First Western Trust Bank Mortgage Rates, Fees & Info

Denver, CO

LEI: 254900KI7219LQKCI772

Tax ID: 27-0083757

5 stars - out of 5 stars, based on 58 reviews

Latest/2021 | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • SimulatedRates™
  • Bank Data

    Review & Overview

    First Western Trust Bank is a small bank specializing in Home Purchase, Refi, and Cash Out Refi 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, Greeley, Boulder, and Colorado Springs among others. We have data for 174 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 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.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.


    SimulatedRates™

    Mortgage Type
    Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.67% 12/4/22
    30 Year Conventional Refi 6.53% 12/4/22
    30 Year Cash-out Refi 6.69% 12/4/22
    30 Year FHA Purchase 7.42% 12/4/22
    30 Year FHA Refi 7.08% 12/4/22
    30 Year VA Purchase 6.41% 12/4/22
    30 Year VA Refi 6.11% 12/4/22
    30 Year USDA Purchase 6.99% 12/4/22
    30 Year USDA Refi 6.60% 12/4/22
    15 Year Conventional Purchase 5.92% 12/4/22
    15 Year Conventional Refi 5.80% 12/4/22
    15 Year Cash-out Refi 5.80% 12/4/22
    15 Year VA Refi 5.91% 12/4/22
    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.


    Originations

    3,315

    Origination Dollar Volume (All Markets)

    $1,422,455,000

    Employee count

    352 Show all (13) awards

    Relative Rate

    First Western Trust Bank's average 30 year fixed mortgage rate was 2.96%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of -0.19%.

    Relative Fees (Closing Costs)

    First Western Trust Bank's average total fees/closing costs for a 30 year fixed rate mortgage were $3,842.

    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 $4,750.

