Peoples State Bank Mortgage Rates, Fees & Info
Manhattan, KSLEI: 2549006HZDO3SULWNR95
Tax ID: 48-0308430
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Peoples State Bank is a smaller bank specializing in Refi and Home Purchase loans. Peoples State Bank has a high proportion of conventional loans. Their top markets by origination volume include: Kansas City, Manhattan, Branson, Miami, and Denver among others. We have data for 14 markets. (Some data included below & more in-depth data is available with an active subscription.)Peoples State Bank has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.
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Originations
182Origination Dollar Volume (All Markets)
$47,130,000Top 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 |
|---|---|---|---|---|---|
| Outside of Metro Areas | 65 | $13,965,000 | $214,846 | $0 | 0.00% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 27 | $11,565,000 | $428,333 | $0 | 0.00% |
| MANHATTAN, KS (FHA|USDA|VA) | 73 | $10,415,000 | $142,671 | $0 | 0.00% |
| Branson, MO (FHA|USDA|VA) | 1 | $7,255,000 | $7,255,000 | $0 | 0.00% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $1,625,000 | $1,625,000 | $0 | 0.00% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 1 | $705,000 | $705,000 | $0 | 0.00% |
| TOPEKA, KS (FHA|USDA|VA) | 4 | $530,000 | $132,500 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $0 | 0.00% |
| Ottawa, KS (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| LAWRENCE, KS (FHA|USDA|VA) | 3 | $125,000 | $41,667 | $0 | 0.00% |
| Salina, KS (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 2 | $110,000 | $55,000 | $0 | 0.00% |
| Pittsburg, KS (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 182 | $47,130,000 | $258,956 | $0 | 0.00% |
For 2023, Peoples State Bank's most frequently originated type of loan was Conventional, with 182 originations.
Loan Reason
For 2023, Peoples State Bank's most frequently cited loan purpose was Refi, with 108 originations. The 2nd most popular reason was Home Purchase, with 64 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 182 | $47,130,000 | $258,956 | $0 | 0.00% |
For 2023, Peoples State Bank's most frequently cited loan duration was Other, with 182 originations.
Loan Sizing
2023 saw Peoples State Bank place emphasis on $100,000 or less loans with 85 originations, totaling $4,165,000 in origination value.
Applicant Income
Peoples State Bank lent most frequently to those with incomes in the $50k or less range, with 30 originations. The second most popular income band? $50k-75k, with 26 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 182 | $47,130,000 | $258,956 | $0 | 0.00% |
Peoples State Bank lent most frequently to those with DTI ratios of Exempt%, with 182 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications98.41%
Peoples State Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination97.80%
Peoples State Bank has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 182 | $47,130,000 | $258,956 |