Peoples Bank & Trust Mortgage Rates, Fees & Info
Buford, GALEI: 549300EJ3PWN9QTWAN34
Tax ID: 58-1542258
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Mortgage Data
Review & Overview
Peoples Bank & Trust is a smaller bank specializing in Home Purchase and Refi loans. Peoples Bank & Trust has a high proportion of conventional loans. Their top markets by origination volume include: Atlanta, Gainesville, Jacksonville, Athens, and Jefferson among others. We have data for 9 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.
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Originations
69Origination Dollar Volume (All Markets)
$19,985,000Top 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 |
|---|---|---|---|---|---|
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 30 | $7,880,000 | $262,667 | $0 | 0.00% |
| GAINESVILLE, GA (FHA|USDA|VA) | 20 | $7,020,000 | $351,000 | $0 | 0.00% |
| Outside of Metro Areas | 9 | $2,565,000 | $285,000 | $0 | 0.00% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 2 | $920,000 | $460,000 | $0 | 0.00% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 3 | $575,000 | $191,667 | $0 | 0.00% |
| Jefferson, GA (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $0 | 0.00% |
| Cornelia, GA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| Statesboro, GA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| Toccoa, GA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 69 | $19,985,000 | $289,638 | $0 | 0.00% |
For 2023, Peoples Bank & Trust's most frequently originated type of loan was Conventional, with 69 originations.
Loan Reason
For 2023, 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 20 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 69 | $19,985,000 | $289,638 | $0 | 0.00% |
For 2023, Peoples Bank & Trust's most frequently cited loan duration was Other, with 69 originations.
Loan Sizing
2023 saw Peoples Bank & Trust place emphasis on $100,000 or less loans with 18 originations, totaling $1,120,000 in origination value.
Applicant Income
Peoples Bank & Trust lent most frequently to those with incomes in the $75k-100k range, with 14 originations. The second most popular income band? $150k-250k, with 11 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 69 | $19,985,000 | $289,638 | $0 | 0.00% |
Peoples Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 69 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications98.57%
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 originationPoints and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 69 | $19,985,000 | $289,638 |