    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) 1,433 $667,945,000 $466,117 $3,496 2.89%
    FORT COLLINS, CO (FHA|USDA|VA) 720 $259,030,000 $359,764 $3,496 2.90%
    GREELEY, CO (FHA|USDA|VA) 203 $72,995,000 $359,581 $3,975 2.96%
    BOULDER, CO (FHA|USDA|VA) 98 $49,900,000 $509,184 $3,329 2.85%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 80 $29,610,000 $370,125 $4,166 2.92%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 36 $28,720,000 $797,778 $5,370 3.05%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 73 $28,705,000 $393,219 $4,133 2.92%
    Outside of Metro Areas 62 $25,800,000 $416,129 $3,949 2.89%
    Glenwood Springs, CO (FHA|USDA|VA) 18 $22,230,000 $1,235,000 $4,402 3.12%
    Breckenridge, CO (FHA|USDA|VA) 29 $15,805,000 $545,000 $3,919 2.92%
    Edwards, CO (FHA|USDA|VA) 23 $14,535,000 $631,957 $3,840 2.91%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 25 $14,315,000 $572,600 $4,371 2.80%
    Jackson, WY-ID (FHA|USDA|VA) 19 $14,095,000 $741,842 $3,695 2.90%
    GRAND JUNCTION, CO (FHA|USDA|VA) 6 $12,640,000 $2,106,667 $3,026 3.33%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 14 $10,410,000 $743,571 $4,853 2.92%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 10 $7,370,000 $737,000 $3,480 2.80%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 15 $7,345,000 $489,667 $5,288 2.81%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 6 $3,590,000 $598,333 $5,691 2.96%
    ROCHESTER, MN (FHA|USDA|VA) 19 $3,575,000 $188,158 $4,126 3.21%
    CHEYENNE, WY (FHA|USDA|VA) 11 $3,315,000 $301,364 $5,270 2.82%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 11 $3,285,000 $298,636 $3,963 2.89%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 11 $3,235,000 $294,091 $3,402 2.90%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 7 $3,155,000 $450,714 $5,187 3.02%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 9 $3,155,000 $350,556 $7,353 3.15%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 8 $3,110,000 $388,750 $4,364 2.83%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 14 $2,930,000 $209,286 $4,505 3.34%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 10 $2,880,000 $288,000 $3,428 3.00%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 4 $2,840,000 $710,000 $7,004 2.72%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 5 $2,785,000 $557,000 $5,246 2.85%
    PUEBLO, CO (FHA|USDA|VA) 13 $2,735,000 $210,385 $3,508 2.98%
    Montrose, CO (FHA|USDA|VA) 6 $2,710,000 $451,667 $5,851 3.14%
    TUCSON, AZ (FHA|USDA|VA) 8 $2,590,000 $323,750 $3,268 3.58%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 4 $2,490,000 $622,500 $4,218 2.94%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 8 $2,360,000 $295,000 $4,972 2.61%
    PROVO-OREM, UT (FHA|USDA|VA) 8 $2,280,000 $285,000 $2,817 2.86%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 5 $2,265,000 $453,000 $3,685 2.80%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 4 $2,230,000 $557,500 $4,189 2.81%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 5 $2,155,000 $431,000 $6,296 3.28%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 4 $2,130,000 $532,500 $5,285 2.84%
    Bozeman, MT (FHA|USDA|VA) 7 $2,115,000 $302,143 $3,729 2.82%
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 5 $2,095,000 $419,000 $3,066 2.62%
    Key West, FL (FHA|USDA|VA) 2 $1,950,000 $975,000 $5,364 2.88%
    Steamboat Springs, CO (FHA|USDA|VA) 4 $1,730,000 $432,500 $3,956 3.25%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 10 $1,640,000 $164,000 $4,562 3.24%
    Durango, CO (FHA|USDA|VA) 4 $1,630,000 $407,500 $3,371 2.81%
    BILLINGS, MT (FHA|USDA|VA) 4 $1,560,000 $390,000 $9,910 2.88%
    JACKSONVILLE, FL (FHA|USDA|VA) 6 $1,480,000 $246,667 $3,604 3.02%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 5 $1,475,000 $295,000 $4,759 3.05%
    Hilo, HI (FHA|USDA|VA) 3 $1,455,000 $485,000 $4,674 2.58%
    Kapaa, HI (FHA|USDA|VA) 3 $1,435,000 $478,333 $4,506 2.91%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 4 $1,430,000 $357,500 $4,522 2.78%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 2 $1,390,000 $695,000 $6,914 2.94%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 8 $1,340,000 $167,500 $3,269 3.22%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 5 $1,315,000 $263,000 $4,920 2.98%
    FLAGSTAFF, AZ (FHA|USDA|VA) 2 $1,290,000 $645,000 $4,350 3.06%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 2 $1,270,000 $635,000 $3,722 2.69%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $1,155,000 $1,155,000 $4,898 3.13%
    LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 4 $1,150,000 $287,500 $3,281 3.06%
    BOISE CITY, ID (FHA|USDA|VA) 3 $1,105,000 $368,333 $5,948 3.04%
    SALINAS, CA (FHA|USDA|VA) 2 $1,040,000 $520,000 $2,885 2.81%
    FAYETTEVILLE, NC (FHA|USDA|VA) 9 $975,000 $108,333 $3,217 3.25%
    KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 1 $945,000 $945,000 $9,586 3.00%
    Heber, UT (FHA|USDA|VA) 2 $930,000 $465,000 $4,790 3.12%
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 3 $905,000 $301,667 $2,257 2.58%
    RALEIGH-CARY, NC (FHA|USDA|VA) 2 $890,000 $445,000 $3,038 2.56%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 4 $880,000 $220,000 $3,465 3.22%
    Truckee-Grass Valley, CA (FHA|USDA|VA) 2 $880,000 $440,000 $4,674 2.75%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 5 $865,000 $173,000 $3,210 3.16%
    BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 2 $850,000 $425,000 $11,445 3.06%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 5 $845,000 $169,000 $4,670 3.22%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 3 $825,000 $275,000 $3,243 2.75%
    Laramie, WY (FHA|USDA|VA) 3 $825,000 $275,000 $3,275 2.88%
    SALT LAKE CITY, UT (FHA|USDA|VA) 3 $805,000 $268,333 $3,796 2.92%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 4 $800,000 $200,000 $3,636 3.47%
    OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 2 $770,000 $385,000 $5,672 2.81%
    SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 1 $755,000 $755,000 $3,549 2.88%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $750,000 $375,000 $5,154 3.00%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 3 $725,000 $241,667 $3,135 3.21%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 4 $720,000 $180,000 $2,697 2.88%
    COLUMBUS, OH (FHA|USDA|VA) 3 $695,000 $231,667 $3,061 2.54%
    ST. GEORGE, UT (FHA|USDA|VA) 2 $670,000 $335,000 $3,157 3.38%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $645,000 $645,000 $5,916 3.13%
    ALBUQUERQUE, NM (FHA|USDA|VA) 4 $640,000 $160,000 $3,043 2.81%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 2 $620,000 $310,000 $4,877 3.43%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 2 $600,000 $300,000 $4,594 2.94%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 4 $570,000 $142,500 $4,278 3.81%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 3 $565,000 $188,333 $5,562 2.96%
    WINSTON-SALEM, NC (FHA|USDA|VA) 3 $555,000 $185,000 $2,727 3.33%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 1 $545,000 $545,000 $2,576 3.13%
    ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 1 $545,000 $545,000 $4,707 2.88%
    Outside of Metro Areas 1 $545,000 $545,000 $4,539 2.99%
    CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 1 $535,000 $535,000 $4,319 3.25%
    RENO, NV (FHA|USDA|VA) 1 $525,000 $525,000 $5,213 2.88%
    EAU CLAIRE, WI (FHA|USDA|VA) 1 $525,000 $525,000 $4,581 3.25%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 1 $525,000 $525,000 $3,623 3.38%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 2 $520,000 $260,000 $3,588 2.88%
    OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 2 $520,000 $260,000 $2,468 3.00%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $505,000 $505,000 $6,362 3.50%
    SANTA FE, NM (FHA|USDA|VA) 1 $505,000 $505,000 $3,660 2.50%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $505,000 $505,000 $6,530 2.50%
    SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 1 $495,000 $495,000 $3,125 3.38%
    LAFAYETTE, LA (FHA|USDA|VA) 2 $490,000 $245,000 $4,690 3.38%
    ST. CLOUD, MN (FHA|USDA|VA) 1 $485,000 $485,000 $11,920 2.25%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 1 $475,000 $475,000 $10,309 2.88%
    EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $475,000 $475,000 $6,142 3.25%
    Scottsbluff, NE (FHA|USDA|VA) 2 $470,000 $235,000 $3,146 2.69%
    SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 1 $445,000 $445,000 $3,344 2.63%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 1 $445,000 $445,000 $3,385 2.63%
    SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 2 $440,000 $220,000 $2,248 2.75%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 2 $430,000 $215,000 $2,904 3.38%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $415,000 $415,000 $3,937 2.50%
    IDAHO FALLS, ID (FHA|USDA|VA) 2 $410,000 $205,000 $3,748 3.06%
    SPRINGFIELD, MO (FHA|USDA|VA) 1 $405,000 $405,000 $3,761 3.00%
