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 a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Denver, Fort Collins, Phoenix, Jackson, and Greeley among others. We have data for 96 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 an average 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 relatively high 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 | 6.27% | 3/23/25 |
| 30 Year Conventional Refi | 6.25% | 3/23/25 |
| 30 Year Cash-out Refi | 6.26% | 3/23/25 |
| 30 Year FHA Purchase | 7.23% | 3/23/25 |
| 30 Year FHA Refi | 6.27% | 3/23/25 |
| 30 Year VA Purchase | 6.16% | 3/23/25 |
| 30 Year VA Refi | 6.08% | 3/23/25 |
| 30 Year USDA Purchase | 6.45% | 3/23/25 |
| 15 Year Conventional Purchase | 5.68% | 3/23/25 |
| 15 Year Conventional Refi | 5.86% | 3/23/25 |
| 15 Year Cash-out Refi | 5.86% | 3/23/25 |
| 15 Year FHA Refi | 6.65% | 3/23/25 |
| 15 Year VA Purchase | 5.56% | 3/23/25 |
| 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
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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
647Origination Dollar Volume (All Markets)
$386,985,000Awards
First Western Trust Bank - 2023
First Western Trust Bank is a 2023 , due to their low .
For 2023, 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
6.54%.
The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.
This yields a difference of 0.06%.
Relative Fees (Closing Costs)
First Western Trust Bank's average total fees/closing costs for a 30 year fixed rate
mortgage were $5,339.
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 $9,089.
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) | 195 | $127,165,000 | $652,128 | $3,398 | 6.52% |
| FORT COLLINS, CO (FHA|USDA|VA) | 150 | $68,120,000 | $454,133 | $5,319 | 6.56% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 45 | $28,445,000 | $632,111 | $9,763 | 6.46% |
| Jackson, WY-ID (FHA|USDA|VA) | 26 | $21,240,000 | $816,923 | $8,219 | 6.43% |
| GREELEY, CO (FHA|USDA|VA) | 34 | $19,110,000 | $562,059 | $7,240 | 6.43% |
| Outside of Metro Areas | 25 | $18,935,000 | $757,400 | $6,094 | 6.80% |
| Glenwood Springs, CO (FHA|USDA|VA) | 8 | $16,710,000 | $2,088,750 | $5,291 | 6.50% |
| Edwards, CO (FHA|USDA|VA) | 13 | $14,365,000 | $1,105,000 | $6,593 | 7.29% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 11 | $6,985,000 | $635,000 | $5,113 | 6.85% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 5 | $4,725,000 | $945,000 | $11,674 | 6.75% |
| BOULDER, CO (FHA|USDA|VA) | 8 | $4,210,000 | $526,250 | $4,329 | 6.53% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 2 | $4,060,000 | $2,030,000 | $5,934 | 6.56% |
| Breckenridge, CO (FHA|USDA|VA) | 3 | $2,755,000 | $918,333 | $1,573 | 6.79% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 2 | $2,560,000 | $1,280,000 | $4,382 | 5.81% |
| Steamboat Springs, CO (FHA|USDA|VA) | 2 | $2,230,000 | $1,115,000 | $1,684 | 6.63% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 4 | $2,220,000 | $555,000 | $7,702 | 6.38% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $1,885,000 | $1,885,000 | $1,400 | 7.13% |
| TUCSON, AZ (FHA|USDA|VA) | 4 | $1,870,000 | $467,500 | $8,010 | 6.59% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 3 | $1,665,000 | $555,000 | $9,778 | 6.67% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 2 | $1,490,000 | $745,000 | $3,990 | 6.44% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 3 | $1,265,000 | $421,667 | $7,151 | 6.79% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 1 | $1,155,000 | $1,155,000 | $7,938 | 7.75% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 3 | $1,125,000 | $375,000 | $5,039 | 6.29% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 1 | $1,075,000 | $1,075,000 | $2,654 | 6.13% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 2 | $1,040,000 | $520,000 | $7,354 | 5.94% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 2 | $1,010,000 | $505,000 | $9,206 | 7.13% |
| CHEYENNE, WY (FHA|USDA|VA) | 2 | $990,000 | $495,000 | $6,805 | 6.81% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 2 | $980,000 | $490,000 | $5,781 | 6.56% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 4 | $950,000 | $237,500 | $7,240 | 6.38% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $945,000 | $945,000 | $2,295 | 6.50% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 2 | $890,000 | $445,000 | $9,218 | 6.56% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 1 | $885,000 | $885,000 | $5,508 | 5.88% |
| Hilo, HI (FHA|USDA|VA) | 1 | $875,000 | $875,000 | $2,729 | 7.25% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 2 | $860,000 | $430,000 | $9,850 | 6.75% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 3 | $855,000 | $285,000 | $3,850 | 6.96% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 2 | $830,000 | $415,000 | $7,091 | 6.88% |
| Outside of Metro Areas | 1 | $725,000 | $725,000 | $2,522 | 6.25% |
| Bozeman, MT (FHA|USDA|VA) | 1 | $725,000 | $725,000 | $5,350 | 6.88% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 1 | $725,000 | $725,000 | $763 | 7.88% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 2 | $690,000 | $345,000 | $1,539 | 7.07% |
| BILLINGS, MT (FHA|USDA|VA) | 2 | $670,000 | $335,000 | $9,900 | 6.38% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 2 | $590,000 | $295,000 | $7,822 | 6.25% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 1 | $565,000 | $565,000 | $6,260 | 6.38% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $1,850 | 5.25% |
