First Western Trust Bank Mortgage Rates, Fees & Info
Denver, COLEI: 254900KI7219LQKCI772
Tax ID: 27-0083757
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Mortgage Data
Review & Overview
First Western Trust Bank is a smaller bank specializing in Home Purchase loans. First Western Trust Bank has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: Denver, Fort Collins, Jackson, Greeley, and Phoenix among others. We have data for 104 markets. (Some data included below & more in-depth data is available with an active subscription.)First Western Trust Bank has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. First Western Trust Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.76% | 4/5/25 |
| 30 Year Conventional Refi | 6.73% | 4/5/25 |
| 30 Year Cash-out Refi | 6.99% | 4/5/25 |
| 30 Year FHA Purchase | 6.87% | 4/5/25 |
| 30 Year FHA Refi | 7.02% | 4/5/25 |
| 30 Year VA Purchase | 6.31% | 4/5/25 |
| 30 Year VA Refi | 6.01% | 4/5/25 |
| 15 Year Conventional Purchase | 6.03% | 4/5/25 |
| 15 Year Conventional Refi | 5.55% | 4/5/25 |
| 15 Year Cash-out Refi | 5.55% | 4/5/25 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
First Western Trust Bank Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from First Western Trust Bank. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
890Origination Dollar Volume (All Markets)
$504,250,000Awards
First Western Trust Bank - 2024
First Western Trust Bank is a 2024 , due to their low .
For 2024, less than of lenders were eligible for this award.
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Relative Rate
First Western Trust Bank's average 30 year fixed mortgage rate was
6.57%.
The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.
This yields a difference of 0.02%.
Relative Fees (Closing Costs)
First Western Trust Bank's average total fees/closing costs for a 30 year fixed rate
mortgage were $5,175.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including
both points & up-front fees in addition to origination fees) were $8,356.
Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 204 | $138,030,000 | $676,618 | $3,863 | 6.62% |
| FORT COLLINS, CO (FHA|USDA|VA) | 248 | $121,690,000 | $490,685 | $4,854 | 6.52% |
| Jackson, WY-ID (FHA|USDA|VA) | 29 | $36,755,000 | $1,267,414 | $8,188 | 6.73% |
| GREELEY, CO (FHA|USDA|VA) | 83 | $34,415,000 | $414,639 | $5,128 | 6.50% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 44 | $27,300,000 | $620,455 | $7,229 | 6.50% |
| Glenwood Springs, CO (FHA|USDA|VA) | 12 | $15,830,000 | $1,319,167 | $5,553 | 6.82% |
| Edwards, CO (FHA|USDA|VA) | 12 | $15,620,000 | $1,301,667 | $5,915 | 6.66% |
| Outside of Metro Areas | 32 | $14,260,000 | $445,625 | $4,690 | 6.85% |
| CHEYENNE, WY (FHA|USDA|VA) | 35 | $12,045,000 | $344,143 | $8,015 | 6.03% |
| BOULDER, CO (FHA|USDA|VA) | 15 | $9,265,000 | $617,667 | $4,102 | 6.70% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 10 | $4,780,000 | $478,000 | $3,125 | 6.65% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 1 | $4,655,000 | $4,655,000 | $33,589 | 7.63% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 3 | $4,465,000 | $1,488,333 | $7,589 | 6.58% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 6 | $3,290,000 | $548,333 | $7,197 | 6.44% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 4 | $2,710,000 | $677,500 | $13,937 | 6.19% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 5 | $1,925,000 | $385,000 | $3,540 | 6.38% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 3 | $1,785,000 | $595,000 | $7,612 | 7.29% |
| SANTA FE, NM (FHA|USDA|VA) | 1 | $1,755,000 | $1,755,000 | $9,169 | 7.50% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 4 | $1,750,000 | $437,500 | $5,994 | 6.91% |
| Laramie, WY (FHA|USDA|VA) | 4 | $1,740,000 | $435,000 | $5,385 | 6.25% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 2 | $1,740,000 | $870,000 | $5,979 | 6.31% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 3 | $1,675,000 | $558,333 | $4,734 | 6.83% |
| Helena, MT (FHA|USDA|VA) | 2 | $1,630,000 | $815,000 | $0 | 6.44% |
| Breckenridge, CO (FHA|USDA|VA) | 2 | $1,530,000 | $765,000 | $2,704 | 7.31% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 2 | $1,510,000 | $755,000 | $14,786 | 5.75% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 3 | $1,475,000 | $491,667 | $3,106 | 6.75% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 3 | $1,415,000 | $471,667 | $9,134 | 6.92% |
| GRAND JUNCTION, CO (FHA|USDA|VA) | 5 | $1,415,000 | $283,000 | $3,796 | 6.25% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 4 | $1,400,000 | $350,000 | $6,390 | 6.84% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 3 | $1,365,000 | $455,000 | $6,187 | 6.42% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 3 | $1,345,000 | $448,333 | $3,450 | 6.88% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 3 | $1,275,000 | $425,000 | $3,292 | 6.71% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 2 | $1,200,000 | $600,000 | $7,832 | 7.25% |
| Sevierville, TN (FHA|USDA|VA) | 2 | $1,150,000 | $575,000 | $6,300 | 6.75% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 2 | $1,100,000 | $550,000 | $3,763 | 6.06% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 2 | $1,000,000 | $500,000 | $16,561 | 5.94% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 3 | $965,000 | $321,667 | $6,812 | 6.50% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 1 | $905,000 | $905,000 | $8,066 | 6.13% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 2 | $860,000 | $430,000 | $11,839 | 5.88% |
| BILLINGS, MT (FHA|USDA|VA) | 2 | $820,000 | $410,000 | $3,933 | 5.88% |
| Platteville, WI (FHA|USDA|VA) | 1 | $795,000 | $795,000 | $3,644 | 6.50% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 2 | $790,000 | $395,000 | $4,136 | 5.25% |
| Fort Morgan, CO (FHA|USDA|VA) | 2 | $780,000 | $390,000 | $5,188 | 6.88% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 1 | $725,000 | $725,000 | $0 | 6.63% |
| TUCSON, AZ (FHA|USDA|VA) | 2 | $720,000 | $360,000 | $11,803 | 6.50% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 1 | $705,000 | $705,000 | $7,496 | 6.13% |
| CORVALLIS, OR (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $6,227 | 6.38% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $595,000 | $595,000 | $1,345 | 7.38% |
| Sterling, CO (FHA|USDA|VA) | 1 | $595,000 | $595,000 | $2,992 | 7.13% |
