First Western Trust Bank Mortgage Rates, Fees & Info

Denver, CO

LEI: 254900KI7219LQKCI772

Tax ID: 27-0083757

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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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, Steamboat Springs, and Jackson among others. We have data for 140 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.

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 6.27% 10/31/24
30 Year Conventional Refi 6.25% 10/31/24
30 Year Cash-out Refi 6.26% 10/31/24
30 Year FHA Purchase 7.23% 10/31/24
30 Year FHA Refi 6.27% 10/31/24
30 Year VA Purchase 6.16% 10/31/24
30 Year VA Refi 6.08% 10/31/24
30 Year USDA Purchase 6.45% 10/31/24
15 Year Conventional Purchase 5.68% 10/31/24
15 Year Conventional Refi 5.86% 10/31/24
15 Year Cash-out Refi 5.86% 10/31/24
15 Year FHA Refi 6.65% 10/31/24
15 Year VA Purchase 5.56% 10/31/24
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

1,357

Origination Dollar Volume (All Markets)

$833,615,000
Show all (9) awards

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) 523 $338,915,000 $648,021 $3,512 4.42%
FORT COLLINS, CO (FHA|USDA|VA) 266 $122,410,000 $460,188 $4,941 4.81%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 47 $37,575,000 $799,468 $6,961 4.47%
Steamboat Springs, CO (FHA|USDA|VA) 11 $33,775,000 $3,070,455 $4,121 3.95%
Jackson, WY-ID (FHA|USDA|VA) 27 $33,755,000 $1,250,185 $6,394 4.07%
GREELEY, CO (FHA|USDA|VA) 84 $33,160,000 $394,762 $5,231 4.78%
Outside of Metro Areas 59 $31,695,000 $537,203 $4,254 4.32%
BOULDER, CO (FHA|USDA|VA) 28 $23,060,000 $823,571 $3,357 4.00%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 4 $13,870,000 $3,467,500 $25,622 3.78%
Edwards, CO (FHA|USDA|VA) 15 $13,135,000 $875,667 $4,285 3.82%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 12 $12,170,000 $1,014,167 $8,193 4.35%
COLORADO SPRINGS, CO (FHA|USDA|VA) 31 $11,695,000 $377,258 $4,420 4.31%
Glenwood Springs, CO (FHA|USDA|VA) 9 $11,265,000 $1,251,667 $4,583 4.92%
Bozeman, MT (FHA|USDA|VA) 3 $10,645,000 $3,548,333 $11,342 4.58%
Breckenridge, CO (FHA|USDA|VA) 11 $6,665,000 $605,909 $3,934 4.05%
SANTA FE, NM (FHA|USDA|VA) 1 $6,005,000 $6,005,000 $0 4.50%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 4 $5,930,000 $1,482,500 $7,245 4.38%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 6 $4,700,000 $783,333 $6,189 4.92%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 7 $3,755,000 $536,429 $9,899 4.50%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 4 $3,300,000 $825,000 $7,060 4.44%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 3 $2,635,000 $878,333 $4,583 4.88%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 3 $2,345,000 $781,667 $6,079 4.21%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 2 $2,310,000 $1,155,000 $6,702 4.44%
CHEYENNE, WY (FHA|USDA|VA) 5 $2,025,000 $405,000 $5,458 4.90%
PUEBLO, CO (FHA|USDA|VA) 6 $1,960,000 $326,667 $3,348 5.31%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 6 $1,940,000 $323,333 $6,796 5.44%
Kapaa, HI (FHA|USDA|VA) 1 $1,825,000 $1,825,000 $13,745 4.88%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 3 $1,815,000 $605,000 $4,712 5.04%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 4 $1,680,000 $420,000 $3,436 4.88%
RALEIGH-CARY, NC (FHA|USDA|VA) 3 $1,635,000 $545,000 $7,429 5.21%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 2 $1,570,000 $785,000 $3,909 5.13%
Sevierville, TN (FHA|USDA|VA) 3 $1,495,000 $498,333 $6,122 5.21%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 3 $1,375,000 $458,333 $5,714 4.79%
LINCOLN, NE (FHA|USDA|VA) 5 $1,315,000 $263,000 $1,840 4.22%
Sandpoint, ID (FHA|USDA|VA) 1 $1,285,000 $1,285,000 $11,156 4.13%
