Peoples Bank & Trust Co. Mortgage Rates, Fees & Info

Troy, MO

LEI: 254900605M87QWWATV97

Tax ID: 43-0453380

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Mortgage Data

Review & Overview

Peoples Bank & Trust Co. is a smaller bank specializing in Home Purchase and Refi loans. Peoples Bank & Trust Co. has a high proportion of conventional loans. Their top markets by origination volume include: St. Louis, Kansas City, Jefferson City, Kirksville, and Branson among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)

Peoples Bank & Trust Co. has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.

We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

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SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
30 Year Conventional Purchase 6.24% 3/28/24
30 Year Conventional Refi 6.42% 3/28/24
30 Year Cash-out Refi 6.51% 3/28/24
15 Year Conventional Purchase 6.83% 3/28/24
15 Year Conventional Refi 6.12% 3/28/24
15 Year Cash-out Refi 6.12% 3/28/24
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

Peoples Bank & Trust Co. Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Peoples Bank & Trust Co.. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

137

Origination Dollar Volume (All Markets)

$29,005,000

Top 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
ST. LOUIS, MO-IL (FHA|USDA|VA) 108 $22,550,000 $208,796 $0 0.00%
Outside of Metro Areas 20 $4,960,000 $248,000 $0 0.00%
KANSAS CITY, MO-KS (FHA|USDA|VA) 1 $415,000 $415,000 $0 0.00%
JEFFERSON CITY, MO (FHA|USDA|VA) 1 $255,000 $255,000 $0 0.00%
Kirksville, MO (FHA|USDA|VA) 1 $245,000 $245,000 $0 0.00%
Branson, MO (FHA|USDA|VA) 1 $195,000 $195,000 $0 0.00%
Hannibal, MO (FHA|USDA|VA) 1 $185,000 $185,000 $0 0.00%
Mexico, MO (FHA|USDA|VA) 3 $155,000 $51,667 $0 0.00%
Fort Madison-Keokuk, IA-IL-MO (FHA|USDA|VA) 1 $45,000 $45,000 $0 0.00%
Peoples Bank & Trust Co.'s top markets include St. Louis, Kansas City, Jefferson City, Kirksville, and Branson among others.

Their top states include:
  • Missouri (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against PEOPLES BANK & TRUST CO. based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    1ST MIDAMERICA
    Similarity Rank: 286
    CNB Bank And Trust, N.A.
    Similarity Rank: 323
    FIRST COMMUNITY
    Similarity Rank: 336
    First National Bank of Waterloo
    Similarity Rank: 340
    United Bank of Union
    Similarity Rank: 360
    VANTAGE Credit Union
    Similarity Rank: 371
    Bank of Hillsboro
    Similarity Rank: 459
    ALLIANCE CREDIT UNION
    Similarity Rank: 520
    ALLTRU Federal Credit Union
    Similarity Rank: 573

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 137 $29,005,000 $211,715 $0 0.00%

    For 2023, Peoples Bank & Trust Co.'s most frequently originated type of loan was Conventional, with 137 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 59 $15,545,000 $263,475 $0 0.00%
    Refi 41 $11,265,000 $274,756 $0 0.00%
    Home Improvement 17 $885,000 $52,059 $0 0.00%
    Other 17 $855,000 $50,294 $0 0.00%
    Cash Out Refi 3 $455,000 $151,667 $0 0.00%

    For 2023, Peoples Bank & Trust Co.'s most frequently cited loan purpose was Home Purchase, with 59 originations. The 2nd most popular reason was Refi, with 41 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 137 $29,005,000 $211,715 $0 0.00%

    For 2023, Peoples Bank & Trust Co.'s most frequently cited loan duration was Other, with 137 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 62 $3,250,000 $52,419 $0 0.00%
    $100k-200k 37 $5,305,000 $143,378 $0 0.00%
    $200k-400k 26 $7,550,000 $290,385 $0 0.00%
    $400k-600k 7 $3,445,000 $492,143 $0 0.00%
    $1MM+ 3 $7,765,000 $2,588,333 $0 0.00%
    $600k-1MM 2 $1,690,000 $845,000 $0 0.00%

    2023 saw Peoples Bank & Trust Co. place emphasis on $100,000 or less loans with 62 originations, totaling $3,250,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 26 $4,260,000 $163,846 $0 0.00%
    $50k-75k 19 $2,165,000 $113,947 $0 0.00%
    $75k-100k 16 $2,010,000 $125,625 $0 0.00%
    $150k-250k 14 $2,080,000 $148,571 $0 0.00%
    $250k+ 13 $1,855,000 $142,692 $0 0.00%
    $50k or less 12 $870,000 $72,500 $0 0.00%

    Peoples Bank & Trust Co. lent most frequently to those with incomes in the $100k-150k range, with 26 originations. The second most popular income band? $50k-75k, with 19 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 137 $29,005,000 $211,715 $0 0.00%

    Peoples Bank & Trust Co. lent most frequently to those with DTI ratios of Exempt%, with 137 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 102 $14,330,000 $140,490 $0 0.00%
    Not applicable 31 $13,945,000 $449,839 $0 0.00%
    Not provided 4 $730,000 $182,500 $0 0.00%

    Approval Rates

    Total approvals of all applications
    92.89%

    Peoples Bank & Trust Co. has an average approval rate.

    Pick Rate

    Approvals leading to origination
    81.75%

    Peoples Bank & Trust Co. has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 137 $29,005,000 $211,715

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    137 $29,005,000 $211,715