The Peoples Bank Of Georgia Mortgage Rates, Fees & Info
Talbotton, GALEI: 5493007ZX1MGMF18FN43
Tax ID: 58-0382310
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
The Peoples Bank Of Georgia is a smaller bank specializing in Home Purchase and Refi loans. The Peoples Bank Of Georgia has a high proportion of conventional loans. Their top markets by origination volume include: Thomaston, Columbus, Americus, Atlanta, and Macon among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)The Peoples Bank Of Georgia has an above 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
163Origination Dollar Volume (All Markets)
$23,305,000Top 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 |
|---|---|---|---|---|---|
| Thomaston, GA (FHA|USDA|VA) | 75 | $11,535,000 | $153,800 | $0 | 0.00% |
| COLUMBUS, GA-AL (FHA|USDA|VA) | 41 | $4,755,000 | $115,976 | $0 | 0.00% |
| Americus, GA (FHA|USDA|VA) | 24 | $1,850,000 | $77,083 | $0 | 0.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 4 | $1,700,000 | $425,000 | $0 | 0.00% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 7 | $1,185,000 | $169,286 | $0 | 0.00% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 2 | $1,050,000 | $525,000 | $0 | 0.00% |
| Outside of Metro Areas | 5 | $615,000 | $123,000 | $0 | 0.00% |
| LaGrange, GA-AL (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 0.00% |
| ALBANY, GA (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $0 | 0.00% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 2 | $110,000 | $55,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 163 | $23,305,000 | $142,975 | $0 | 0.00% |
For 2022, The Peoples Bank Of Georgia's most frequently originated type of loan was Conventional, with 163 originations.
Loan Reason
For 2022, The Peoples Bank Of Georgia's most frequently cited loan purpose was Home Purchase, with 90 originations. The 2nd most popular reason was Refi, with 60 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 163 | $23,305,000 | $142,975 | $0 | 0.00% |
For 2022, The Peoples Bank Of Georgia's most frequently cited loan duration was Other, with 163 originations.
Loan Sizing
2022 saw The Peoples Bank Of Georgia place emphasis on $100,000 or less loans with 85 originations, totaling $4,505,000 in origination value.
Applicant Income
The Peoples Bank Of Georgia lent most frequently to those with incomes in the $50k or less range, with 31 originations. The second most popular income band? $100k-150k, with 28 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 163 | $23,305,000 | $142,975 | $0 | 0.00% |
The Peoples Bank Of Georgia lent most frequently to those with DTI ratios of Exempt%, with 163 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications90.91%
The Peoples Bank Of Georgia has an average approval rate.
Pick Rate
Approvals leading to origination89.57%
The Peoples Bank Of Georgia has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 163 | $23,305,000 | $142,975 |