| OCALA, FL (FHA|USDA|VA) | 1 | $535,000 | $535,000 | $6,085 | 5.25% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 2 | $530,000 | $265,000 | $4,212 | 6.75% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $11,979 | 6.63% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 3 | $505,000 | $168,333 | $2,375 | 6.33% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $3,046 | 6.50% |
| Pinehurst-Southern Pines, NC (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $9,779 | 6.25% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $3,776 | 6.13% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $8,153 | 7.13% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $4,823 | 6.56% |
| NILES, MI (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $23,753 | 6.25% |
| Rock Springs, WY (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $2,812 | 6.06% |
| GRAND JUNCTION, CO (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $2,318 | 7.13% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $9,888 | 6.50% |
| ASHEVILLE, NC (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $13,765 | 5.25% |
| ANCHORAGE, AK (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $9,823 | 5.75% |
| PUEBLO, CO (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $5,748 | 6.13% |
| Helena, MT (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $4,501 | 6.13% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $8,277 | 6.88% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $2,742 | 6.25% |
| Sterling, CO (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $915 | 6.75% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $4,299 | 6.88% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 6.75% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $21,622 | 5.88% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $982 | 6.75% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $4,156 | 6.31% |
| TOLEDO, OH (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $5,376 | 6.75% |
| Palatka, FL (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $4,486 | 7.38% |
| Maryville, MO (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $1,914 | 7.50% |
| SUMTER, SC (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $7,209 | 5.63% |
| BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $7,525 | 6.13% |
| Payson, AZ (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $7,559 | 6.63% |
| WILMINGTON, NC (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $1,674 | 7.63% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $5,288 | 5.75% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $3,813 | 6.63% |
| Brainerd, MN (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $7,508 | 6.63% |
| LANCASTER, PA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $4,292 | 6.50% |
| EVANSVILLE, IN-KY (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,426 | 7.13% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $3,263 | 6.88% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $947 | 7.00% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $4,383 | 7.13% |
| Woodward, OK (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $1,519 | 6.00% |
| MANHATTAN, KS (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $3,180 | 6.50% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $1,333 | 6.00% |
| TULSA, OK (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $1,663 | 7.00% |
| LONGVIEW, WA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,271 | 6.25% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $4,517 | 6.88% |
| ERIE, PA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $3,439 | 5.88% |
| Jamestown-Dunkirk-Fredonia, NY (FHA|USDA|VA) | 2 | $110,000 | $55,000 | $5,004 | 6.94% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $1,145 | 6.63% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $1,964 | 5.50% |
| LOUISVILLE, KY (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $4,922 | 6.50% |
| Huron, SD (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $918 | 6.25% |
Similar Lenders
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Product Mix
For 2023, First Western Trust Bank's most frequently originated type of loan was Conventional, with 557 originations. Their 2nd most popular type was VA, with 72 originations.
Loan Reason
For 2023, First Western Trust Bank's most frequently cited loan purpose was Home Purchase, with 589 originations. The 2nd most popular reason was Cash Out Refi, with 39 originations.
Loan Duration/Length
For 2023, First Western Trust Bank's most frequently cited loan duration was 30 Year, with 629 originations. The 2nd most popular length was 15 Year, with 7 originations.
Origination Fees/Closing Costs
First Western Trust Bank's average total fees were $5,339, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 226 originations.
Interest Rates
During 2023, First Western Trust Bank's average interest rate for loans was 6.54%, while their most frequently originated rate bucket for loans was 6-7%, with 392 originations.
Loan Sizing
2023 saw First Western Trust Bank place emphasis on $400k-600k loans with 215 originations, totaling $104,865,000 in origination value.
Applicant Income
First Western Trust Bank lent most frequently to those with incomes in the $250k+ range, with 195 originations. The second most popular income band? $150k-250k, with 179 originations.
Applicant Debt to Income Ratio
First Western Trust Bank lent most frequently to those with DTI ratios of 30-36%, with 112 originations. The next most common DTI ratio? 20-30%, with 93 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications98.83%
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 origination72.02%
First Western Trust Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| 10675.0 | 1 | $1,765,000 | $1,765,000 |
| NA | 646 | $385,220,000 | $596,316 |