The Peoples Bank Biloxi Mississippi Mortgage Rates, Fees & Info
Biloxi, MSLEI: 254900AVP2JVTYYT3V92
Tax ID: 64-0220430
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
The Peoples Bank Biloxi Mississippi is a smaller bank specializing in Refi and Home Purchase loans. The Peoples Bank Biloxi Mississippi has a high proportion of conventional loans. Their top markets by origination volume include: Gulfport, Mobile, Daphne, Oxford, and Starkville among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)The Peoples Bank Biloxi Mississippi has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.
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Originations
139Origination Dollar Volume (All Markets)
$23,805,000Top 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 |
|---|---|---|---|---|---|
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 133 | $20,595,000 | $154,850 | $0 | 0.00% |
| MOBILE, AL (FHA|USDA|VA) | 1 | $1,685,000 | $1,685,000 | $0 | 0.00% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 2 | $1,030,000 | $515,000 | $0 | 0.00% |
| Oxford, MS (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $175,000 | $175,000 | $0 | 0.00% |
| Starkville, MS (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 139 | $23,805,000 | $171,259 | $0 | 0.00% |
For 2022, The Peoples Bank Biloxi Mississippi's most frequently originated type of loan was Conventional, with 139 originations.
Loan Reason
For 2022, The Peoples Bank Biloxi Mississippi's most frequently cited loan purpose was Refi, with 70 originations. The 2nd most popular reason was Home Purchase, with 56 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 139 | $23,805,000 | $171,259 | $0 | 0.00% |
For 2022, The Peoples Bank Biloxi Mississippi's most frequently cited loan duration was Other, with 139 originations.
Loan Sizing
2022 saw The Peoples Bank Biloxi Mississippi place emphasis on $100,000 or less loans with 61 originations, totaling $3,325,000 in origination value.
Applicant Income
The Peoples Bank Biloxi Mississippi lent most frequently to those with incomes in the $50k-75k range, with 32 originations. The second most popular income band? $50k or less, with 25 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 139 | $23,805,000 | $171,259 | $0 | 0.00% |
The Peoples Bank Biloxi Mississippi lent most frequently to those with DTI ratios of Exempt%, with 139 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications84.95%
The Peoples Bank Biloxi Mississippi has a below average approval rate.
Pick Rate
Approvals leading to origination86.33%
The Peoples Bank Biloxi Mississippi has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 139 | $23,805,000 | $171,259 |