First Peoples Bank Mortgage Rates, Fees & Info
PINE MOUNTAIN, GALEI: 549300107HDIK6N8E812
Tax ID: 58-1745484
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
First Peoples Bank is a smaller bank specializing in Home Purchase and Refi loans. First Peoples Bank has a high proportion of conventional loans. Their top markets by origination volume include: Auburn, Atlanta, Columbus, Alexander City, and Lagrange among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)First Peoples Bank has an above average approval rate when compared to the average across all 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.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
Originations
63Origination Dollar Volume (All Markets)
$8,385,000Top 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 |
|---|---|---|---|---|---|
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 6 | $2,800,000 | $466,667 | $0 | 0.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 16 | $2,150,000 | $134,375 | $0 | 0.00% |
| COLUMBUS, GA-AL (FHA|USDA|VA) | 29 | $1,895,000 | $65,345 | $0 | 0.00% |
| Alexander City, AL (FHA|USDA|VA) | 2 | $1,010,000 | $505,000 | $0 | 0.00% |
| LaGrange, GA-AL (FHA|USDA|VA) | 10 | $530,000 | $53,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 63 | $8,385,000 | $133,095 | $0 | 0.00% |
For 2018, First Peoples Bank's most frequently originated type of loan was Conventional, with 63 originations.
Loan Reason
For 2018, First Peoples Bank's most frequently cited loan purpose was Home Purchase, with 29 originations. The 2nd most popular reason was Refi, with 24 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 63 | $8,385,000 | $133,095 | $0 | 0.00% |
For 2018, First Peoples Bank's most frequently cited loan duration was Other, with 63 originations.
Loan Sizing
2018 saw First Peoples Bank place emphasis on $100,000 or less loans with 42 originations, totaling $1,930,000 in origination value.
Applicant Income
First Peoples Bank lent most frequently to those with incomes in the $50k-75k range, with 15 originations. The second most popular income band? $50k or less, with 11 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 63 | $8,385,000 | $133,095 | $0 | 0.00% |
First Peoples Bank lent most frequently to those with DTI ratios of Exempt%, with 63 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications100.00%
First Peoples 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 originationPoints and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 63 | $8,385,000 | $133,095 |
Occupancy Type Mix
Complaints
| Bank Name | Product | Issue | 2018 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| FIRST HORIZON BANK | Conventional home mortgage | Struggling to pay mortgage | 3 | 21.4% |
| FIRST HORIZON BANK | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 7.1% |
| FIRST HORIZON BANK | Home equity loan or line of credit (HELOC) | Trouble during payment process | 1 | 7.1% |
| FIRST HORIZON BANK | Other type of mortgage | Trouble during payment process | 1 | 7.1% |
| FIRST HORIZON BANK | Home equity loan or line of credit (HELOC) | Problem with a credit reporting company's investigation into an existing problem | 1 | 7.1% |
| FIRST HORIZON BANK | Home equity loan or line of credit (HELOC) | Incorrect information on your report | 1 | 7.1% |
| FIRST HORIZON BANK | FHA mortgage | Trouble during payment process | 1 | 7.1% |
| FIRST HORIZON BANK | Conventional home mortgage | Trouble during payment process | 5 | 35.7% |