Purchase Originations
222
Median Total Costs
$5,444
−18.5% vs national ($6,680)
↑ $319 vs prior year
Median Rate
6.250%
−3.7% vs national (6.490%)
↓ 0.240% vs prior year
Median Origination
$2,641
Median Lender Credits
$108
Denial Rate
4.7%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 170 | 6.490% | $5,233 | $2,745 |
| fha | 26 | 5.995% | $9,287 | $2,088 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Minnesota | 115 | 6.250% | $5,607 | #87 |
| North Dakota | 100 | 6.250% | $5,358 | #16 |
| South Dakota | 3 | 6.250% | $5,305 | — |
| Arizona | 1 | 6.875% | $6,160 | — |
| Michigan | 1 | 6.500% | $1 | — |
| Pennsylvania | 1 | 6.500% | $5,327 | — |
| Texas | 1 | 6.250% | $21,820 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,346 | 6.375% | — | 2 | −$2,098 | |
| 2 | $3,870 | 6.125% | — | 39 | −$1,574 | |
| 3 | $4,173 | 6.188% | — | 2 | −$1,271 | |
| 4 | $4,735 | 5.990% | — | 2 | −$709 | |
| 5 | $4,882 | 6.312% | — | 4 | −$562 | |
| 6 | $5,177 | 6.124% | — | 31 | −$267 | |
| 7 | $5,189 | 5.625% | — | 6 | −$255 | |
| 8 | $5,204 | 5.990% | — | 3 | −$240 | |
| 9 | $5,262 | 6.990% | — | 3 | −$182 | |
| 10 | $5,411 | 6.500% | — | 2 | −$33 | |
| 11 | $5,577 | 6.312% | — | 8 | +$133 | |
| 12 | $5,585 | 6.375% | — | 10 | +$141 | |
| 13 | $5,725 | 6.375% | — | 9 | +$281 | |
| 14 | $6,156 | 6.750% | — | 5 | +$712 | |
| 15 | $6,224 | 6.470% | — | 20 | +$780 | |
| 16 | $6,899 | 6.500% | — | 15 | +$1,455 | |
| 17 | $7,070 | 6.250% | — | 19 | +$1,626 | |
| 18 | $7,181 | 6.250% | — | 3 | +$1,737 | |
| 19 | $8,009 | 6.300% | — | 6 | +$2,565 | |
| 20 | $9,006 | 5.990% | — | 3 | +$3,562 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2025. Sorted by median total loan costs.
Peer set: the 50 highest-volume U.S. mortgage lenders in 2025 (min. 8,254 purchase originations).
| Metric | First Western Bank & Trust | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $255,000 | $335,000 | −$80,000 (−23.9%) |
| Median total closing costs | $5,444 | $7,127 | −$1,683 (−23.6%) |
Other high-volume lenders side-by-side.
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Data source: HMDA Modified Loan Application Register 2025, published by the Consumer Financial Protection Bureau (CFPB).
Statistics reflect originated first-lien purchase mortgages on owner-occupied principal residences. Medians exclude loans with exempt or unreported fee disclosures. Learn more at ffiec.cfpb.gov.