Hilo, HI (FHA|USDA|VA) 2 $1,230,000 $615,000 $5,496 3.56%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 3 $1,215,000 $405,000 $9,291 5.08%
PANAMA CITY, FL (FHA|USDA|VA) 3 $1,205,000 $401,667 $8,064 4.58%
TULSA, OK (FHA|USDA|VA) 4 $1,070,000 $267,500 $6,458 5.84%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 1 $1,055,000 $1,055,000 $9,543 3.63%
GRAND JUNCTION, CO (FHA|USDA|VA) 3 $1,035,000 $345,000 $4,164 3.67%
Laramie, WY (FHA|USDA|VA) 2 $1,030,000 $515,000 $2,973 4.31%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $4,183 3.38%
FLAGSTAFF, AZ (FHA|USDA|VA) 2 $960,000 $480,000 $5,996 5.44%
ASHEVILLE, NC (FHA|USDA|VA) 2 $920,000 $460,000 $6,770 5.06%
SALT LAKE CITY, UT (FHA|USDA|VA) 2 $860,000 $430,000 $1,605 4.94%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 3 $855,000 $285,000 $5,320 4.75%
OKLAHOMA CITY, OK (FHA|USDA|VA) 4 $840,000 $210,000 $4,111 5.22%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $805,000 $805,000 $8,894 3.63%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 3 $785,000 $261,667 $2,504 4.04%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $785,000 $785,000 $12,052 3.25%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 1 $775,000 $775,000 $5,196 4.75%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 2 $730,000 $365,000 $8,259 3.31%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 2 $710,000 $355,000 $4,534 4.75%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 2 $710,000 $355,000 $2,998 3.75%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $705,000 $705,000 $20,642 6.75%
JACKSONVILLE, FL (FHA|USDA|VA) 1 $645,000 $645,000 $3,173 6.13%
Georgetown, SC (FHA|USDA|VA) 1 $645,000 $645,000 $6,456 5.38%
MONROE, LA (FHA|USDA|VA) 1 $645,000 $645,000 $6,089 4.00%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $645,000 $645,000 $4,527 4.88%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $625,000 $625,000 $5,363 3.25%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $585,000 $585,000 $2,123 2.38%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $585,000 $585,000 $13,869 5.25%
Durango, CO (FHA|USDA|VA) 2 $580,000 $290,000 $3,393 4.06%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $575,000 $575,000 $0 3.38%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 2 $570,000 $285,000 $3,563 3.69%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 2 $570,000 $285,000 $4,579 4.19%
BILLINGS, MT (FHA|USDA|VA) 1 $565,000 $565,000 $3,990 3.50%
Sheridan, WY (FHA|USDA|VA) 1 $515,000 $515,000 $2,375 5.25%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 1 $515,000 $515,000 $12,148 3.63%
PROVO-OREM, UT (FHA|USDA|VA) 1 $515,000 $515,000 $4,478 4.75%
IOWA CITY, IA (FHA|USDA|VA) 2 $510,000 $255,000 $3,794 5.88%
Fredericksburg, TX (FHA|USDA|VA) 1 $505,000 $505,000 $5,616 3.00%
Rock Springs, WY (FHA|USDA|VA) 3 $505,000 $168,333 $3,646 4.38%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $495,000 $495,000 $479 7.13%
ST. GEORGE, UT (FHA|USDA|VA) 1 $495,000 $495,000 $3,346 4.00%
STAUNTON, VA (FHA|USDA|VA) 2 $480,000 $240,000 $5,357 3.63%
EL PASO, TX (FHA|USDA|VA) 1 $475,000 $475,000 $9,537 5.38%
CASPER, WY (FHA|USDA|VA) 2 $460,000 $230,000 $4,149 4.44%
ROCHESTER, MN (FHA|USDA|VA) 2 $460,000 $230,000 $3,093 5.56%
Riverton, WY (FHA|USDA|VA) 1 $455,000 $455,000 $2,730 5.13%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 1 $445,000 $445,000 $11,286 6.25%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1 $445,000 $445,000 $1,574 4.50%
BATON ROUGE, LA (FHA|USDA|VA) 1 $415,000 $415,000 $8,952 5.63%
Sterling, CO (FHA|USDA|VA) 1 $405,000 $405,000 $0 5.38%
BOISE CITY, ID (FHA|USDA|VA) 1 $405,000 $405,000 $5,780 4.00%
GRANTS PASS, OR (FHA|USDA|VA) 1 $405,000 $405,000 $5,929 5.25%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $395,000 $395,000 $9,295 5.63%
