Peoples Trust And Savings Bank Mortgage Rates, Fees & Info
boonville, INLEI: 549300LNXSV7JTOU7K53
Tax ID: 35-0576890
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Mortgage Data
Review & Overview
Peoples Trust And Savings Bank is a smaller bank specializing in Home Purchase and Refi loans. Peoples Trust And Savings Bank has a high proportion of conventional loans. Their top markets by origination volume include: Evansville, Louisville, and Clarksville among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)Peoples Trust And Savings Bank 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
53Origination Dollar Volume (All Markets)
$8,595,000Top 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 |
|---|---|---|---|---|---|
| EVANSVILLE, IN-KY (FHA|USDA|VA) | 49 | $7,795,000 | $159,082 | $0 | 0.00% |
| Outside of Metro Areas | 2 | $430,000 | $215,000 | $0 | 0.00% |
| LOUISVILLE, KY (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 0.00% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 53 | $8,595,000 | $162,170 | $0 | 0.00% |
For 2019, Peoples Trust And Savings Bank's most frequently originated type of loan was Conventional, with 53 originations.
Loan Reason
For 2019, Peoples Trust And Savings Bank's most frequently cited loan purpose was Home Purchase, with 34 originations. The 2nd most popular reason was Refi, with 15 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 53 | $8,595,000 | $162,170 | $0 | 0.00% |
For 2019, Peoples Trust And Savings Bank's most frequently cited loan duration was Other, with 53 originations.
Loan Sizing
2019 saw Peoples Trust And Savings Bank place emphasis on $100,000 or less loans with 19 originations, totaling $1,195,000 in origination value.
Applicant Income
Peoples Trust And Savings Bank lent most frequently to those with incomes in the $50k or less range, with 12 originations. The second most popular income band? $75k-100k, with 10 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 53 | $8,595,000 | $162,170 | $0 | 0.00% |
Peoples Trust And Savings Bank lent most frequently to those with DTI ratios of Exempt%, with 53 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications82.67%
Peoples Trust And Savings Bank has a below average approval rate.
Pick Rate
Approvals leading to origination83.02%
Peoples Trust And Savings Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 53 | $8,595,000 | $162,170 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Site-Built | 53 | $8,595,000 | $162,170 |
Complaints
| Bank Name | Product | Issue | 2019 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION | Conventional home mortgage | Struggling to pay mortgage | 3 | 21.4% |
| PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION | Conventional home mortgage | Trouble during payment process | 4 | 28.6% |
| PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION | Home equity loan or line of credit (HELOC) | Applying for a mortgage or refinancing an existing mortgage | 1 | 7.1% |
| PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION | Home equity loan or line of credit (HELOC) | Closing on a mortgage | 1 | 7.1% |
| PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION | Home equity loan or line of credit (HELOC) | Struggling to pay mortgage | 2 | 14.3% |
| PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION | Home equity loan or line of credit (HELOC) | Trouble during payment process | 1 | 7.1% |
| PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION | Other type of mortgage | Trouble during payment process | 2 | 14.3% |