# FirstBank

> **Canonical URL:** https://saferate.com/lenders/firstbank-co


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


FirstBank is a bank, headquartered in Lakewood, CO, serving borrowers across 3 states, with 985 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 48% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 45% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 5493009V3WNJX9V2GZ85
- **Headquarters:** Lakewood, CO
- **Geographic Reach:** Regional
- **States Served:** 3
- **State List:** AZ, CA, CO
- **Markets (MSAs):** 8
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Sound ☺️
- Score: 52/100
- Rating: ●●●○○ (3/5)

### Pull Through: Sound ☺️
- Score: 55/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** -0.276%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,217
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 985
- **Dollar Volume:** $549 million
- **Applications Received:** 1,513
- **Market Share:** 3.00%

## Typical Borrower Profile

- **Average Loan Amount:** $557,832
- **Average Borrower Income:** $235,158
- **Average Property Value:** $894,888

## Safe Rate Awards 🏆

- ⭐ **Jumbo Gold Superstar** (70%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 64/100 | 811 | -0.294% | $1,316 | Strong 😀 |
| Jumbo | 83/100 | 169 | -0.222% | $736 | Exceptional 🤩 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 680 loans, Score: 64/100 (Strong)
- Refinance: 131 loans, Score: 64/100 (Strong)

**Jumbo:**
- Purchase: 137 loans, Score: 83/100 (Exceptional)
- Refinance: 32 loans, Score: 81/100 (Exceptional)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 65/100 | 822 | $459M | -0.302% | Strong 😀 |
| Refinance | 66/100 | 163 | $90M | -0.154% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| CO | 881 | 1.06% | 88/100 |
| AZ | 84 | 0.08% | 61/100 |
| CA | 20 | 0.01% | 41/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Denver | CO | 493 | 85/100 |
| Non |  | 146 | 57/100 |
| Phoenix | AZ | 83 | 62/100 |
| Fort Collins | CO | 75 | 75/100 |
| Greeley, CO | CO | 65 | 73/100 |
| Boulder, CO | CO | 57 | 67/100 |
| Colorado Springs, CO | CO | 44 | 60/100 |
| Riverside | CA | 18 | 45/100 |

## Where This Lender Ranks

FirstBank appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in Greeley, CO for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/greeley-co/best-mortgage-lenders/banks/jumbo-loans)
- 🥈 **#2** in Greeley, CO for Jumbo Loans
  - [View Full Rankings](https://saferate.com/greeley-co/best-mortgage-lenders/jumbo-loans)
- 🥉 **#3** in Fort Collins for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/fort-collins/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#5** in Fort Collins for Jumbo Loans
  - [View Full Rankings](https://saferate.com/fort-collins/best-mortgage-lenders/jumbo-loans)
- 🏆 **#5** in Greeley, CO Banks
  - [View Full Rankings](https://saferate.com/greeley-co/best-mortgage-lenders/banks)
- 🏆 **#5** in Boulder, CO for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/boulder-co/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#6** in Colorado for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/colorado/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#6** in Denver for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/denver/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#6** in Fort Collins Banks
  - [View Full Rankings](https://saferate.com/fort-collins/best-mortgage-lenders/banks)
- 🏆 **#6** in Boulder, CO Banks
  - [View Full Rankings](https://saferate.com/boulder-co/best-mortgage-lenders/banks)
- 🏆 **#8** in Boulder, CO for Jumbo Loans
  - [View Full Rankings](https://saferate.com/boulder-co/best-mortgage-lenders/jumbo-loans)
- 🏆 **#9** in Fort Collins for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/fort-collins/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#9** in Greeley, CO for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/greeley-co/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#9** in Boulder, CO for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/boulder-co/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#10** in Colorado for Jumbo Loans
  - [View Full Rankings](https://saferate.com/colorado/best-mortgage-lenders/jumbo-loans)
- 🏆 **#10** in Denver for Jumbo Loans
  - [View Full Rankings](https://saferate.com/denver/best-mortgage-lenders/jumbo-loans)
- 🏆 **#11** in Denver Banks
  - [View Full Rankings](https://saferate.com/denver/best-mortgage-lenders/banks)
- 🏆 **#11** in Colorado Springs, CO Banks
  - [View Full Rankings](https://saferate.com/colorado-springs-co/best-mortgage-lenders/banks)
- 🏆 **#11** in Colorado Springs, CO for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/colorado-springs-co/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#13** in Denver for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/denver/best-mortgage-lenders/banks/conventional-loans)

## Frequently Asked Questions

### What loan types does FirstBank offer?

FirstBank offers the following mortgage loan types: Conventional, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does FirstBank offer mortgages?

FirstBank offers mortgages in 3 states: AZ, CA, CO.

### How competitive are FirstBank's mortgage rates?

FirstBank has a pricing score of 52/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.276% below market average.

### What type of lender is FirstBank?

FirstBank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Lakewood, CO.

### What is FirstBank's loan approval success rate?

FirstBank has a pull-through score of 55/100 (Sound). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/firstbank-co

### How to Cite

> "FirstBank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/firstbank-co

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