Peoples Bank Mortgage Rates, Fees & Info
Mendenhall, MSLEI: 54930032OCUOR526IR93
Tax ID: 64-0220470
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Peoples Bank is a smaller bank specializing in Home Purchase and Cash Out Refi loans. They have a a high proportion of FHA loans. Peoples Bank has an average proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Jackson, New York, Atlanta, Chicago, and Detroit among others. We have data for 139 markets. (Some data included below & more in-depth data is available with an active subscription.)Peoples Bank 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.
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
361Origination Dollar Volume (All Markets)
$88,775,000Top 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 | 33 | $7,465,000 | $226,212 | $0 | 0.00% |
| JACKSON, MS (FHA|USDA|VA) | 48 | $7,390,000 | $153,958 | $0 | 0.00% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 14 | $5,160,000 | $368,571 | $0 | 0.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 10 | $2,470,000 | $247,000 | $0 | 0.00% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 10 | $2,410,000 | $241,000 | $0 | 0.00% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 9 | $2,205,000 | $245,000 | $0 | 0.00% |
| HATTIESBURG, MS (FHA|USDA|VA) | 23 | $2,085,000 | $90,652 | $0 | 0.00% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 3 | $2,005,000 | $668,333 | $0 | 0.00% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 7 | $1,885,000 | $269,286 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 5 | $1,605,000 | $321,000 | $0 | 0.00% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 3 | $1,435,000 | $478,333 | $0 | 0.00% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 5 | $1,365,000 | $273,000 | $0 | 0.00% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 4 | $1,290,000 | $322,500 | $0 | 0.00% |
| COLUMBUS, OH (FHA|USDA|VA) | 4 | $1,250,000 | $312,500 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 4 | $1,220,000 | $305,000 | $0 | 0.00% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 3 | $1,215,000 | $405,000 | $0 | 0.00% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 2 | $1,180,000 | $590,000 | $0 | 0.00% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 4 | $1,150,000 | $287,500 | $0 | 0.00% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 3 | $1,145,000 | $381,667 | $0 | 0.00% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 3 | $1,125,000 | $375,000 | $0 | 0.00% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 3 | $1,105,000 | $368,333 | $0 | 0.00% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 3 | $1,105,000 | $368,333 | $0 | 0.00% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 3 | $1,085,000 | $361,667 | $0 | 0.00% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 2 | $1,050,000 | $525,000 | $0 | 0.00% |
| SPRINGFIELD, MO (FHA|USDA|VA) | 3 | $875,000 | $291,667 | $0 | 0.00% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 3 | $875,000 | $291,667 | $0 | 0.00% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 3 | $855,000 | $285,000 | $0 | 0.00% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 5 | $835,000 | $167,000 | $0 | 0.00% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 2 | $820,000 | $410,000 | $0 | 0.00% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 2 | $810,000 | $405,000 | $0 | 0.00% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 2 | $810,000 | $405,000 | $0 | 0.00% |
| ANN ARBOR, MI (FHA|USDA|VA) | 2 | $780,000 | $390,000 | $0 | 0.00% |
| FRESNO, CA (FHA|USDA|VA) | 2 | $750,000 | $375,000 | $0 | 0.00% |
| BOWLING GREEN, KY (FHA|USDA|VA) | 3 | $735,000 | $245,000 | $0 | 0.00% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 2 | $730,000 | $365,000 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 2 | $680,000 | $340,000 | $0 | 0.00% |
| SPRINGFIELD, MA (FHA|USDA|VA) | 2 | $670,000 | $335,000 | $0 | 0.00% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 3 | $665,000 | $221,667 | $0 | 0.00% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 3 | $655,000 | $218,333 | $0 | 0.00% |
| CHARLESTON, WV (FHA|USDA|VA) | 2 | $620,000 | $310,000 | $0 | 0.00% |
| FORT WAYNE, IN (FHA|USDA|VA) | 2 | $620,000 | $310,000 | $0 | 0.00% |
| Greeneville, TN (FHA|USDA|VA) | 2 | $610,000 | $305,000 | $0 | 0.00% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 1 | $525,000 | $525,000 | $0 | 0.00% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $0 | 0.00% |
| PITTSBURGH, PA (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $0 | 0.00% |
| PANAMA CITY, FL (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $0 | 0.00% |
| London, KY (FHA|USDA|VA) | 2 | $480,000 | $240,000 | $0 | 0.00% |
| Kill Devil Hills, NC (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $0 | 0.00% |
| TUSCALOOSA, AL (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $0 | 0.00% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $0 | 0.00% |
| MOBILE, AL (FHA|USDA|VA) | 3 | $435,000 | $145,000 | $0 | 0.00% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 2 | $420,000 | $210,000 | $0 | 0.00% |
| Findlay, OH (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 0.00% |
| SAVANNAH, GA (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 0.00% |
| FOND DU LAC, WI (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $0 | 0.00% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $0 | 0.00% |
| SEBRING-AVON PARK, FL (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $0 | 0.00% |
| COLUMBIA, SC (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 0.00% |
| CHARLOTTESVILLE, VA (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 0.00% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $0 | 0.00% |
| Dayton, TN (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 0.00% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 0.00% |
| RACINE, WI (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 0.00% |
| Albertville, AL (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 0.00% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 0.00% |
