# First Western Bank & Trust

> **Canonical URL:** https://saferate.com/lenders/first-western-bank-trust

> **📋 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

First Western Bank & Trust is a bank, headquartered in Minot, ND, serving borrowers across 13 states, with 274 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 42% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 36% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 5493005A0757T9GRRI44
- **Headquarters:** Minot, ND
- **Geographic Reach:** Multi-Region
- **States Served:** 13
- **State List:** CO, FL, GA, IL, IN, MI, MN, MT, ND, SC, SD, TX, WI
- **Markets (MSAs):** 5
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Sound ☺️
- Score: 58/100
- Rating: ●●●○○ (3/5)

### Pull Through: Strong 😀
- Score: 64/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** -0.138%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $2,825
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 274
- **Dollar Volume:** $82 million
- **Applications Received:** 373
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $300,949
- **Average Borrower Income:** $136,938

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (63%)
- ⭐ **FHA Gold Superstar** (65%)
- ⭐ **Purchase Gold Superstar** (63%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 66/100 | 232 | -0.125% | $2,903 | Strong 😀 |
| FHA | 56/100 | 23 | -0.084% | $1,890 | Sound ☺️ |
| VA | 60/100 | 15 | -0.574% | $2,584 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 208 loans, Score: 66/100 (Strong)
- Refinance: 24 loans, Score: 36/100 (Acceptable)

**FHA:**
- Purchase: 21 loans, Score: 55/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 64/100 | 246 | $73M | -0.133% | Strong 😀 |
| Refinance | 35/100 | 28 | $9M | -0.182% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| MN | 142 | 0.22% | 71/100 |
| ND | 117 | 1.60% | 75/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 126 | 61/100 |
| Minot, ND | ND | 48 | 74/100 |
| Minneapolis | MN-WI | 32 | 55/100 |
| Bismarck, ND | ND | 27 | 62/100 |
| Fargo, ND | ND-MN | 26 | 59/100 |

## Frequently Asked Questions

### What loan types does First Western Bank & Trust offer?

First Western Bank & Trust offers the following mortgage loan types: FHA, Conventional, VA. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does First Western Bank & Trust offer mortgages?

First Western Bank & Trust offers mortgages in 13 states: CO, FL, GA, IL, IN, MI, MN, MT, ND, SC, SD, TX, WI.

### How competitive are First Western Bank & Trust's mortgage rates?

First Western Bank & Trust has a pricing score of 58/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.138% below market average.

### What type of lender is First Western Bank & Trust?

First Western Bank & Trust is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Minot, ND.

### What is First Western Bank & Trust's loan approval success rate?

First Western Bank & Trust has a pull-through score of 64/100 (Strong). 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:** 2026-05-29
**Canonical URL:** https://saferate.com/lenders/first-western-bank-trust

### How to Cite

> "First Western Bank & Trust Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/first-western-bank-trust

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