First Horizon Bank Mortgage Lending & HMDA Data, 2017

In 2017, First Horizon Bank of Memphis, TN reported 2,755 mortgage applications totaling $908.6 million, down 21% from 2016. The average application was for $329,802, and applicants reported an average income of $190,930. 58% of its applications resulted in an originated loan and 16% were denied. Its largest markets were Nashville-Davidson--Murfreesboro--Franklin, TN (906), Memphis, TN-MS-AR (376) and Knoxville, TN (306) (applications in parentheses).

Mortgage Company & Address First Horizon Bank
165 Madison Ave 5th Floor
Memphis, TN 38103
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  
Total Number of Mortgage Applications 2,755
Total Mortgage Loan Application Amount $908,607,000
Average Mortgage Loan Application Amount $329,802
Highest Mortgage Loan Application Amount $28,714,000
Average Applicant Income $190,930
Highest Applicant Income $5,875,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records First Horizon Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Mortgage Loan Application Totals for First Horizon Bank by County in 2017

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Davidson, Tennessee 391 $ 164,220,000 $ 420,000 $ 227,000
Shelby, Tennessee 299 $ 66,238,000 $ 221,531 $ 164,000
Hamilton, Tennessee 236 $ 73,724,000 $ 312,389 $ 193,000
Knox, Tennessee 223 $ 67,873,000 $ 304,363 $ 194,000
Williamson, Tennessee 220 $ 123,548,000 $ 561,581 $ 278,000
Rutherford, Tennessee 105 $ 21,213,000 $ 202,028 $ 94,000
Washington, Tennessee 104 $ 30,177,000 $ 290,163 $ 176,000
Sullivan, Tennessee 72 $ 15,957,000 $ 221,625 $ 166,000
Forsyth, North Carolina 67 $ 24,517,000 $ 365,925 $ 224,000
Sumner, Tennessee 60 $ 19,631,000 $ 327,183 $ 154,000
Wake, North Carolina 58 $ 17,043,000 $ 293,844 $ 113,000
Greene, Tennessee 54 $ 6,389,000 $ 118,314 $ 79,000
Wilson, Tennessee 52 $ 13,015,000 $ 250,288 $ 120,000
Maury, Tennessee 50 $ 18,148,000 $ 362,960 $ 118,000
DeSoto, Mississippi 45 $ 6,208,000 $ 137,955 $ 77,000
Blount, Tennessee 45 $ 12,870,000 $ 286,000 $ 133,000
Putnam, Tennessee 41 $ 7,897,000 $ 192,609 $ 112,000
Sevier, Tennessee 35 $ 6,141,000 $ 175,457 $ 81,000
Madison, Tennessee 30 $ 8,530,000 $ 284,333 $ 200,000
Bradley, Tennessee 28 $ 4,665,000 $ 166,607 $ 88,000
Lawrence, Tennessee 23 $ 2,791,000 $ 121,347 $ 86,000
Catoosa, Georgia 16 $ 2,620,000 $ 163,750 $ 86,000
Jefferson, Tennessee 16 $ 3,208,000 $ 200,500 $ 156,000
White, Tennessee 14 $ 1,295,000 $ 92,500 $ 43,000
Hamblen, Tennessee 13 $ 1,766,000 $ 135,846 $ 154,000
Roane, Tennessee 13 $ 1,477,000 $ 113,615 $ 74,000
Whitfield, Georgia 11 $ 3,816,000 $ 346,909 $ 241,000
Mecklenburg, North Carolina 11 $ 34,899,000 $ 3,172,636 $ 365,000
Loudon, Tennessee 11 $ 3,941,000 $ 358,272 $ 160,000
