First Financial Northwest Bank Mortgage Rates, Fees & Info
Renton, WALEI: 5493003K18C4JU5UJ328
Tax ID: 91-0383363
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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, Bremerton, Ellensburg, Los Angeles, and Aberdeen among others. We have data for 10 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.
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Originations
93Origination Dollar Volume (All Markets)
$91,745,000Top 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) | 67 | $77,095,000 | $1,150,672 | $0 | 0.00% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 13 | $5,875,000 | $451,923 | $0 | 0.00% |
| Ellensburg, WA (FHA|USDA|VA) | 4 | $3,190,000 | $797,500 | $0 | 0.00% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 1 | $2,815,000 | $2,815,000 | $0 | 0.00% |
| Aberdeen, WA (FHA|USDA|VA) | 2 | $830,000 | $415,000 | $0 | 0.00% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 1 | $705,000 | $705,000 | $0 | 0.00% |
| Shelton, WA (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $0 | 0.00% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $0 | 0.00% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| Oak Harbor, WA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
Their top states include:
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 93 | $91,745,000 | $986,505 | $0 | 0.00% |
For 2023, First Financial Northwest Bank's most frequently originated type of loan was Conventional, with 93 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 73 | $81,515,000 | $1,116,644 | $0 | 0.00% |
| Refi | 10 | $5,910,000 | $591,000 | $0 | 0.00% |
| Cash Out Refi | 10 | $4,320,000 | $432,000 | $0 | 0.00% |
For 2023, First Financial Northwest Bank's most frequently cited loan purpose was Home Purchase, with 73 originations. The 2nd most popular reason was Refi, with 10 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 93 | $91,745,000 | $986,505 | $0 | 0.00% |
For 2023, First Financial Northwest Bank's most frequently cited loan duration was Other, with 93 originations.
Loan Sizing
2023 saw First Financial Northwest Bank place emphasis on $200k-400k loans with 29 originations, totaling $9,185,000 in origination value.
Applicant Income
First Financial Northwest Bank lent most frequently to those with incomes in the $250k+ range, with 34 originations. The second most popular income band? $150k-250k, with 16 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 93 | $91,745,000 | $986,505 | $0 | 0.00% |
First Financial Northwest Bank lent most frequently to those with DTI ratios of Exempt%, with 93 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications87.25%
First Financial Northwest Bank has an average approval rate.
Pick Rate
Approvals leading to origination72.04%
First Financial Northwest Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 93 | $91,745,000 | $986,505 |