| LUBBOCK, TX (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| Athens, TN (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| St. Marys, GA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 0.00% |
| CLEVELAND, TN (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 0.00% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 0.00% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 0.00% |
| ST. JOSEPH, MO-KS (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $0 | 0.00% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 0.00% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 0.00% |
| LOUISVILLE, KY (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 0.00% |
| Silver City, NM (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 0.00% |
| Americus, GA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
| PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| Whitewater, WI (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| COLUMBUS, GA-AL (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
| Holland, MI (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
| GETTYSBURG, PA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
| Fergus Falls, MN (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
| BLOOMINGTON, IL (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| TUCSON, AZ (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| HINESVILLE, GA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 0.00% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 0.00% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 0.00% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 0.00% |
| GAINESVILLE, GA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 0.00% |
| ROME, GA (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $0 | 0.00% |
| Ottumwa, IA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| LAWRENCE, KS (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| ROCKFORD, IL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| Platteville, WI (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $195,000 | $195,000 | $0 | 0.00% |
| Laurel, MS (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
| KNOXVILLE, TN (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
| Jefferson, GA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
| SHEBOYGAN, WI (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
| BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
| PINE BLUFF, AR (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
| Connersville, IN (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
| VINELAND-BRIDGETON, NJ (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
| STAUNTON, VA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| Jesup, GA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| CARBONDALE-MARION, IL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| Norwalk, OH (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| AMARILLO, TX (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| Hastings, NE (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| Cordele, GA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| Scottsboro, AL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| DECATUR, IL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| FLORENCE, SC (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| VALDOSTA, GA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| MANSFIELD, OH (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| WICHITA, KS (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
| JOPLIN, MO (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
| Salina, KS (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
| Enterprise, AL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
| LAKE CHARLES, LA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 0.00% |
| Vicksburg, MS (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against Peoples Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
CRESCENT MORTGAGE COMPANY
Similarity Rank: 80
Similarity Rank: 80
Barley Mortgage, LLC
Similarity Rank: 249
Similarity Rank: 249
KEESLER
Similarity Rank: 490
Similarity Rank: 490
HOPE FEDERAL CREDIT UNION
Similarity Rank: 567
Similarity Rank: 567
VICTORY MORTGAGE, L.L.C.
Similarity Rank: 960
Similarity Rank: 960
AMERICAN HOME MORTGAGE, INC.
Similarity Rank: 960
Similarity Rank: 960
BankPlus
Similarity Rank: 1106
Similarity Rank: 1106
First American Bank and Trust Company
Similarity Rank: 1107
Similarity Rank: 1107
SHELTER LENDING SERVICES, L.L.C.
Similarity Rank: 1197
Similarity Rank: 1197
SANCTUARY HOME MORTGAGE LLC
Similarity Rank: 1450
Similarity Rank: 1450
Product Mix
For 2024, Peoples Bank's most frequently originated type of loan was FHA, with 226 originations. Their 2nd most popular type was Conventional, with 100 originations.
Loan Reason
For 2024, Peoples Bank's most frequently cited loan purpose was Home Purchase, with 174 originations. The 2nd most popular reason was Cash Out Refi, with 122 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 361 | $88,775,000 | $245,914 | $0 | 0.00% |
For 2024, Peoples Bank's most frequently cited loan duration was Other, with 361 originations.
Loan Sizing
2024 saw Peoples Bank place emphasis on $200k-400k loans with 152 originations, totaling $43,520,000 in origination value.
Applicant Income
Peoples Bank lent most frequently to those with incomes in the $100k-150k range, with 102 originations. The second most popular income band? $75k-100k, with 82 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 361 | $88,775,000 | $245,914 | $0 | 0.00% |
Peoples Bank lent most frequently to those with DTI ratios of Exempt%, with 361 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications88.05%
Peoples Bank has an average approval rate.
Pick Rate
Approvals leading to origination69.81%
Peoples Bank has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 361 | $88,775,000 | $245,914 |