First Horizon Bank · California · 2025

First Horizon Bank in California: approval rate, denial rate and rates (2025)

First Horizon Bank took 20 mortgage applications in California in 2025, ranking #640 of 1,147 lenders active in the state. It originated 60.0% of them and denied 10.0% (13.3% of the applications it decided), against a statewide denial rate of 17.4%.

20Applicationsin CA
13.3%Decision denial ratestate 22.4%
6.56%Median ratestate 6.63%
$1,150,000Median loanstate $385,000
$22MVolume4 counties

First Horizon Bank in California vs the state

10.0%Denial rate-7.42 pts vs state
13.3%Decision denial rate-9.07 pts vs state
60.0%Origination rate+3.80 pts vs state
6.56%Median rate-0.06 pts vs state
0.11Rate spread (pts)-0.17 pts vs state
$482kMedian applicant income
12Loans originated
2Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
202314535.7%6.13%#694
202415110.0%6.63%#669
2025201210.0%6.56%#640

What First Horizon Bank lends in California

By loan purpose

Home purchase 13 65% · 7.7% denied
Refinance 2 10% · 0.0% denied
Cash-out refinance 2 10% · 0.0% denied
Home improvement 2 10% · 50.0% denied
Other / HELOC 1 5% · 0.0% denied

By loan type

Conventional 20 100% · 10.0% denied

Why it denied California applicants

Debt-to-income ratio 2 100%

Where in California

Counties with the most First Horizon Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Los Angeles County 1082 20.0%
Orange County 420 0.0%
San Diego County 410 0.0%
Santa Barbara County 210 0.0%

Other large lenders in California

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 79,26112.6%6.49%
Rocket MortgageC 58,92517.6%6.75%
Bank of AmericaF 40,19030.8%5.99%
U.S. BankD 32,49331.6%6.50%
JPMorgan Chase BankB 22,0489.7%6.13%
Spring EqD 21,60150.8%8.88%
SchoolsfirstA 19,08610.0%6.25%
Pennymac Loan ServicesC 18,75413.5%6.50%
NewrezD 17,00019.3%6.63%
Loandepot.ComD 16,64518.7%6.63%

Frequently asked questions

California: 20 applications in 2025, of which 12 were originated and 2 denied.

10.0% of all applications, or 13.3% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans First Horizon Bank originated in California in 2025 was 6.56%, against a statewide median of 6.63%.

About this data. Figures are First Horizon Bank's own HMDA filing for properties located in California, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology