Peoples Bank & Trust Mortgage Rates, Fees & Info

Buford, GA

LEI: 549300EJ3PWN9QTWAN34

Tax ID: 58-1542258

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Peoples Bank & Trust is a smaller bank specializing in Home Purchase and Cash Out Refi loans. Peoples Bank & Trust has a high proportion of conventional loans. Their top markets by origination volume include: Atlanta, Gainesville, Jefferson, Milledgeville, and Toccoa among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Peoples Bank & Trust 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.

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    Originations

    77

    Origination Dollar Volume (All Markets)

    $23,085,000

    Top 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
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 42 $10,500,000 $250,000 $0 0.00%
    GAINESVILLE, GA (FHA|USDA|VA) 16 $6,950,000 $434,375 $0 0.00%
    Jefferson, GA (FHA|USDA|VA) 13 $3,995,000 $307,308 $0 0.00%
    Outside of Metro Areas 4 $1,380,000 $345,000 $0 0.00%
    Milledgeville, GA (FHA|USDA|VA) 1 $195,000 $195,000 $0 0.00%
    Toccoa, GA (FHA|USDA|VA) 1 $65,000 $65,000 $0 0.00%
    Peoples Bank & Trust's top markets include Atlanta, Gainesville, Jefferson, Milledgeville, and Toccoa among others.

    Their top states include:
  • Georgia (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 77 $23,085,000 $299,805 $0 0.00%

    For 2024, Peoples Bank & Trust's most frequently originated type of loan was Conventional, with 77 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 29 $14,635,000 $504,655 $0 0.00%
    Cash Out Refi 28 $5,400,000 $192,857 $0 0.00%
    Refi 20 $3,050,000 $152,500 $0 0.00%

    For 2024, Peoples Bank & Trust's most frequently cited loan purpose was Home Purchase, with 29 originations. The 2nd most popular reason was Cash Out Refi, with 28 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 77 $23,085,000 $299,805 $0 0.00%

    For 2024, Peoples Bank & Trust's most frequently cited loan duration was Other, with 77 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 25 $1,495,000 $59,800 $0 0.00%
    $200k-400k 22 $6,250,000 $284,091 $0 0.00%
    $100k-200k 10 $1,430,000 $143,000 $0 0.00%
    $400k-600k 10 $4,840,000 $484,000 $0 0.00%
    $600k-1MM 6 $4,480,000 $746,667 $0 0.00%
    $1MM+ 4 $4,590,000 $1,147,500 $0 0.00%

    2024 saw Peoples Bank & Trust place emphasis on $100,000 or less loans with 25 originations, totaling $1,495,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 15 $7,525,000 $501,667 $0 0.00%
    $150k-250k 14 $4,710,000 $336,429 $0 0.00%
    $75k-100k 13 $3,435,000 $264,231 $0 0.00%
    $50k or less 9 $1,675,000 $186,111 $0 0.00%
    $100k-150k 5 $825,000 $165,000 $0 0.00%
    $50k-75k 5 $1,155,000 $231,000 $0 0.00%

    Peoples Bank & Trust lent most frequently to those with incomes in the $250k+ range, with 15 originations. The second most popular income band? $150k-250k, with 14 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 77 $23,085,000 $299,805 $0 0.00%

    Peoples Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 77 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 60 $18,990,000 $316,500 $0 0.00%
    Not applicable 13 $3,325,000 $255,769 $0 0.00%
    Black 3 $695,000 $231,667 $0 0.00%
    Asian Indian 1 $75,000 $75,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    100.00%

    Peoples Bank & Trust has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 77 $23,085,000 $299,805

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    77 $23,085,000 $299,805