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

2021 Data | 2020 Data | 2019 Data | 2018 Data


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 include Denver, Fort Collins, Greeley, Boulder, and Colorado Springs among others. First Western Trust Bank has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. First Western Trust Bank is typically an average fee lendor.


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 rate mortgage of loans were 2.96%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of -0.19%.

Relative Fees

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

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

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.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average 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 the 2021 period, First Western Trust Bank's most frequently originated loan type of loans were Conventional, with 3,095 originations. Their 2nd most popular type is VA, with 160 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average 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 the 2021, First Western Trust Bank's most frequently cited loan purpose of loans were Home Purchase, with 1,303 originations. The 2nd most popular reason of loans were 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 the 2021, First Western Trust Bank's most frequently cited loan length of loans were 30 Year, with 2,915 originations. The 2nd most popular length of loans were 15 Year, with 253 originations.

Origination Fees

Origination Fee 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 107 $45,265,000 $423,037
$5k+ 53 $32,605,000 $615,189

$3,842 of loans were First Western Trust Bank's average total fees, while their most frequently occuring range of origination fees 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 of loans were 2.96%, while their most frequently originated rate bucket of loans were 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 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
98.67%

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
78.68%

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