Purchase Originations
3,903
Ranked #128 nationally
Median Total Costs
$5,686
−14.9% vs national ($6,680)
↑ $109 vs prior year
Median Rate
6.375%
−1.8% vs national (6.490%)
↓ 0.250% vs prior year
Median Origination
$1,350
Median Lender Credits
$400
Cost Rank (500+ vol.)
#253
among lenders with 500+ originations
Denial Rate
5.5%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 3,413 | 6.500% | $5,431 | $1,350 |
| fha | 300 | 6.125% | $9,456 | $1,566 |
| va | 150 | 6.000% | $5,439 | $0 |
| usda | 40 | 6.125% | $6,237 | $1,350 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Louisiana | 714 | 6.375% | $5,403 | #13 |
| Tennessee | 702 | 6.375% | $4,771 | #26 |
| Texas | 683 | 6.375% | $7,540 | #92 |
| Florida | 526 | 6.375% | $7,885 | #88 |
| Arkansas | 388 | 6.250% | $4,310 | #17 |
| Georgia | 231 | 6.500% | $5,930 | #91 |
| North Carolina | 171 | 6.375% | $4,431 | #115 |
| Alabama | 153 | 6.375% | $4,457 | #65 |
| Mississippi | 93 | 6.375% | $4,331 | #48 |
| Missouri | 66 | 6.625% | $3,842 | #124 |
| South Carolina | 66 | 6.375% | $5,356 | #145 |
| Virginia | 35 | 6.375% | $5,181 | — |
| New York | 15 | 6.500% | $7,680 | — |
| Colorado | 7 | 6.500% | $3,515 | — |
| Ohio | 6 | 6.562% | $4,623 | — |
| California | 5 | 6.375% | $8,628 | — |
| Connecticut | 5 | 6.375% | $6,290 | — |
| New Jersey | 5 | 6.750% | $7,551 | — |
| Arizona | 4 | 6.125% | $12,144 | — |
| Kentucky | 4 | 6.375% | $5,687 | — |
| Pennsylvania | 4 | 6.312% | $5,390 | — |
| Nevada | 3 | 6.000% | $7,061 | — |
| Oklahoma | 3 | 6.500% | $4,654 | — |
| Illinois | 2 | 6.562% | $3,061 | — |
| Kansas | 2 | 6.312% | $2,528 | — |
| Maryland | 2 | 6.875% | $6,045 | — |
| New Mexico | 2 | 6.688% | $4,593 | — |
| Washington | 2 | 5.812% | $19,231 | — |
| District of Columbia | 1 | 6.875% | $4,762 | — |
| Michigan | 1 | 6.625% | $2,336 | — |
| Montana | 1 | 6.500% | $4,881 | — |
| North Dakota | 1 | 6.875% | $6,743 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,650 | 6.250% | — | 46 | −$2,036 | |
| 2 | $3,859 | 6.625% | — | 47 | −$1,827 | |
| 3 | $4,120 | 6.375% | — | 161 | −$1,566 | |
| 4 | $4,230 | 6.438% | — | 50 | −$1,456 | |
| 5 | $4,560 | 6.375% | — | 62 | −$1,126 | |
| 6 | $4,787 | 6.500% | — | 158 | −$899 | |
| 7 | $4,807 | 6.375% | — | 57 | −$879 | |
| 8 | $4,815 | 6.375% | — | 100 | −$871 | |
| 9 | $5,025 | 6.500% | — | 48 | −$661 | |
| 10 | $5,349 | 6.375% | — | 97 | −$337 | |
| 11 | $5,525 | 6.375% | — | 130 | −$161 | |
| 12 | $5,751 | 6.375% | — | 224 | +$65 | |
| 13 | $5,832 | 6.500% | — | 43 | +$146 | |
| 14 | $6,009 | 6.375% | — | 70 | +$323 | |
| 15 | $6,622 | 6.500% | — | 73 | +$936 | |
| 16 | $7,259 | 6.500% | — | 237 | +$1,573 | |
| 17 | $7,418 | 6.375% | — | 59 | +$1,732 | |
| 18 | $8,747 | 6.250% | — | 203 | +$3,061 | |
| 19 | $10,116 | 6.500% | — | 53 | +$4,430 | |
| 20 | $12,725 | 6.125% | — | 92 | +$7,039 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2025. Sorted by median total loan costs.
Peer set: the 50 highest-volume U.S. mortgage lenders in 2025 (min. 8,254 purchase originations).
| Metric | First Horizon Bank | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $385,000 | $335,000 | +$50,000 (+14.9%) |
| Median total closing costs | $5,686 | $7,127 | −$1,441 (−20.2%) |
Other high-volume lenders side-by-side.
Found your lender? Make sure their quote is fair.
HMDA data shows industry-wide medians. Your actual quote may differ. Upload your Closing Disclosure or Loan Estimate to see exactly where your fees stand — and get a ready-to-send negotiation email.
Data source: HMDA Modified Loan Application Register 2025, published by the Consumer Financial Protection Bureau (CFPB).
Statistics reflect originated first-lien purchase mortgages on owner-occupied principal residences. Medians exclude loans with exempt or unreported fee disclosures. Learn more at ffiec.cfpb.gov.