Richmond City, Virginia 10 $ 3,929,000 $ 392,900 $ 235,000
Durham, North Carolina 9 $ 2,915,000 $ 323,888 $ 330,000
Johnston, North Carolina 9 $ 1,146,000 $ 127,333 $ 60,000
Cheatham, Tennessee 9 $ 2,763,000 $ 307,000 $ 180,000
Fayette, Tennessee 9 $ 2,289,000 $ 254,333 $ 122,000
Marshall, Tennessee 9 $ 992,000 $ 110,222 $ 104,000
Walton, Florida 8 $ 13,567,000 $ 1,695,875 $ 1,279,000
Tate, Mississippi 8 $ 1,022,000 $ 127,750 $ 50,000
Carter, Tennessee 8 $ 1,245,000 $ 155,625 $ 92,000
Cleburne, Arkansas 7 $ 2,506,000 $ 358,000 $ 380,000
Los Angeles, California 7 $ 7,568,000 $ 1,081,142 $ 432,000
Cumberland, Tennessee 7 $ 2,243,000 $ 320,428 $ 241,000
Hawkins, Tennessee 7 $ 1,268,000 $ 181,142 $ 46,000
Robertson, Tennessee 7 $ 692,000 $ 98,857 $ 42,000
Tipton, Tennessee 7 $ 561,000 $ 80,142 $ 76,000
Unicoi, Tennessee 7 $ 1,106,000 $ 158,000 $ 62,000
Washington, Virginia 7 $ 3,007,000 $ 429,571 $ 236,000
St. Johns, Florida 6 $ 2,320,000 $ 386,666 $ 329,000
Walker, Georgia 6 $ 1,075,000 $ 179,166 $ 82,000
Buncombe, North Carolina 6 $ 2,768,000 $ 461,333 $ 245,000
Davidson, North Carolina 6 $ 2,346,000 $ 391,000 $ 255,000
Anderson, Tennessee 6 $ 1,167,000 $ 194,500 $ 96,000
Duval, Florida 5 $ 2,863,000 $ 572,600 $ 496,000
DeKalb, Georgia 5 $ 1,763,000 $ 352,600 $ 188,000
Fulton, Georgia 5 $ 2,539,000 $ 507,800 $ 227,000
Marshall, Mississippi 5 $ 612,000 $ 122,400 $ 67,000
Franklin, North Carolina 5 $ 774,000 $ 154,800 $ 105,000
Dickson, Tennessee 5 $ 688,000 $ 137,600 $ 109,000
Franklin, Tennessee 5 $ 1,499,000 $ 299,800 $ 261,000
Marion, Tennessee 5 $ 703,000 $ 140,600 $ 177,000
Rhea, Tennessee 5 $ 809,000 $ 161,800 $ 75,000
Henrico, Virginia 5 $ 3,160,000 $ 632,000 $ 406,000
Dade, Georgia 4 $ 360,000 $ 90,000 $ 59,000
Gwinnett, Georgia 4 $ 2,211,000 $ 552,750 $ 340,000
Lafayette, Mississippi 4 $ 1,339,000 $ 334,750 $ 523,000
Pitt, North Carolina 4 $ 409,000 $ 102,250 $ 61,000
Grainger, Tennessee 4 $ 384,000 $ 96,000 $ 38,000
Jackson, Tennessee 4 $ 149,000 $ 37,250 $ 28,000
Montgomery, Tennessee 4 $ 715,000 $ 178,750 $ 83,000
Maricopa, Arizona 3 $ 2,849,000 $ 949,666 $ 820,000
Monroe, Florida 3 $ 1,255,000 $ 418,333 $ 985,000
Sarasota, Florida 3 $ 2,465,000 $ 821,666 $ 663,000
Horry, South Carolina 3 $ 280,000 $ 93,333 $ 47,000
Bedford, Tennessee 3 $ 1,054,000 $ 351,333 $ 264,000
Henry, Tennessee 3 $ 1,440,000 $ 480,000 $ 276,000
Humphreys, Tennessee 3 $ 156,000 $ 52,000 $ 50,000
Trousdale, Tennessee 3 $ 421,000 $ 140,333 $ 65,000
Bristol, Virginia 3 $ 263,000 $ 87,666 $ 102,000
Walker, Alabama 2 $ 708,000 $ 354,000 $ 160,000
Crittenden, Arkansas 2 $ 596,000 $ 298,000 $ 748,000
Santa Barbara, California 2 $ 3,014,000 $ 1,507,000 $ 398,000
Eagle, Colorado 2 $ 3,000,000 $ 1,500,000 $ 1,002,000
Collier, Florida 2 $ 564,000 $ 282,000 $ 193,000
Union, Mississippi 2 $ 203,000 $ 101,500 $ 39,000
Hudson, New Jersey 2 $ 920,000 $ 460,000 $ 3,800,000
Warren, New York 2 $ 728,000 $ 364,000 $ 353,000
Macon, North Carolina 2 $ 250,000 $ 125,000 $ 55,000
Orange, North Carolina 2 $ 690,000 $ 345,000 $ 148,000
Watauga, North Carolina 2 $ 279,000 $ 139,500 $ 127,000
Franklin, Ohio 2 $ 574,000 $ 287,000 $ 276,000
Berkeley, South Carolina 2 $ 3,700,000 $ 1,850,000 $ 665,000
Greenville, South Carolina 2 $ 1,475,000 $ 737,500 $ 362,000
York, South Carolina 2 $ 1,217,000 $ 608,500 $ 278,000
Cannon, Tennessee 2 $ 213,000 $ 106,500 $ 29,000
Carroll, Tennessee 2 $ 198,000 $ 99,000 $ 58,000
Decatur, Tennessee 2 $ 246,000 $ 123,000 $ 126,000
Giles, Tennessee 2 $ 115,000 $ 57,500 $ 50,000
McNairy, Tennessee 2 $ 241,000 $ 120,500 $ 51,000
Meigs, Tennessee 2 $ 182,000 $ 91,000 $ 47,000
Union, Tennessee 2 $ 295,000 $ 147,500 $ 127,000
Van Buren, Tennessee 2 $ 100,000 $ 50,000 $ 56,000
Warren, Tennessee 2 $ 152,000 $ 76,000 $ 58,000
Harris, Texas 2 $ 2,254,000 $ 1,127,000 $ 367,000
Albemarle, Virginia 2 $ 925,000 $ 462,500 $ 397,000
Charlottesville, Virginia 2 $ 493,000 $ 246,500 $ 67,000
Chesterfield, Virginia 2 $ 1,894,000 $ 947,000 $ 431,000
Goochland, Virginia 2 $ 1,495,000 $ 747,500 $ 386,000
Baldwin, Alabama 1 $ 167,000 $ 167,000 $ 159,000
Calhoun, Alabama 1 $ 84,000 $ 84,000 $ 414,000
Colbert, Alabama 1 $ 250,000 $ 250,000 $ 353,000
Jackson, Alabama 1 $ 98,000 $ 98,000 $ 28,000
Jefferson, Alabama 1 $ 162,000 $ 162,000 $ 67,000
Madison, Alabama 1 $ 830,000 $ 830,000 $ 300,000
Marion, Alabama 1 $ 56,000 $ 56,000 $ 80,000
St. Clair, Alabama 1 $ 327,000 $ 327,000 $ 63,000
Tuscaloosa, Alabama 1 $ 100,000 $ 100,000 $ 283,000
Boone, Arkansas 1 $ 99,000 $ 99,000 $ 152,000
Pulaski, Arkansas 1 $ 850,000 $ 850,000 $ 480,000
San Diego, California 1 $ 424,000 $ 424,000 $ 217,000
Sussex, Delaware 1 $ 231,000 $ 231,000 $ 392,000
Miami-Dade, Florida 1 $ 200,000 $ 200,000 $ 1,238,000
Orange, Florida 1 $ 190,000 $ 190,000 $ 49,000
Pinellas, Florida 1 $ 400,000 $ 400,000 $ 0
Cherokee, Georgia 1 $ 131,000 $ 131,000 $ 141,000
Clarke, Georgia 1 $ 130,000 $ 130,000 $ 421,000
Fayette, Georgia 1 $ 178,000 $ 178,000 $ 88,000
Oconee, Georgia 1 $ 658,000 $ 658,000 $ 196,000
Paulding, Georgia 1 $ 132,000 $ 132,000 $ 57,000
Towns, Georgia 1 $ 224,000 $ 224,000 $ 390,000
Hamilton, Indiana 1 $ 950,000 $ 950,000 $ 505,000
Hart, Kentucky 1 $ 213,000 $ 213,000 $ 131,000
Jefferson, Kentucky 1 $ 750,000 $ 750,000 $ 1,200,000
Jessamine, Kentucky 1 $ 625,000 $ 625,000 $ 352,000
Shelby, Kentucky 1 $ 431,000 $ 431,000 $ 310,000
Lincoln, Maine 1 $ 743,000 $ 743,000 $ 1,428,000
Benton, Mississippi 1 $ 34,000 $ 34,000 $ 57,000
Hancock, Mississippi 1 $ 25,000 $ 25,000 $ 22,000
Hinds, Mississippi 1 $ 104,000 $ 104,000 $ 199,000
