First Horizon Bank in Tennessee vs the state
29.4%Denial rate+12.25 pts vs state
31.9%Decision denial rate+10.17 pts vs state
60.3%Origination rate+2.21 pts vs state
7.25%Median rate+0.63 pts vs state
0.05Rate spread (pts)-0.18 pts vs state
$108kMedian applicant income
2,513Loans originated
1,225Denied
Trend in Tennessee
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 5,878 | 3,555 | 31.2% | 4.99% | #5 |
| 2024 | 3,937 | 2,388 | 28.6% | 7.78% | #15 |
| 2025 | 4,168 | 2,513 | 29.4% | 7.25% | #12 |
What First Horizon Bank lends in Tennessee
By loan purpose
By loan type
Why it denied Tennessee applicants
Where in Tennessee
Counties with the most First Horizon Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Shelby County | 865 | 463 | 314 | 36.3% |
| Knox County | 512 | 336 | 115 | 22.5% |
| Davidson County | 430 | 278 | 100 | 23.3% |
| Hamilton County | 305 | 195 | 85 | 27.9% |
| Williamson County | 261 | 177 | 66 | 25.3% |
| Rutherford County | 151 | 94 | 47 | 31.1% |
| Sumner County | 151 | 99 | 40 | 26.5% |
| Washington County | 147 | 90 | 40 | 27.2% |
| Blount County | 131 | 97 | 22 | 16.8% |
| Sullivan County | 129 | 76 | 41 | 31.8% |
Other large lenders in Tennessee
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 16,503 | 17.3% | 6.50% |
| United Shore Financial Services | B | 12,458 | 10.9% | 6.12% |
| Regions Bank | C | 11,247 | 36.5% | 4.99% |
| Vanderbilt Mortgage and Finance | F | 9,649 | 35.8% | 8.75% |
| Mortgage Research Center | C | 6,568 | 17.3% | 6.25% |
| FirstBank | C | 5,677 | 14.5% | 6.88% |
| CMG Mortgage | A | 5,643 | 2.9% | 6.50% |
| Freedom Mortgage | B | 5,493 | 8.0% | 6.25% |
| Pennymac Loan Services | C | 5,331 | 11.2% | 6.00% |
| Mortgage Investors Group | B | 4,454 | 3.5% | 6.50% |
Frequently asked questions
Tennessee: 4,168 applications in 2025, of which 2,513 were originated and 1,225 denied.
29.4% of all applications, or 31.9% of the applications it actually decided on. The Tennessee statewide average across all lenders was 17.1%.
The median rate on loans First Horizon Bank originated in Tennessee in 2025 was 7.25%, against a statewide median of 6.62%.
About this data. Figures are First Horizon Bank's own HMDA filing for properties located in Tennessee, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology