First Horizon Bank · Georgia · 2025

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

First Horizon Bank took 618 mortgage applications in Georgia in 2025, ranking #135 of 1,201 lenders active in the state. It originated 68.9% of them and denied 13.8% (16.1% of the applications it decided), against a statewide denial rate of 19.2%.

618Applicationsin GA
16.1%Decision denial ratestate 25.1%
6.63%Median ratestate 6.63%
$385,000Median loanstate $235,000
$236MVolume53 counties

First Horizon Bank in Georgia vs the state

13.8%Denial rate-5.47 pts vs state
16.1%Decision denial rate-8.94 pts vs state
68.9%Origination rate+14.84 pts vs state
6.63%Median rate0.00 pts vs state
0.14Rate spread (pts)-0.13 pts vs state
$208kMedian applicant income
426Loans originated
85Denied

Trend in Georgia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202380053817.6%5.81%#94
202465744212.9%6.88%#121
202561842613.8%6.63%#135

What First Horizon Bank lends in Georgia

By loan purpose

Home purchase 353 57% · 4.0% denied
Refinance 76 12% · 21.1% denied
Cash-out refinance 20 3% · 5.0% denied
Home improvement 120 19% · 34.2% denied
Other / HELOC 49 8% · 26.5% denied

By loan type

Conventional 601 97% · 14.0% denied
FHA 11 2% · 0.0% denied
VA 6 1% · 16.7% denied

Why it denied Georgia applicants

Debt-to-income ratio 40 47%
Collateral 24 28%
Credit history 13 15%
Unverifiable information 4 5%
Other 3 4%
Employment history 1 1%

Where in Georgia

Counties with the most First Horizon Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Fulton County 18012924 13.3%
DeKalb County 99675 5.1%
Cobb County 93668 8.6%
Gwinnett County 50349 18.0%
Forsyth County 26203 11.5%
Catoosa County 25129 36.0%
Cherokee County 20143 15.0%
Lumpkin County 1264 33.3%
Hall County 1091 10.0%
Walker County 963 33.3%

Other large lenders in Georgia

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 29,84518.2%6.63%
United Shore Financial ServicesB 23,78412.6%6.25%
Navy Federal Credit UnionD 12,38826.4%7.95%
Truist BankC 10,56338.7%6.49%
Pennymac Loan ServicesC 10,27311.6%6.49%
Broker SolutionsD 9,7098.6%6.63%
Mortgage Research CenterC 9,44319.8%6.25%
Freedom MortgageB 9,2939.1%6.25%
Bank of AmericaF 9,16836.5%6.24%
Ameris BankB 8,06510.1%6.50%

Frequently asked questions

Georgia: 618 applications in 2025, of which 426 were originated and 85 denied.

13.8% of all applications, or 16.1% of the applications it actually decided on. The Georgia statewide average across all lenders was 19.2%.

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

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