    KNOXVILLE, TN (FHA|USDA|VA) 1 $395,000 $395,000 $3,732 2.50%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 2 $390,000 $195,000 $2,699 2.69%
    SPRINGFIELD, MA (FHA|USDA|VA) 1 $385,000 $385,000 $4,327 3.00%
    STOCKTON, CA (FHA|USDA|VA) 2 $380,000 $190,000 $5,388 3.44%
    WICHITA, KS (FHA|USDA|VA) 1 $375,000 $375,000 $10,966 3.00%
    ASHEVILLE, NC (FHA|USDA|VA) 1 $365,000 $365,000 $3,931 3.63%
    KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $355,000 $355,000 $3,911 2.63%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 1 $355,000 $355,000 $4,099 2.75%
    HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 1 $345,000 $345,000 $2,439 2.63%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $345,000 $345,000 $10,112 2.75%
    MONTGOMERY, AL (FHA|USDA|VA) 1 $335,000 $335,000 $3,370 2.88%
    DULUTH, MN-WI (FHA|USDA|VA) 2 $330,000 $165,000 $3,142 2.88%
    CaƱon City, CO (FHA|USDA|VA) 2 $320,000 $160,000 $2,185 2.63%
    BATON ROUGE, LA (FHA|USDA|VA) 3 $315,000 $105,000 $3,027 2.88%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 2 $310,000 $155,000 $2,852 2.88%
    Brownwood, TX (FHA|USDA|VA) 1 $305,000 $305,000 $5,301 3.13%
    PITTSBURGH, PA (FHA|USDA|VA) 1 $305,000 $305,000 $4,791 3.38%
    Fernley, NV (FHA|USDA|VA) 1 $295,000 $295,000 $3,843 3.00%
    El Campo, TX (FHA|USDA|VA) 1 $285,000 $285,000 $7,927 3.13%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $285,000 $285,000 $3,799 2.25%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $275,000 $275,000 $5,680 3.75%
    JACKSONVILLE, NC (FHA|USDA|VA) 1 $275,000 $275,000 $1,999 2.63%
    Fort Morgan, CO (FHA|USDA|VA) 1 $275,000 $275,000 $2,510 2.99%
    GRANTS PASS, OR (FHA|USDA|VA) 1 $255,000 $255,000 $5,320 2.50%
    Sandpoint, ID (FHA|USDA|VA) 1 $255,000 $255,000 $3,124 2.99%
    NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 1 $255,000 $255,000 $3,337 2.25%
    GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $255,000 $255,000 $4,402 3.13%
    STAUNTON, VA (FHA|USDA|VA) 1 $255,000 $255,000 $9,047 3.63%
    Thomasville, GA (FHA|USDA|VA) 2 $250,000 $125,000 $3,575 3.31%
    LONGVIEW, WA (FHA|USDA|VA) 1 $245,000 $245,000 $2,285 2.38%
    Kalispell, MT (FHA|USDA|VA) 1 $235,000 $235,000 $2,808 3.50%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $235,000 $235,000 $3,329 3.75%
    BELLINGHAM, WA (FHA|USDA|VA) 1 $235,000 $235,000 $2,289 3.13%
    OCALA, FL (FHA|USDA|VA) 1 $225,000 $225,000 $1,931 2.63%
    Riverton, WY (FHA|USDA|VA) 1 $225,000 $225,000 $3,031 3.25%
    Alamogordo, NM (FHA|USDA|VA) 1 $225,000 $225,000 $8,507 2.75%
    FAIRBANKS, AK (FHA|USDA|VA) 1 $215,000 $215,000 $3,468 2.75%
    CORVALLIS, OR (FHA|USDA|VA) 1 $205,000 $205,000 $2,590 3.13%
    GRAND ISLAND, NE (FHA|USDA|VA) 1 $195,000 $195,000 $3,156 2.38%
    ELKHART-GOSHEN, IN (FHA|USDA|VA) 1 $195,000 $195,000 $2,444 2.63%
    LANCASTER, PA (FHA|USDA|VA) 1 $185,000 $185,000 $4,430 2.88%
    Cullowhee, NC (FHA|USDA|VA) 1 $185,000 $185,000 $3,691 2.63%
    BISMARCK, ND (FHA|USDA|VA) 1 $175,000 $175,000 $3,518 2.88%
    JOPLIN, MO (FHA|USDA|VA) 1 $175,000 $175,000 $2,743 2.88%
    Traverse City, MI (FHA|USDA|VA) 1 $165,000 $165,000 $2,507 2.50%
    WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) 1 $165,000 $165,000 $2,714 3.13%
    UTICA-ROME, NY (FHA|USDA|VA) 1 $165,000 $165,000 $3,255 2.38%
    TULSA, OK (FHA|USDA|VA) 1 $155,000 $155,000 $3,926 2.38%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $155,000 $155,000 $2,350 2.38%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $155,000 $155,000 $2,868 3.13%
    Hays, KS (FHA|USDA|VA) 1 $145,000 $145,000 $3,115 2.63%
    BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 1 $135,000 $135,000 $3,566 3.49%
    ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 1 $135,000 $135,000 $3,187 2.25%
    TOLEDO, OH (FHA|USDA|VA) 1 $125,000 $125,000 $4,011 3.00%
    Oskaloosa, IA (FHA|USDA|VA) 1 $115,000 $115,000 $2,318 2.00%
    Rexburg, ID (FHA|USDA|VA) 1 $115,000 $115,000 $3,151 2.75%
    Searcy, AR (FHA|USDA|VA) 1 $115,000 $115,000 $1,767 3.63%
    Hillsdale, MI (FHA|USDA|VA) 1 $105,000 $105,000 $4,062 3.63%
    SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $105,000 $105,000 $2,935 3.88%
    RAPID CITY, SD (FHA|USDA|VA) 1 $75,000 $75,000 $2,930 2.63%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $65,000 $65,000 $3,242 3.38%
    First Western Trust Bank's top markets include Denver, Fort Collins, Greeley, Boulder, and Colorado Springs among others.

