Business Details
About
BankATMCredit CardsBusiness Banking ServiceMortgage RefinanceCommercial Mortgage LenderConstruction LoansHome Loan ProviderEquity LoansFinancial PlanningFirst Horizon Bank
Welcome to First Horizon Bank - located in Memphis. 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
- Drive-throughAvailable
- Onsite servicesAvailable
- Free parking lotAvailable
Location
First Horizon Bank - Memphis, TN - 4655 Polar Ave
4655 Poplar Avenue, Memphis, TN
38117, United States
Hours
Reviews
4.3
12 reviews
5 stars
9
4 stars
1
3 stars0
2 stars0
1 star
2
- WIWillester Clark IIIDec 10, 20255.0I'm taking this time to say thank you to Ms. Regina Patterson. I do believe she is a great asset to this establishment. She always takes time to handle any banking issue that I may have and exhibit patience and understanding. I always enjoy speaking with her and never left dissatisfied. In a time and world where you experience the exact opposite on a daily basis you can always count on Regina to exemplify great service as a norm. Great job Regina and a heartfelt thank you.
- TWTori WarneckeDec 8, 20255.0I've been banking here for my company for about a year now. Katie, Pat and Sheila always take great care of me! I'm going to miss y'all after I start my new job! Thank you for your help and kindness every week!
- SFSumner FordJun 20, 20231.0Deposited money into atm and the machine stoped working and cancelled my transaction and they didn’t ever fix it or give me my money back.Absolutely ridiculous horrible customer service and theft.
- ABalan benderJan 4, 20215.0Always been personal and after banking here for years like family.
Frequently Asked Questions About First Horizon Bank - Memphis, TN - 4655 Polar Ave
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 operating hours for First Horizon Bank's drive-through services at 4655 Poplar Avenue, Memphis?
The drive-through is open Monday to Thursday from 9:00 AM to 4:00 PM, and on Friday from 9:00 AM to 6:00 PM. It is closed on Saturdays and Sundays.
What do I need to open a personal checking account at First Horizon Bank?
You need a minimum opening deposit of $50, your Social Security number, date of birth, and a personal identification such as a driver's license, passport, or state-issued ID.
Can I open a personal checking account online with First Horizon Bank?
Yes, you can open a personal checking account online or visit one of our banking centers to apply in person.
Does First Horizon Bank limit the number of transactions on a personal checking account?
No, there is no limit on the number of transactions you can make with a personal checking account.
What types of mortgage loans does First Horizon Bank offer?
They offer fixed-rate mortgages, adjustable-rate mortgages (ARMs), FHA loans, VA loans, and jumbo loans to suit different financial needs.
Does First Horizon Bank offer assistance for first-time homebuyers?
Yes, they provide programs including FHA loans and other options with lower down payments, with mortgage specialists available to help find the best fit.
Where is First Horizon Bank located in Memphis?
The bank is located at 4655 Poplar Avenue, Memphis, TN 38117, USA.
What nearby places can I visit around First Horizon Bank at 4655 Poplar Avenue?
Nearby, you can visit Einstein Bros. Bagels for a meal, Sprouts Farmers Market for grocery shopping, and M. Ford Creech Antiques & Fine Arts for art and antiques.
Are there real estate services near First Horizon Bank that can assist me with home buying?
Yes, several real estate agents and agencies like Memphis Homes Milleigh Pearson, Amy Woods of Crye Leike Realtors, and Crye-Leike Realtors offices are nearby to assist with home buying.
How can nearby transit or services help me when visiting First Horizon Bank?
While specific transit stations are not listed, nearby businesses like The Shot Nurse Immunization and Wellness Service provide health services, and there is free onsite and street parking to make visiting the bank convenient.