First Financial Northwest Bank Mortgage Rates, Fees & Info
Renton, WALEI: 5493003K18C4JU5UJ328
Tax ID: 91-0383363
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
First Financial Northwest Bank is a smaller bank specializing in Home Purchase loans. First Financial Northwest Bank has a high proportion of conventional loans. Their top markets by origination volume include: Seattle, Aberdeen, Ellensburg, Bellingham, and Olympia among others. We have data for 12 markets. (Some data included below & more in-depth data is available with an active subscription.)First Financial Northwest Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.
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.
Originations
55Origination Dollar Volume (All Markets)
$42,385,000Top 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 |
|---|---|---|---|---|---|
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 39 | $35,515,000 | $910,641 | $0 | 0.00% |
| Aberdeen, WA (FHA|USDA|VA) | 2 | $1,770,000 | $885,000 | $0 | 0.00% |
| Ellensburg, WA (FHA|USDA|VA) | 2 | $1,540,000 | $770,000 | $0 | 0.00% |
| BELLINGHAM, WA (FHA|USDA|VA) | 2 | $690,000 | $345,000 | $0 | 0.00% |
| Outside of Metro Areas | 2 | $520,000 | $260,000 | $0 | 0.00% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $0 | 0.00% |
| BEND, OR (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $0 | 0.00% |
| Oak Harbor, WA (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 0.00% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 0.00% |
| Port Angeles, WA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 0.00% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 55 | $42,385,000 | $770,636 | $0 | 0.00% |
For 2024, First Financial Northwest Bank's most frequently originated type of loan was Conventional, with 55 originations.
Loan Reason
For 2024, First Financial Northwest Bank's most frequently cited loan purpose was Home Purchase, with 43 originations. The 2nd most popular reason was Refi, with 9 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 55 | $42,385,000 | $770,636 | $0 | 0.00% |
For 2024, First Financial Northwest Bank's most frequently cited loan duration was Other, with 55 originations.
Loan Sizing
2024 saw First Financial Northwest Bank place emphasis on $200k-400k loans with 16 originations, totaling $4,580,000 in origination value.
Applicant Income
First Financial Northwest Bank lent most frequently to those with incomes in the $250k+ range, with 15 originations. The second most popular income band? $100k-150k, with 8 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 55 | $42,385,000 | $770,636 | $0 | 0.00% |
First Financial Northwest Bank lent most frequently to those with DTI ratios of Exempt%, with 55 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications85.71%
First Financial Northwest Bank has an average approval rate.
Pick Rate
Approvals leading to origination78.18%
First Financial Northwest Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 55 | $42,385,000 | $770,636 |