    Their top states include:
  • Colorado (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Wyoming (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 3,095 $1,330,165,000 $429,779 $3,467 2.94%
    VA 160 $70,600,000 $441,250 $6,661 2.52%
    FHA 57 $20,865,000 $366,053 $8,889 2.69%
    USDA 3 $825,000 $275,000 $5,979 2.71%

    For 2021, First Western Trust Bank's most frequently originated type of loan was Conventional, with 3,095 originations. Their 2nd most popular type was VA, with 160 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,303 $642,595,000 $493,166 $4,552 3.01%
    Refi 1,236 $467,720,000 $378,414 $2,958 2.75%
    Cash Out Refi 739 $295,375,000 $399,696 $3,570 3.01%
    Home Improvement 37 $16,765,000 $453,108 $2,756 2.83%

    For 2021, First Western Trust Bank's most frequently cited loan purpose was Home Purchase, with 1,303 originations. The 2nd most popular reason was Refi, with 1,236 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,915 $1,266,615,000 $434,516 $3,842 2.96%
    15 Year 253 $76,005,000 $300,415 $2,802 2.40%
    20 Year 95 $28,405,000 $299,000 $2,687 2.66%
    10 Year 22 $4,820,000 $219,091 $2,385 2.34%
    Other 16 $9,630,000 $601,875 $2,867 3.19%
    5 Year 10 $32,200,000 $3,220,000 $0 4.04%
    3 Year 4 $4,780,000 $1,195,000 $0 3.72%

    For 2021, First Western Trust Bank's most frequently cited loan duration was 30 Year, with 2,915 originations. The 2nd most popular length was 15 Year, with 253 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 2,682 $1,146,860,000 $427,614
    $1k-2k 285 $91,315,000 $320,404
    $2k-3k 169 $63,695,000 $376,893
    $3k-4k 57 $22,085,000 $387,456
    $5k+ 53 $32,605,000 $615,189
    $4k-5k 50 $23,180,000 $463,600

    First Western Trust Bank's average total fees were $3,842, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 2,682 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 1,689 $747,135,000 $442,353
    3-4% 1,033 $471,065,000 $456,016
    <2.5% 577 $194,615,000 $337,288
    4-5% 16 $9,640,000 $602,500

    During 2021, First Western Trust Bank's average interest rate for loans was 2.96%, while their most frequently originated rate bucket for loans was 2.5-3%, with 1,689 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,445 $435,375,000 $301,298 $3,388 2.90%
    $400k-600k 1,052 $511,450,000 $486,169 $3,935 2.89%
    $100k-200k 393 $62,065,000 $157,926 $2,867 2.89%
    $600k-1MM 266 $197,950,000 $744,173 $5,148 3.04%
    $1MM+ 116 $212,120,000 $1,828,621 $5,957 3.07%
    $100,000 or less 43 $3,495,000 $81,279 $2,836 2.90%

    2021 saw First Western Trust Bank place emphasis on $200k-400k loans with 1,445 originations, totaling $435,375,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 866 $323,230,000 $373,245 $3,634 2.90%
    $150k-250k 819 $361,605,000 $441,520 $3,639 2.95%
    $250k+ 505 $356,935,000 $706,802 $4,298 3.00%
    $75k-100k 502 $169,200,000 $337,052 $3,654 2.88%
    $50k-75k 412 $119,390,000 $289,782 $3,728 2.84%
    $50k or less 193 $50,085,000 $259,508 $3,028 2.70%

    First Western Trust Bank lent most frequently to those with incomes in the $100k-150k range, with 866 originations. The second most popular income band? $150k-250k, with 819 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 826 $353,980,000 $428,547 $3,354 2.86%
    30-36% 641 $277,825,000 $433,424 $3,784 2.95%
    <20% 341 $144,995,000 $425,205 $3,220 2.81%
    41% 137 $57,215,000 $417,628 $3,849 2.99%
    42% 115 $48,655,000 $423,087 $3,986 3.01%
    36% 115 $45,645,000 $396,913 $3,814 2.93%
    40% 112 $49,590,000 $442,768 $3,754 2.98%
    39% 110 $43,880,000 $398,909 $3,769 2.92%
    38% 108 $44,040,000 $407,778 $3,725 2.97%
    44% 108 $39,840,000 $368,889 $3,470 3.00%
    37% 106 $56,060,000 $528,868 $3,804 2.96%
    43% 97 $36,335,000 $374,588 $3,858 3.03%
    45% 90 $31,820,000 $353,556 $4,014 2.93%
    47% 76 $25,630,000 $337,237 $3,535 2.96%
    49% 74 $26,590,000 $359,324 $4,360 2.87%
    46% 69 $26,365,000 $382,101 $4,338 2.94%
    48% 65 $23,315,000 $358,692 $4,580 2.96%
    50-60% 43 $26,065,000 $606,163 $9,108 2.85%
    >60% 5 $1,275,000 $255,000 $5,661 2.70%

