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 Home Purchase loans. People First has a high proportion of conventional loans. Their top markets by origination volume include: Allentown, Philadelphia, Pottsville, Reading, and East Stroudsburg 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
526Origination Dollar Volume (All Markets)
$55,850,000Top 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) | 476 | $44,580,000 | $93,655 | $0 | 0.00% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 11 | $5,095,000 | $463,182 | $0 | 0.00% |
| Pottsville, PA (FHA|USDA|VA) | 5 | $2,385,000 | $477,000 | $0 | 0.00% |
| READING, PA (FHA|USDA|VA) | 19 | $1,595,000 | $83,947 | $0 | 0.00% |
| EAST STROUDSBURG, PA (FHA|USDA|VA) | 11 | $1,185,000 | $107,727 | $0 | 0.00% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 0.00% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 0.00% |
| LANCASTER, PA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 0.00% |
| Sayre, PA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 526 | $55,850,000 | $106,179 | $0 | 0.00% |
For 2022, People First's most frequently originated type of loan was Conventional, with 526 originations.
Loan Reason
For 2022, People First's most frequently cited loan purpose was Home Improvement, with 184 originations. The 2nd most popular reason was Refi, with 138 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 526 | $55,850,000 | $106,179 | $0 | 0.00% |
For 2022, People First's most frequently cited loan duration was Other, with 526 originations.
Loan Sizing
2022 saw People First place emphasis on $100,000 or less loans with 387 originations, totaling $16,935,000 in origination value.
Applicant Income
People First lent most frequently to those with incomes in the $100k-150k range, with 135 originations. The second most popular income band? $75k-100k, with 115 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 526 | $55,850,000 | $106,179 | $0 | 0.00% |
People First lent most frequently to those with DTI ratios of Exempt%, with 526 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications73.96%
People First has a below average approval rate.
Pick Rate
Approvals leading to origination87.64%
People First has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 526 | $55,850,000 | $106,179 |