Mortgage lender · Denver, CO · LEI 254900KI7219LQKCI772

First Western Trust Bank review: approval odds, rates and grade (2025)

First Western Trust Bank earns an A, placing it in the top fifth of mid-size mortgage lenders. It turned down 0.7% of the applications it decided on in 2025, which ranks in the 99th percentile for approval odds. Its median loan was priced 0.06 points below the average prime offer rate, ranking in the 83rd percentile on pricing. Compared against 581 mid-size mortgage lenders using 2025 HMDA filings.

1.3kApplications2025
77.6%Originatedof applications
0.7%Decision denial ratenational 22.6%
6.25%Median ratenational 6.63%
$637MLoan volume43 states

First Western Trust Bank at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

0.6%Denial rate (all applications)-17.42 pts vs national
0.7%Denial rate (decided applications)-21.91 pts vs national
77.6%Origination rate+19.58 pts vs national
17.5%Withdrawn by applicant
0.2%Closed for incompleteness
6.25%Median interest rate-0.38 pts vs national
-0.06Median rate spread (pts over APOR)-0.31 pts vs national
$445,000Median loan amount
$3,861Median total loan costs
$167kMedian applicant income
80%Median loan-to-value
0High-cost (HOEPA) loans

How the A grade breaks down

Each component is a percentile rank among 581 mid-size mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

99th0.7% denied

Pricingmedian rate spread over APOR, weight 30%

83rd-0.06 pts

Processwithdrawn + incomplete share, weight 15%

47th17.6%

Closing coststotal loan costs ÷ loan amount, weight 10%

93rd0.87% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20238566471.2%1.5%6.50%$387M
20241,1708900.8%1.0%6.63%$504M
20251,2559740.6%0.7%6.25%$637M

What First Western Trust Bank lends

Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.

By loan purpose

Home purchase 946 75% · 0.4% denied
Refinance 209 17% · 1.0% denied
Cash-out refinance 94 7% · 1.1% denied
Home improvement 3 0% · 0.0% denied
Other / HELOC 3 0% · 0.0% denied

By loan type

Conventional 1,042 83% · 0.5% denied
FHA 115 9% · 1.7% denied
VA 94 7% · 0.0% denied
USDA / RHS 4 0% · 0.0% denied

Also: 0 home-equity lines, 0 reverse mortgages, 27 manufactured homes, 133 investment properties.

Why First Western Trust Bank denies applications

Primary reason reported for each of the 7 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Credit history 3 43%
Other 2 29%
Debt-to-income ratio 2 29%

How these reasons compare nationally →

Who gets approved at First Western Trust Bank

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
$50k – $100k2732100.0%
$100k – $150k2531961.0%
$150k – $250k3272640.4%
Over $250k3692751.0%
Applicant ageApplicationsOriginatedDecision denial rate
Under 2546360.0%
25–343362690.7%
35–443452650.4%
45–542531851.5%
55–641571210.8%
65–7490750.0%
Over 7422170.0%

Where First Western Trust Bank lends

43 states and 187 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Colorado8826940.3%6.25%#67
Wyoming1401050.7%6.25%#43
Texas32243.1%6.19%#787
Arizona21180.0%6.38%#415
California21170.0%6.38%#631
Florida2080.0%6.50%#759
Montana12100.0%6.00%#166
Idaho970.0%6.13%#275
Ohio970.0%6.50%#629
South Carolina960.0%6.50%#557
Arkansas740.0%6.81%#374
North Carolina760.0%6.88%#693
Oklahoma760.0%6.69%#443
New Mexico640.0%5.56%#303
Oregon650.0%6.13%#417
Virginia660.0%6.31%#630
Illinois530.0%6.50%#774
Tennessee540.0%6.81%#725

Frequently asked questions

First Western Trust Bank denied 0.7% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 99th percentile of mid-size mortgage lenders.

The most common reason First Western Trust Bank gave in 2025 was "credit history", cited on 42.9% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.

The median interest rate on loans First Western Trust Bank originated in 2025 was 6.25%, and its median rate spread over the average prime offer rate was -0.06 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 75% of its applications were for home purchases, 24% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 83% conventional, 9% FHA, 7% VA.

Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with First Western Trust Bank. Data sources · Methodology