Business Details
About
BankATMCredit CardsBusiness Banking ServiceMortgage RefinanceCommercial Mortgage LenderConstruction LoansHome Loan ProviderEquity LoansFinancial PlanningFirst Horizon Bank
Welcome to First Horizon Bank - located in Durham. Since 1864, we’ve been a bank you can count on. Our financial foundation is so steady you can build a house on it. Mortgage loan included. Our commitment to you has won some pretty big awards. Like Forbes World’s Best Banks. Stop by today and tap into local decision-makers who actually get where you’re coming from. And a go-to banker who is always just a call away.
Details
- Requires appointmentNot available
- Onsite servicesAvailable
- Free parking lotAvailable
- Free street parkingAvailable
Location
First Horizon Bank - Durham, NC - N Gregson St
1516 N Gregson St, Durham, NC
27701, United States
Hours
Reviews
2.6
15 reviews
5 stars
6
4 stars0
3 stars0
2 stars0
1 star
9
- DJDr. M. Franklin JoynerDec 22, 20251.0Branch manager very rude and cold .non informative. Bank teller cashed or ran a ck as a debit that should have been deposited in a business name and not a personal name. Caused banking issues on my end of the bank and negative business to business relations.
- SOSalah OmarOct 27, 20255.0Very helpful people Thank you so much
- AAAlejandro AguilarSep 22, 20255.0I’ve had a great experience with First Horizon Bank. The staff is always welcoming, professional, and ready to help with any questions I have. Their mobile app makes it easy to transfer money, pay bills, and keep track of my accounts on the go. I also appreciate how transparent they are with fees and how quickly they handle transactions. The branch locations are convenient, and I’ve never had an issue with access to ATMs. Overall, First Horizon provides excellent customer service and reliable banking—I highly recommend them. Thanks to Greg and his amazing team for always making my banking experience great .
- KWKenny WoodsAug 13, 20255.0The tellers greet you with a big smile when you enter the bank. Management is friendly and genuinely available to assist you. I love the attention my bank give me. 🌟🌟🌟🌟
- DDDoreen DalyJun 12, 20255.0Friendly and helpful ppl.
Frequently Asked Questions About First Horizon Bank - Durham, NC - N Gregson St
What do I need to open a personal checking account?
$50 minimum opening deposit
Social Security number
Date of birth
Personal identification such as a driver’s license, passport, state or government-issued ID
Can I open a personal checking account online?
Yes. Alternatively, you can visit one of our banking centers to apply in person.
Is there a limit on the number of transactions I can make with a personal checking account?
No, there is no limit on the number of transactions.
What are the first steps in the home buying process?
The first steps include assessing your financial situation, getting pre-qualified for a mortgage, and determining your budget. It's also important to start researching neighborhoods and listing your home preferences. First Horizon's mortgage specialists can guide you through these initial steps.
How long does it take to buy a home?
The home buying process typically takes between 30 to 60 days from making an offer to closing. This timeline can vary based on factors such as market conditions, the efficiency of your lender, and the specifics of the transaction.
What is mortgage prequalification and why is it important?
Mortgage prequalification involves a lender reviewing your financial information to determine your loan eligibility and providing a prequalified letter. This letter strengthens your offer on a home by showing sellers you are a serious and qualified buyer.
What types of mortgage loans are available through First Horizon?
First Horizon offers a variety of mortgage loans, including fixed-rate mortgages, adjustable-rate mortgages (ARMs), FHA loans, VA loans, and jumbo loans. Each type has different benefits to suit diverse financial needs.
Can First Horizon help with financing for first-time homebuyers?
Yes, First Horizon offers several programs designed to assist first-time homebuyers, including FHA loans and other options with lower down payment requirements. Our mortgage specialists can help you explore these programs and find the best fit for your needs.
How do I know if mortgage loan refinancing is right for me?
Refinancing may be beneficial if current interest rates are lower than your existing rate, if you want to switch from an adjustable-rate mortgage to a fixed-rate mortgage, or if you need to tap into your home’s equity. Our mortgage specialists can help you evaluate your situation.
What types of small business loans do you offer?
There are many different types of small business loans available, including small business term loans, lines of credit and real estate loans. Talk to a banker today to review your options.
What are the qualifications for a small business loan?
The loan requirements for a small business loan will vary, depending on the loan type and other factors. Here are some things to consider when applying:
Business Plan: Craft a thorough business plan outlining your goals, market analysis, financial projections, and how the loan will be utilized. A well-prepared plan demonstrates your business's viability.
Loan Purpose: Clearly articulate the purpose of the loan and how it will benefit your business. Whether it's for expansion, equipment purchase, working capital or other needs, provide specific details to support your application.
Collateral: Some loans require collateral. If your loan requires collateral, be prepared to offer assets such as real estate, equipment or inventory.
Credit History: Your personal and business credit scores play a significant role. Aim for good scores to enhance your eligibility.
Cash Flow: Lenders assess your business's cash flow to determine your ability to repay the loan. Positive cash flow and consistent revenue are essential indicators of financial stability.
Industry Experience: Your industry expertise and a track record of success can help strengthen your application.
Debt-to-Income Ratio: Lenders evaluate your debt-to-income ratio to gauge your ability to manage additional debt payments. Maintaining a healthy ratio improves your chances of loan approval.
Legal Compliance: Ensure your business complies with all legal and regulatory requirements, including licenses, permits and registrations.
Relationship with Lender: Building a positive relationship with your lender can be advantageous. Regular communication and responsible financial management can help expedite the process.
How long does it take to get a small business loan?
As soon as you recognize the need for funds and can gather the necessary documentation, contact your banker to get the process started. The length of the loan application process is dependent on the complexity of the loan.
What are the drive-through hours at First Horizon Bank - Durham, NC - N Gregson St?
The drive-through is open Monday to Friday from 9:00 AM to 5:00 PM and closed on Saturday and Sunday.
What is required to open a personal checking account at First Horizon Bank?
You need a $50 minimum opening deposit, Social Security number, date of birth, and a personal ID such as a driver's license or passport.
Can I open my personal checking account online?
Yes, you can open a personal checking account online or visit one of the banking centers to apply in person.
What types of mortgage loans does First Horizon Bank offer?
They offer fixed-rate mortgages, adjustable-rate mortgages, FHA loans, VA loans, and jumbo loans catering to various financial needs.
Does First Horizon Bank offer assistance for first-time homebuyers?
Yes, they provide several programs including FHA loans with lower down payments, and mortgage specialists to help find the best options.
What small business loan options are available at First Horizon Bank?
Small business term loans, lines of credit, and real estate loans are offered. It's best to consult a banker to review your options.
What are the banking center hours at First Horizon Bank - Durham, NC?
Banking centers are open Monday to Friday from 9:00 AM to 5:00 PM and Saturday from 9:00 AM to 1:00 PM; closed on Sundays.
What nearby restaurants can I visit before or after banking at First Horizon Bank - Durham?
You can enjoy meals at Kickback Jack's (American & Burgers), Orient Garden (Asian cuisine), Tripps Restaurant (Steakhouse & Seafood), and Sbarro (Pizza).
Are there other banks near First Horizon Bank - Durham, NC - N Gregson St?
Yes, nearby banks include SunTrust, Truist, Bank of America, BB&T Mortgage, and Wells Fargo Bank, providing additional banking options close by.
What nearby amenities are available for visitors to First Horizon Bank?
Nearby amenities include Durham Roots Farmer's Market, Northgate Stadium 10 cinema, various retail stores like Bath & Body Works, and hotels such as Hampton Inn & Suites Durham/North I-85.