ALBUQUERQUE, NM (FHA|USDA|VA) 2 $390,000 $195,000 $1,574 5.50%
KANSAS CITY, MO-KS (FHA|USDA|VA) 3 $385,000 $128,333 $3,251 4.83%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $385,000 $385,000 $18,372 4.50%
TOLEDO, OH (FHA|USDA|VA) 2 $380,000 $190,000 $7,386 7.75%
TUCSON, AZ (FHA|USDA|VA) 2 $380,000 $190,000 $4,485 4.63%
RICHMOND, VA (FHA|USDA|VA) 1 $365,000 $365,000 $0 3.25%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 1 $355,000 $355,000 $3,918 6.50%
Hillsdale, MI (FHA|USDA|VA) 3 $335,000 $111,667 $4,714 6.92%
Alamogordo, NM (FHA|USDA|VA) 2 $330,000 $165,000 $5,948 5.88%
ST. LOUIS, MO-IL (FHA|USDA|VA) 2 $330,000 $165,000 $2,690 5.44%
IDAHO FALLS, ID (FHA|USDA|VA) 1 $325,000 $325,000 $9,999 3.25%
MANKATO, MN (FHA|USDA|VA) 1 $325,000 $325,000 $4,885 5.00%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 4 $320,000 $80,000 $3,988 5.81%
LOUISVILLE, KY (FHA|USDA|VA) 1 $315,000 $315,000 $5,473 5.50%
ANCHORAGE, AK (FHA|USDA|VA) 1 $315,000 $315,000 $398 6.00%
SAVANNAH, GA (FHA|USDA|VA) 1 $305,000 $305,000 $6,928 6.13%
WILMINGTON, NC (FHA|USDA|VA) 1 $295,000 $295,000 $3,475 5.13%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 1 $295,000 $295,000 $6,308 4.13%
Hutchinson, MN (FHA|USDA|VA) 1 $295,000 $295,000 $5,460 3.13%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $285,000 $285,000 $3,767 5.38%
MEDFORD, OR (FHA|USDA|VA) 1 $285,000 $285,000 $4,113 3.25%
Fort Leonard Wood, MO (FHA|USDA|VA) 2 $280,000 $140,000 $2,253 4.69%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 2 $280,000 $140,000 $4,866 4.69%
SPRINGFIELD, MO (FHA|USDA|VA) 3 $275,000 $91,667 $2,705 4.67%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 1 $275,000 $275,000 $6,001 4.63%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 1 $265,000 $265,000 $3,500 6.13%
SALISBURY, MD-DE (FHA|USDA|VA) 1 $265,000 $265,000 $5,798 5.63%
RACINE, WI (FHA|USDA|VA) 1 $245,000 $245,000 $5,055 5.50%
Meadville, PA (FHA|USDA|VA) 2 $240,000 $120,000 $2,796 4.88%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $235,000 $235,000 $7,944 5.25%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $235,000 $235,000 $3,155 4.88%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 1 $225,000 $225,000 $0 3.25%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 1 $225,000 $225,000 $2,377 4.00%
New Philadelphia-Dover, OH (FHA|USDA|VA) 1 $215,000 $215,000 $7,809 3.63%
Seneca, SC (FHA|USDA|VA) 1 $215,000 $215,000 $0 6.63%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $205,000 $205,000 $5,490 4.75%
KNOXVILLE, TN (FHA|USDA|VA) 1 $205,000 $205,000 $0 6.00%
FAYETTEVILLE, NC (FHA|USDA|VA) 1 $205,000 $205,000 $9,539 5.13%
FORT SMITH, AR-OK (FHA|USDA|VA) 1 $195,000 $195,000 $948 6.63%
Mountain Home, AR (FHA|USDA|VA) 1 $195,000 $195,000 $4,443 5.25%
WINSTON-SALEM, NC (FHA|USDA|VA) 1 $185,000 $185,000 $4,726 6.50%
MIDLAND, TX (FHA|USDA|VA) 1 $165,000 $165,000 $0 4.88%
MADERA, CA (FHA|USDA|VA) 1 $165,000 $165,000 $3,506 4.25%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $155,000 $155,000 $3,348 3.25%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $145,000 $145,000 $419 4.50%
BLOOMINGTON, IL (FHA|USDA|VA) 1 $145,000 $145,000 $5,381 6.63%
DULUTH, MN-WI (FHA|USDA|VA) 1 $135,000 $135,000 $1,485 4.38%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 1 $125,000 $125,000 $2,651 4.50%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $125,000 $125,000 $5,063 6.13%
Branson, MO (FHA|USDA|VA) 1 $115,000 $115,000 $2,493 4.38%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $105,000 $105,000 $4,289 7.13%
Hermiston-Pendleton, OR (FHA|USDA|VA) 1 $65,000 $65,000 $2,713 3.50%
First Western Trust Bank's top markets include Denver, Fort Collins, Phoenix, Steamboat Springs, and Jackson among others.