Oktibbeha, Mississippi 1 $ 300,000 $ 300,000 $ 185,000
Panola, Mississippi 1 $ 28,000 $ 28,000 $ 89,000
Jackson, Missouri 1 $ 478,000 $ 478,000 $ 400,000
Morris, New Jersey 1 $ 1,000,000 $ 1,000,000 $ 425,000
Beaufort, North Carolina 1 $ 164,000 $ 164,000 $ 98,000
Brunswick, North Carolina 1 $ 238,000 $ 238,000 $ 407,000
Davie, North Carolina 1 $ 650,000 $ 650,000 $ 491,000
Gates, North Carolina 1 $ 55,000 $ 55,000 $ 159,000
Granville, North Carolina 1 $ 490,000 $ 490,000 $ 124,000
Iredell, North Carolina 1 $ 248,000 $ 248,000 $ 270,000
New Hanover, North Carolina 1 $ 628,000 $ 628,000 $ 750,000
Northampton, North Carolina 1 $ 311,000 $ 311,000 $ 219,000
Pasquotank, North Carolina 1 $ 550,000 $ 550,000 $ 0
Rowan, North Carolina 1 $ 625,000 $ 625,000 $ 291,000
Union, North Carolina 1 $ 650,000 $ 650,000 $ 290,000
Warren, North Carolina 1 $ 375,000 $ 375,000 $ 612,000
Cuyahoga, Ohio 1 $ 903,000 $ 903,000 $ 1,041,000
Beaufort, South Carolina 1 $ 603,000 $ 603,000 $ 340,000
Charleston, South Carolina 1 $ 165,000 $ 165,000 $ 182,000
Benton, Tennessee 1 $ 110,000 $ 110,000 $ 82,000
Bledsoe, Tennessee 1 $ 92,000 $ 92,000 $ 26,000
Campbell, Tennessee 1 $ 260,000 $ 260,000 $ 211,000
Claiborne, Tennessee 1 $ 200,000 $ 200,000 $ 280,000
Coffee, Tennessee 1 $ 105,000 $ 105,000 $ 288,000
DeKalb, Tennessee 1 $ 75,000 $ 75,000 $ 70,000
Dyer, Tennessee 1 $ 45,000 $ 45,000 $ 0
Fentress, Tennessee 1 $ 97,000 $ 97,000 $ 0
Gibson, Tennessee 1 $ 289,000 $ 289,000 $ 140,000
Hardin, Tennessee 1 $ 60,000 $ 60,000 $ 68,000
Hickman, Tennessee 1 $ 200,000 $ 200,000 $ 101,000
Johnson, Tennessee 1 $ 412,000 $ 412,000 $ 526,000
Lincoln, Tennessee 1 $ 68,000 $ 68,000 $ 130,000
Macon, Tennessee 1 $ 142,000 $ 142,000 $ 50,000
McMinn, Tennessee 1 $ 149,000 $ 149,000 $ 220,000
Monroe, Tennessee 1 $ 86,000 $ 86,000 $ 22,000
Morgan, Tennessee 1 $ 520,000 $ 520,000 $ 284,000
Perry, Tennessee 1 $ 56,000 $ 56,000 $ 74,000
Polk, Tennessee 1 $ 99,000 $ 99,000 $ 78,000
Sequatchie, Tennessee 1 $ 262,000 $ 262,000 $ 321,000
Weakley, Tennessee 1 $ 293,000 $ 293,000 $ 300,000
Bexar, Texas 1 $ 742,000 $ 742,000 $ 1,805,000
Dallas, Texas 1 $ 680,000 $ 680,000 $ 444,000
Galveston, Texas 1 $ 750,000 $ 750,000 $ 348,000
Montague, Texas 1 $ 965,000 $ 965,000 $ 308,000
Tarrant, Texas 1 $ 239,000 $ 239,000 $ 69,000
Utah, Utah 1 $ 527,000 $ 527,000 $ 662,000
Fairfax, Virginia 1 $ 648,000 $ 648,000 $ 392,000
Hanover, Virginia 1 $ 240,000 $ 240,000 $ 54,000
Lee, Virginia 1 $ 49,000 $ 49,000 $ 26,000
Loudoun, Virginia 1 $ 763,000 $ 763,000 $ 170,000
Powhatan, Virginia 1 $ 430,000 $ 430,000 $ 290,000
Prince William, Virginia 1 $ 145,000 $ 145,000 $ 44,000
Roanoke, Virginia 1 $ 359,000 $ 359,000 $ 130,000

Mortgage Loan Application Detail Totals for First Horizon Bank in 2017