    First Western Trust Bank lent most frequently to those with DTI ratios of 20-30%, with 826 originations. The next most common DTI ratio? 30-36%, with 641 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,847 $1,190,635,000 $418,207 $3,711 2.90%
    Asian 200 $87,040,000 $435,200 $3,616 2.92%
    Not provided 159 $68,745,000 $432,358 $3,823 2.98%
    Not applicable 17 $41,715,000 $2,453,824 $0 3.93%
    Black 57 $20,655,000 $362,368 $3,872 2.89%
    American Indian 18 $5,800,000 $322,222 $4,468 3.17%
    Asian Indian 6 $2,800,000 $466,667 $2,785 2.73%
    Native Hawaiian or Islander 3 $1,405,000 $468,333 $3,535 2.75%
    Other Asian 2 $1,060,000 $530,000 $2,478 3.06%
    Korean 2 $1,020,000 $510,000 $3,913 2.87%
    Chinese 2 $740,000 $370,000 $3,052 2.88%
    Japanese 1 $485,000 $485,000 $3,025 3.00%
    Other Pacific Islander 1 $355,000 $355,000 $9,831 2.99%

    Approval Rates

    Total approvals of all applications
    99.25%

    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 origination
    81.27%

    First Western Trust Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 3,315 $1,422,455,000 $429,097

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    3,315 $1,422,455,000 $429,097

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 265 $87,375,000 $329,717 $3,038 2.72%
    40-60% 758 $285,060,000 $376,069 $3,102 2.81%
    60-80% 1,435 $657,705,000 $458,331 $3,570 3.01%
    80-100% 797 $368,665,000 $462,566 $4,277 2.92%
    Over 100% 34 $17,040,000 $501,176 $16,373 2.69%
    Under 20% 26 $6,610,000 $254,231 $3,183 2.52%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    FIRST UNITED BANK AND TRUST COMPANY Conventional home mortgage Closing on a mortgage 1 100.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    First Western Trust Bank 10457 Park Meadows Drive Suite 300 Lone Tree, CO 80124 Full Service B&M $21,654
    First Western Trust Bank 6501 E Belleview Ave, Ste 200 Englewood, CO 80111 Full Service B&M $145,416
    First Western Trust Bank 690 S. Us Hwy 89, Suite 260 Jackson, WY 83001 Full Service Retail $43,233
    First Western Trust Bank 7025 N Scottsdale Rd Scottsdale, AZ 85253 Full Service B&M $177,174
    First Western Trust Bank 1155 Canyon Blvd, Ste 300 Boulder, CO 80302 Full Service B&M $162,686
    First Western Trust Bank 137 Benchmark Drive, Suite C Avon, CO 81620 Full Service B&M $16,066
    First Western Trust Bank 1900 16th Street, Suite 1200 Denver, CO 80202 Full Service B&M $561,890
    First Western Trust Bank 1901 Avenue Of The Stars, Ste 200 Los Angeles, CA 90067 Limited, Trust Office $0
    First Western Trust Bank 201 N Mill St, Suite 203 Aspen, CO 81611 Full Service B&M $42,862
    First Western Trust Bank 233 Milwaukee Street Denver, CO 80206 Full Service B&M $143,908
    First Western Trust Bank 2425 E Camelback Rd, Ste 100 Phoenix, AZ 85016 Full Service B&M $74,790
    First Western Trust Bank 3003 E Harmony Rd, Ste 200 Fort Collins, CO 80528 Full Service B&M $289,465
    First Western Trust Bank 390 Interlocken Crescent, Suite 680 Broomfield, CO 80021 Full Service B&M $13,456

    For 2021, First Western Trust Bank had 13 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $65,110
    Net interest income $61,243
    Total noninterest income $50,857
    Gross Fiduciary activities income $20,176
    Service charges on deposit accounts $779
    Trading account gains and fees $0
    Additional Noninterest Income $29,902
    Pre-tax net operating income $28,596
    Securities gains (or losses, -) $468
    Income before extraordinary items $22,274
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $22,274
    Minority interest net income $0
    Net income $22,274
    Sale, conversion, retirement of capital stock, net $2,904
    Net operating income $21,904