| Hilo, HI (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $9,757 | 6.25% |
| PUEBLO, CO (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $3,288 | 6.75% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $3,882 | 5.88% |
| Bozeman, MT (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $4,212 | 7.63% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $4,358 | 5.50% |
| ASHEVILLE, NC (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $7,762 | 6.88% |
| YUMA, AZ (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $4,036 | 6.44% |
| Kalispell, MT (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $895 | 6.88% |
| CLEVELAND, TN (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $400 | 6.75% |
| Oxford, MS (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $2,821 | 7.50% |
| TULSA, OK (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $750 | 6.13% |
| HOT SPRINGS, AR (FHA|USDA|VA) | 4 | $410,000 | $102,500 | $4,160 | 7.38% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $3,162 | 6.69% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $12,620 | 6.13% |
| Montrose, CO (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $978 | 6.63% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $21,612 | 5.88% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $2,255 | 6.75% |
| MADERA, CA (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $7,710 | 5.63% |
| Rock Springs, WY (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $7,592 | 7.13% |
| BOISE CITY, ID (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $8,648 | 6.63% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $10,171 | 6.13% |
| Jamestown-Dunkirk-Fredonia, NY (FHA|USDA|VA) | 5 | $345,000 | $69,000 | $4,306 | 6.75% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $470 | 6.13% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $3,420 | 6.63% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $17,378 | 5.75% |
| Findlay, OH (FHA|USDA|VA) | 3 | $325,000 | $108,333 | $3,597 | 6.63% |
| SIOUX CITY, IA-NE-SD (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $9,496 | 6.13% |
| Rexburg, ID (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $5,523 | 7.13% |
| TOLEDO, OH (FHA|USDA|VA) | 3 | $295,000 | $98,333 | $3,523 | 7.13% |
| NILES, MI (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $1,589 | 6.63% |
| LUBBOCK, TX (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $1,343 | 6.25% |
| GETTYSBURG, PA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $8,109 | 6.75% |
| Cañon City, CO (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $3,999 | 8.13% |
| Traverse City, MI (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $4,153 | 7.38% |
| Baraboo, WI (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $3,564 | 5.88% |
| Craig, CO (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $3,675 | 7.50% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $4,591 | 6.38% |
| SHEBOYGAN, WI (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $3,958 | 6.88% |
| POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $5,639 | 6.63% |
| ST. GEORGE, UT (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $3,833 | 5.88% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $5,382 | 6.63% |
| WILMINGTON, NC (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 6.63% |
| Cookeville, TN (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $650 | 6.75% |
| ROME, GA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $4,509 | 6.25% |
| CASPER, WY (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $305 | 6.13% |
| Tupelo, MS (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $5,561 | 5.75% |
| PITTSBURGH, PA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $625 | 6.75% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $3,820 | 7.63% |
| TEXARKANA, TX-AR (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $2,394 | 7.63% |
| WICHITA, KS (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $6,835 | 6.50% |
| MODESTO, CA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $6,195 | 6.00% |
| TERRE HAUTE, IN (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $2,946 | 6.63% |
| COLUMBIA, MO (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $4,433 | 7.50% |
| MANKATO, MN (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,895 | 6.25% |
| SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $3,667 | 6.38% |
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 725 | $427,275,000 | $589,345 | $4,358 | 6.66% |
| VA | 91 | $46,575,000 | $511,813 | $7,597 | 6.10% |
| FHA | 74 | $30,400,000 | $410,811 | $10,288 | 6.17% |
For 2024, First Western Trust Bank's most frequently originated type of loan was Conventional, with 725 originations. Their 2nd most popular type was VA, with 91 originations.
Loan Reason
For 2024, First Western Trust Bank's most frequently cited loan purpose was Home Purchase, with 721 originations. The 2nd most popular reason was Refi, with 102 originations.
Loan Duration/Length
For 2024, First Western Trust Bank's most frequently cited loan duration was 30 Year, with 864 originations. The 2nd most popular length was 15 Year, with 10 originations.
Origination Fees/Closing Costs
First Western Trust Bank's average total fees were $5,175, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 347 originations.
Interest Rates
During 2024, First Western Trust Bank's average interest rate for loans was 6.57%, while their most frequently originated rate bucket for loans was 6-7%, with 584 originations.
Loan Sizing
2024 saw First Western Trust Bank place emphasis on $400k-600k loans with 301 originations, totaling $146,715,000 in origination value.
Applicant Income
First Western Trust Bank lent most frequently to those with incomes in the $150k-250k range, with 254 originations. The second most popular income band? $250k+, with 216 originations.
Applicant Debt to Income Ratio
First Western Trust Bank lent most frequently to those with DTI ratios of 30-36%, with 157 originations. The next most common DTI ratio? 20-30%, with 133 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications99.27%
First Western Trust Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination69.78%
First Western Trust Bank has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 890 | $504,250,000 | $566,573 |