First Horizon Bank in North Carolina vs the state
28.9%Denial rate+10.88 pts vs state
31.5%Decision denial rate+8.69 pts vs state
59.8%Origination rate+1.98 pts vs state
7.25%Median rate+0.75 pts vs state
0.22Rate spread (pts)+0.13 pts vs state
$100kMedian applicant income
690Loans originated
334Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,860 | 1,013 | 35.9% | 4.99% | #48 |
| 2024 | 1,112 | 652 | 30.3% | 7.92% | #74 |
| 2025 | 1,154 | 690 | 28.9% | 7.25% | #78 |
What First Horizon Bank lends in North Carolina
By loan purpose
By loan type
Why it denied North Carolina applicants
Where in North Carolina
Counties with the most First Horizon Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Forsyth County | 112 | 73 | 29 | 25.9% |
| Mecklenburg County | 101 | 63 | 17 | 16.8% |
| Durham County | 76 | 48 | 24 | 31.6% |
| Wake County | 72 | 46 | 19 | 26.4% |
| Caldwell County | 60 | 29 | 23 | 38.3% |
| Catawba County | 47 | 33 | 9 | 19.1% |
| Guilford County | 46 | 31 | 9 | 19.6% |
| Alamance County | 40 | 18 | 15 | 37.5% |
| Gaston County | 39 | 18 | 19 | 48.7% |
| Buncombe County | 39 | 21 | 11 | 28.2% |
Other large lenders in North Carolina
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| State Employees' | C | 47,893 | 25.2% | 6.25% |
| Rocket Mortgage | C | 25,109 | 16.0% | 6.63% |
| United Shore Financial Services | B | 18,884 | 11.4% | 6.13% |
| Vanderbilt Mortgage and Finance | F | 15,008 | 38.0% | 7.75% |
| Truist Bank | C | 14,364 | 30.3% | 6.50% |
| Movement Mortgage | A | 11,091 | 2.6% | 6.63% |
| Navy Federal Credit Union | D | 10,565 | 19.4% | 7.13% |
| First-Citizens Bank & Trust | B | 10,319 | 19.6% | 6.38% |
| Bank of America | F | 10,276 | 28.2% | 6.24% |
| Mortgage Research Center | C | 10,029 | 17.7% | 6.25% |
Frequently asked questions
North Carolina: 1,154 applications in 2025, of which 690 were originated and 334 denied.
28.9% of all applications, or 31.5% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans First Horizon Bank originated in North Carolina in 2025 was 7.25%, against a statewide median of 6.50%.
About this data. Figures are First Horizon Bank's own HMDA filing for properties located in North Carolina, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology