Peoples Bank Mortgage Rates, Fees & Info
Cuba, MOLEI: 549300PDELOGUKYYDA02
Tax ID: 43-0453370
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Mortgage Data
Review & Overview
Peoples Bank is a smaller bank specializing in Home Purchase loans. Peoples Bank has a high proportion of conventional loans. Their top markets by origination volume include: Springfield, St. Louis, Jefferson City, Branson, and Rolla among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)Peoples 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
67Origination Dollar Volume (All Markets)
$11,895,000Top 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 |
|---|---|---|---|---|---|
| Outside of Metro Areas | 49 | $6,605,000 | $134,796 | $0 | 0.00% |
| SPRINGFIELD, MO (FHA|USDA|VA) | 2 | $2,440,000 | $1,220,000 | $0 | 0.00% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 13 | $2,365,000 | $181,923 | $0 | 0.00% |
| JEFFERSON CITY, MO (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
| Branson, MO (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| Rolla, MO (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 67 | $11,895,000 | $177,537 | $0 | 0.00% |
For 2023, Peoples Bank's most frequently originated type of loan was Conventional, with 67 originations.
Loan Reason
For 2023, Peoples Bank's most frequently cited loan purpose was Home Purchase, with 46 originations. The 2nd most popular reason was Refi, with 9 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 67 | $11,895,000 | $177,537 | $0 | 0.00% |
For 2023, Peoples Bank's most frequently cited loan duration was Other, with 67 originations.
Loan Sizing
2023 saw Peoples Bank place emphasis on $100,000 or less loans with 34 originations, totaling $1,790,000 in origination value.
Applicant Income
Peoples Bank lent most frequently to those with incomes in the $100k-150k range, with 13 originations. The second most popular income band? $50k-75k, with 11 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 67 | $11,895,000 | $177,537 | $0 | 0.00% |
Peoples Bank lent most frequently to those with DTI ratios of Exempt%, with 67 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications86.54%
Peoples Bank has an average approval rate.
Pick Rate
Approvals leading to origination83.58%
Peoples Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 67 | $11,895,000 | $177,537 |