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

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,254 $788,980,000 $629,171 $4,142 4.55%
    VA 72 $33,000,000 $458,333 $9,321 4.61%
    FHA 29 $10,985,000 $378,793 $9,947 4.66%
    USDA 2 $650,000 $325,000 $5,519 4.19%

    For 2022, First Western Trust Bank's most frequently originated type of loan was Conventional, with 1,254 originations. Their 2nd most popular type was VA, with 72 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,035 $584,715,000 $564,942 $4,437 4.73%
    Cash Out Refi 225 $164,495,000 $731,089 $5,198 4.11%
    Refi 94 $57,150,000 $607,979 $4,194 3.77%
    Home Improvement 2 $3,860,000 $1,930,000 $5,266 3.19%
    Other 1 $23,395,000 $23,395,000 $0 3.50%

    For 2022, First Western Trust Bank's most frequently cited loan purpose was Home Purchase, with 1,035 originations. The 2nd most popular reason was Cash Out Refi, with 225 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,295 $765,135,000 $590,838 $4,588 4.58%
    15 Year 25 $7,685,000 $307,400 $3,068 3.40%
    Other 14 $12,750,000 $910,714 $1,836 4.79%
    10 Year 9 $12,645,000 $1,405,000 $2,483 3.69%
    5 Year 7 $33,355,000 $4,765,000 $17,125 4.61%
    20 Year 6 $1,570,000 $261,667 $3,345 3.98%
    3 Year 1 $475,000 $475,000 $0 3.83%

    For 2022, First Western Trust Bank's most frequently cited loan duration was 30 Year, with 1,295 originations. The 2nd most popular length was 15 Year, with 25 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 771 $491,395,000 $637,348
    $1k-2k 225 $118,925,000 $528,556
    $2k-3k 111 $43,575,000 $392,568
    $5k+ 107 $74,415,000 $695,467
    $3k-4k 81 $32,085,000 $396,111
    $4k-5k 41 $19,945,000 $486,463

    First Western Trust Bank's average total fees were $4,588, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 771 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 451 $319,935,000 $709,390
    4-5% 378 $227,330,000 $601,402
    5-6% 316 $154,000,000 $487,342
    6-7% 120 $55,380,000 $461,500
    2.5-3% 69 $69,865,000 $1,012,536
    7-8% 18 $5,090,000 $282,778
    <2.5% 4 $1,930,000 $482,500
    Over 8% 1 $85,000 $85,000

    During 2022, First Western Trust Bank's average interest rate for loans was 4.58%, while their most frequently originated rate bucket for loans was 3-4%, with 451 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $400k-600k 422 $207,710,000 $492,204 $4,485 4.60%
    $200k-400k 393 $120,885,000 $307,595 $4,296 4.80%
    $600k-1MM 285 $208,125,000 $730,263 $4,164 4.29%
    $1MM+ 139 $279,565,000 $2,011,259 $7,345 3.99%
    $100k-200k 106 $16,440,000 $155,094 $3,387 4.85%
    $100,000 or less 12 $890,000 $74,167 $3,133 5.08%

