | $275K | 743 |
| Investment cash-out refinance | 64% | 63 / 99 | 95% | $195K | 60 |
| Investment refinance | 55% | 93 / 170 | 94% | $185K | 87 |
| Investment home improvement | 37% | 64 / 171 | 91% | $155K | 58 |
First Horizon Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Tennessee | 70% | $175K | 9,346 | 6,260 |
| Florida | 73% | $675K | 4,459 | 3,137 |
| Louisiana | 76% | $305K | 3,825 | 2,821 |
| Texas | 88% | $585K | 2,776 | 2,414 |
| North Carolina | 67% | $135K | 2,350 | 1,496 |
| Arkansas | 82% | $225K | 1,751 | 1,406 |
| Georgia | 86% | $615K | 1,327 | 1,119 |
| Alabama | 83% | $355K | 1,066 | 866 |
| Mississippi | 81% | $295K | 481 | 381 |
| South Carolina | 80% | $465K | 469 | 362 |
| Missouri | 91% | $295K | 280 | 254 |
| New York | 80% | $1.22M | 167 | 130 |
| Virginia | 90% | $795K | 82 | 72 |
| New Jersey | 85% | $1.04M | 53 | 45 |
| California | 79% | $925K | 33 | 25 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where First Horizon Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Shelby County, TN | Mortgage lenders | 93% | 703 | 645 |
| Dallas County, TX | Mortgage lenders | 97% | 649 | 626 |
| Orleans Parish, LA | Mortgage lenders | 93% | 577 | 532 |
| Shelby County, TN | Home improvement loans | 48% | 1,184 | 505 |
| Pulaski County, AR | Mortgage lenders | 91% | 521 | 470 |
| Davidson County, TN | Mortgage lenders | 92% | 479 | 440 |
| Knox County, TN | Mortgage lenders | 88% | 376 | 326 |
| Knox County, TN | Home improvement loans | 70% | 475 | 315 |
| Davidson County, TN | Home improvement loans | 58% | 545 | 297 |
| Jefferson Parish, LA | Mortgage lenders | 92% | 296 | 271 |
| Fulton County, GA | Mortgage lenders | 95% | 275 | 257 |
| Shelby County, TN | Refinance | 66% | 403 | 244 |
The county markets where First Horizon Bank made the most loans. Each link opens that market with every lender ranked.
Questions about First Horizon Bank
What is First Horizon Bank's mortgage approval rate?
First Horizon Bank approved 75.5% of the 28,709 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 1.7 points below the 77.1% national rate for the same mix of loan types.
How often do borrowers take the loan First Horizon Bank offers?
Borrowers accepted 97% of the loans First Horizon Bank approved, against 96% for all home purchase mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does First Horizon Bank make?
The typical home purchase mortgage loan First Horizon Bank made was $445K; across all loan types its typical loan ran from $105K to $445K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does First Horizon Bank lend?
First Horizon Bank decided applications in 43 of the states Fat Boy Data covers, most of them in Tennessee, Florida and Louisiana.
Can I apply to First Horizon Bank directly?
Yes. First Horizon Bank is a bank or credit union with 414 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show First Horizon Bank's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how First Horizon Bank treats applications, then get a rate quote from the lender.