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Home Purchase 1,532 $600,671,000 $392,000 $9,511,000 $221,000 $5,875,000
Refinancing 1,073 $252,427,000 $235,000 $2,640,000 $154,000 $4,341,000
Home Improvement 150 $55,509,000 $370,000 $28,714,000 $148,000 $839,000

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 1,984 $582,607,000 $293,000 $2,640,000 $178,000 $4,341,000
Not Provided 388 $199,587,000 $514,000 $6,120,000 $309,000 $5,875,000
Black or African American 174 $27,052,000 $155,000 $1,006,000 $120,000 $3,600,000
Asian 86 $31,105,000 $361,000 $1,600,000 $222,000 $1,187,000
Hispanic 80 $21,145,000 $264,000 $1,200,000 $145,000 $759,000
Not applicable 27 $44,910,000 $1,663,000 $28,714,000 $0 $0
American Indian or Alaskan Native 10 $890,000 $89,000 $195,000 $60,000 $168,000
Native Hawaiian or Other Pacific Islander 6 $1,311,000 $218,000 $475,000 $118,000 $370,000

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 2,698 $899,408,000 $333,000 $28,714,000 $194,000 $5,875,000
FHA-insured (Federal Housing Administration) 35 $5,526,000 $157,000 $355,000 $52,000 $173,000
VA-guaranteed (Veterans Administration) 22 $3,673,000 $166,000 $289,000 $53,000 $183,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 1,586 $641,468,000 $404,000 $28,714,000 $239,000 $5,875,000
Application Denied By Financial Institution 452 $103,524,000 $229,000 $2,240,000 $131,000 $1,500,000
Loan Purchased By The Institution 322 $46,639,000 $144,000 $417,000 $54,000 $305,000
Application Withdrawn By Applicant 192 $35,620,000 $185,000 $1,500,000 $112,000 $1,080,000
Application Approved But Not Accepted 143 $73,018,000 $510,000 $2,000,000 $309,000 $1,440,000
File Closed For Incompleteness 60 $8,338,000 $138,000 $384,000 $81,000 $306,000
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Credit History 137 $14,787,000 $107,000 $620,000 $75,000 $1,183,000
Debt-To-Income Ratio 112 $20,878,000 $186,000 $950,000 $51,000 $367,000
Other 105 $43,113,000 $410,000 $2,240,000 $258,000 $1,500,000
Collateral 71 $17,733,000 $249,000 $1,278,000 $156,000 $779,000
Unverifiable Information 11 $2,492,000 $226,000 $545,000 $181,000 $450,000
Insufficient Cash (Downpayment, Closing Cost) 9 $2,592,000 $288,000 $1,090,000 $157,000 $771,000
Employment History 5 $1,614,000 $322,000 $1,268,000 $220,000 $878,000
Credit Application Incomplete 2 $315,000 $157,000 $210,000 $166,000 $172,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into First Horizon Bank's 2017 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.

This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics, and assess First Horizon Bank's mortgage approval patterns. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
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