First Horizon Bank · Texas · 2025

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

First Horizon Bank took 1,317 mortgage applications in Texas in 2025, ranking #142 of 1,568 lenders active in the state. It originated 68.7% of them and denied 10.3% (13.0% of the applications it decided), against a statewide denial rate of 19.4%.

1.3kApplicationsin TX
13.0%Decision denial ratestate 24.9%
6.38%Median ratestate 6.50%
$485,000Median loanstate $245,000
$615MVolume66 counties

First Horizon Bank in Texas vs the state

10.3%Denial rate-9.10 pts vs state
13.0%Decision denial rate-11.91 pts vs state
68.7%Origination rate+13.84 pts vs state
6.38%Median rate-0.13 pts vs state
-0.04Rate spread (pts)-0.23 pts vs state
$232kMedian applicant income
905Loans originated
136Denied

Trend in Texas

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,42098512.0%5.88%#116
202497568410.8%6.75%#168
20251,31790510.3%6.38%#142

What First Horizon Bank lends in Texas

By loan purpose

Home purchase 1,002 76% · 5.8% denied
Refinance 155 12% · 14.2% denied
Cash-out refinance 30 2% · 20.0% denied
Home improvement 77 6% · 42.9% denied
Other / HELOC 53 4% · 32.1% denied

By loan type

Conventional 1,256 95% · 10.2% denied
FHA 39 3% · 12.8% denied
VA 21 2% · 9.5% denied
USDA / RHS 1 0% · 100.0% denied

Why it denied Texas applicants

Debt-to-income ratio 62 46%
Collateral 30 22%
Credit history 28 21%
Other 7 5%
Unverifiable information 7 5%
Insufficient cash 1 1%
Incomplete application 1 1%

Where in Texas

Counties with the most First Horizon Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Dallas County 41230820 4.9%
Harris County 39225159 15.1%
Collin County 84616 7.1%
Travis County 65425 7.7%
Tarrant County 62455 8.1%
Montgomery County 56349 16.1%
Denton County 53336 11.3%
Fort Bend County 49348 16.3%
Brazoria County 12102 16.7%
Galveston County 1282 16.7%

Other large lenders in Texas

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 56,49111.0%6.25%
Rocket MortgageC 45,65822.4%6.63%
21st MortgageF 37,96145.9%9.94%
Dhi Mortgage CompanyB 26,34813.5%4.50%
Lennar MortgageA 21,95920.5%4.50%
Bank of AmericaF 18,00843.0%6.24%
JPMorgan Chase BankB 16,2609.8%6.45%
CMG MortgageA 15,9783.9%6.50%
Vanderbilt Mortgage and FinanceF 15,68344.7%10.50%
Triad Financial ServicesD 15,15850.0%9.35%

Frequently asked questions

Texas: 1,317 applications in 2025, of which 905 were originated and 136 denied.

10.3% of all applications, or 13.0% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.

The median rate on loans First Horizon Bank originated in Texas in 2025 was 6.38%, against a statewide median of 6.50%.

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