    First Western Trust Bank's gross interest income from loans was $65,110,000.
    First Western Trust Bank's net interest income from loans was $61,243,000.
    First Western Trust Bank's fee based income from loans was $779,000.
    First Western Trust Bank's net income from loans was $22,274,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $3,867
    Provision for credit losses $1,230
    Total noninterest expense $82,274
    Salaries and employee benefits $54,905
    Premises and equipment expense $5,988
    Additional noninterest expense $21,381
    Applicable income taxes $6,790
    Net charge-offs $37
    Cash dividends $0

    First Western Trust Bank's interest expense for loans was $3,867,000.
    First Western Trust Bank's payroll and benefits expense were $54,905,000.
    First Western Trust Bank's property, plant and equipment expenses $5,988,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $2,223,827
    Deposits held in domestic offices $2,223,827
    Deposits by Individuals, partnerships, and corporations $2,064,351
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $154,217
    Deposits by Commercial banks and other depository institutions in U.S. $5,259
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $964,368
    Demand deposits $654,428
    Nontransaction accounts $1,259,459
    Money market deposit accounts (MMDAs) $1,056,668
    Other savings deposits (excluding MMDAs) $32,299
    Total time deposits $170,492
    Total time and savings deposits $1,569,399
    Noninterest-bearing deposits $654,428
    Interest-bearing deposits $1,569,399
    Retail deposits $2,126,647
    IRAs and Keogh plan accounts $3,708
    Brokered deposits $22,315
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $2,522,046
    Cash & Balances due from depository institutions $385,491
    Interest-bearing balances $375,554
    Total securities $56,921
    Federal funds sold & reverse repurchase $1,491
    Net loans and leases $1,964,047
    Loan and leases loss allowance $13,732
    Trading account assets $0
    Bank premises and fixed assets $33,435
    Other real estate owned $0
    Goodwill and other intangibles $31,902
    All other assets $48,759

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $2,522,046
    Total Liabilities $2,288,629
    Total deposits $2,223,827
    Interest-bearing deposits $1,569,399
    Deposits held in domestic offices $2,223,827
    % insured (estimated) $45
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $38,629
    Subordinated debt $0
    All other liabilities $26,173

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,964,047
    Loan and leases loss allowance $13,732
    Total loans and leases (domestic) $1,977,779
    All real estate loans $1,482,441
    Real estate loans in domestic offices $1,482,441
    Construction and development loans $173,916
    Residential 1-4 family construction $26,219
    Other construction, all land development and other land $147,697
    Loans secured by nonfarm nonresidential properties $608,791
    Nonfarm nonresidential secured by owner-occupied properties $210,400
    Commercial real estate & other non-farm, non-residential $398,391
    Multifamily residential real estate $82,790
    1-4 family residential loans $613,641
    Farmland loans $3,303
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $388,585
    To non-U.S. addressees $0
    Loans to individuals $106,699
    Credit card loans $0
    Related Plans $50,601
    Consumer Auto Loans $157
    Other loans to individuals $55,941
    All other loans & leases $54
    Loans to foreign governments and official institutions $0
    Other loans $37
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $54
    Non 1-4 family restructured loans & leases $54
    Total loans and leases (foreign) $0

    First Western Trust Bank had $1,964,047,000 of loans outstanding in 2021. $1,482,441,000 of loans were in real estate loans. $173,916,000 of loans were in development loans. $82,790,000 of loans were in multifamily mortgage loans. $613,641,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $157,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 152 $57,900 $380,921
    Nonfarm, nonresidential loans - <$100k 13 $299 $23,000
    Nonfarm, nonresidential loans - $100-250k 24 $3,229 $134,542
    Nonfarm, nonresidential loans - $250k-1MM 115 $54,372 $472,800
    Commercial & Industrial, US addressed loans - <$1MM 547 $42,410 $77,532
    Commercial & Industrial, US addressed loans - <$100k 372 $4,829 $12,981
    Commercial & Industrial, US addressed loans - $100-250k 79 $6,308 $79,848
    Commercial & Industrial, US addressed loans - $250k-1MM 96 $31,273 $325,760
    Farmland loans - <$1MM 1 $157 $157,000
    Farmland loans - $100-250k 1 $157 $157,000