People First Mortgage Rates, Fees & Info
Allentown, PALEI: 5493007ZNQ6MSZ2J3966
Tax ID: 23-1381044
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
People First is a smaller mortgage company specializing in Refi and Cash Out Refi loans. People First has a high proportion of conventional loans. Their top markets by origination volume include: Allentown, Reading, Philadelphia, East Stroudsburg, and North Port among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)People First 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
470Origination Dollar Volume (All Markets)
$50,240,000Top 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 |
|---|---|---|---|---|---|
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 436 | $46,830,000 | $107,408 | $0 | 0.00% |
| READING, PA (FHA|USDA|VA) | 11 | $855,000 | $77,727 | $0 | 0.00% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 6 | $800,000 | $133,333 | $0 | 0.00% |
| EAST STROUDSBURG, PA (FHA|USDA|VA) | 7 | $755,000 | $107,857 | $0 | 0.00% |
| Outside of Metro Areas | 4 | $520,000 | $130,000 | $0 | 0.00% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| Pottsville, PA (FHA|USDA|VA) | 3 | $115,000 | $38,333 | $0 | 0.00% |
| LANCASTER, PA (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 470 | $50,240,000 | $106,894 | $0 | 0.00% |
For 2021, People First's most frequently originated type of loan was Conventional, with 470 originations.
Loan Reason
For 2021, People First's most frequently cited loan purpose was Refi, with 176 originations. The 2nd most popular reason was Home Improvement, with 109 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 470 | $50,240,000 | $106,894 | $0 | 0.00% |
For 2021, People First's most frequently cited loan duration was Other, with 470 originations.
Loan Sizing
2021 saw People First place emphasis on $100,000 or less loans with 272 originations, totaling $12,420,000 in origination value.
Applicant Income
People First lent most frequently to those with incomes in the $50k-75k range, with 123 originations. The second most popular income band? $100k-150k, with 99 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 470 | $50,240,000 | $106,894 | $0 | 0.00% |
People First lent most frequently to those with DTI ratios of Exempt%, with 470 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications81.11%
People First has a below average approval rate.
Pick Rate
Approvals leading to origination87.87%
People First has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 470 | $50,240,000 | $106,894 |