    2022 saw First Western Trust Bank place emphasis on $400k-600k loans with 422 originations, totaling $207,710,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 354 $191,570,000 $541,158 $4,220 4.69%
    $250k+ 346 $360,120,000 $1,040,809 $5,229 4.24%
    $100k-150k 322 $137,200,000 $426,087 $4,439 4.70%
    $75k-100k 155 $57,045,000 $368,032 $4,858 4.63%
    $50k-75k 137 $37,415,000 $273,102 $3,807 4.70%
    $50k or less 24 $5,030,000 $209,583 $3,286 4.25%

    First Western Trust Bank lent most frequently to those with incomes in the $150k-250k range, with 354 originations. The second most popular income band? $250k+, with 346 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 271 $169,995,000 $627,288 $3,936 4.29%
    30-36% 253 $152,425,000 $602,470 $4,290 4.55%
    <20% 105 $83,535,000 $795,571 $4,330 4.11%
    42% 61 $36,795,000 $603,197 $4,200 4.73%
    39% 55 $29,505,000 $536,455 $4,265 4.77%
    41% 55 $32,755,000 $595,545 $4,239 4.52%
    40% 51 $31,025,000 $608,333 $4,707 4.60%
    37% 50 $36,440,000 $728,800 $3,967 4.37%
    45% 50 $25,070,000 $501,400 $6,130 4.83%
    36% 49 $28,045,000 $572,347 $4,347 4.44%
    44% 48 $20,920,000 $435,833 $4,218 5.09%
    38% 47 $24,135,000 $513,511 $4,502 4.65%
    49% 44 $19,890,000 $452,045 $4,808 4.93%
    43% 42 $18,540,000 $441,429 $4,676 5.21%
    47% 40 $16,650,000 $416,250 $4,172 4.90%
    48% 39 $20,245,000 $519,103 $4,582 4.80%
    46% 38 $20,100,000 $528,947 $4,027 4.66%
    50-60% 37 $21,215,000 $573,378 $12,766 4.71%
    >60% 3 $1,595,000 $531,667 $3,552 4.67%

    First Western Trust Bank lent most frequently to those with DTI ratios of 20-30%, with 271 originations. The next most common DTI ratio? 30-36%, with 253 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,056 $624,180,000 $591,080 $4,638 4.57%
    Not provided 142 $77,190,000 $543,592 $4,595 4.64%
    Asian 102 $63,390,000 $621,471 $3,621 4.26%
    Not applicable 17 $44,375,000 $2,610,294 $0 4.15%
    Black 16 $10,620,000 $663,750 $7,010 5.39%
    Asian Indian 15 $8,515,000 $567,667 $2,040 4.32%
    American Indian 4 $1,520,000 $380,000 $4,378 5.88%
    Native Hawaiian or Islander 2 $1,250,000 $625,000 $2,125 5.56%
    Other Asian 1 $1,245,000 $1,245,000 $350 2.88%
    Filipino 1 $1,165,000 $1,165,000 $4,779 4.88%
    Other Pacific Islander 1 $165,000 $165,000 $2,836 3.63%

    Approval Rates

    Total approvals of all applications
    99.45%

    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
    76.05%

    First Western Trust Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    6861.5 1 $955,000 $955,000
    NA 1,356 $832,660,000 $614,056

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,357 $833,615,000 $614,307

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 70 $51,150,000 $730,714 $5,050 4.26%
    40-60% 200 $158,390,000 $791,950 $4,125 4.31%
    60-80% 584 $357,430,000 $612,038 $4,387 4.52%
    80-100% 475 $255,465,000 $537,821 $4,380 4.76%
    Over 100% 18 $8,390,000 $466,111 $17,072 4.47%
    Under 20% 10 $2,790,000 $279,000 $3,297 4.14%

    Complaints

    Bank Name Product Issue 2022 CPFB Complaints % of Total Issues
    FIRST CITIZENS BANCSHARES, INC. Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 1 100.0%