Peoples Bank Mortgage Rates, Fees & Info

Cuba, MO

LEI: 549300PDELOGUKYYDA02

Tax ID: 43-0453370

Latest/2023 | 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 is a smaller bank specializing in Home Purchase and Refi loans. Peoples Bank has a high proportion of conventional loans. Their top markets by origination volume include: Springfield, St. Louis, Virginia Beach, Rolla, and Columbia among others. We have data for 7 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 an average pick rate when compared to similar 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

    114

    Origination Dollar Volume (All Markets)

    $19,380,000

    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
    Outside of Metro Areas 81 $9,725,000 $120,062 $0 0.00%
    SPRINGFIELD, MO (FHA|USDA|VA) 4 $5,170,000 $1,292,500 $0 0.00%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 22 $3,220,000 $146,364 $0 0.00%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 3 $715,000 $238,333 $0 0.00%
    Rolla, MO (FHA|USDA|VA) 2 $290,000 $145,000 $0 0.00%
    COLUMBIA, MO (FHA|USDA|VA) 1 $185,000 $185,000 $0 0.00%
    JEFFERSON CITY, MO (FHA|USDA|VA) 1 $75,000 $75,000 $0 0.00%
    Peoples Bank's top markets include Springfield, St. Louis, Virginia Beach, Rolla, and Columbia among others.

    Their top states include:
  • Missouri (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 114 $19,380,000 $170,000 $0 0.00%

    For 2022, Peoples Bank's most frequently originated type of loan was Conventional, with 114 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 50 $11,930,000 $238,600 $0 0.00%
    Refi 45 $6,065,000 $134,778 $0 0.00%
    Home Improvement 12 $800,000 $66,667 $0 0.00%
    Other 7 $585,000 $83,571 $0 0.00%

    For 2022, Peoples Bank's most frequently cited loan purpose was Home Purchase, with 50 originations. The 2nd most popular reason was Refi, with 45 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 114 $19,380,000 $170,000 $0 0.00%

    For 2022, Peoples Bank's most frequently cited loan duration was Other, with 114 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 59 $3,085,000 $52,288 $0 0.00%
    $100k-200k 30 $4,520,000 $150,667 $0 0.00%
    $200k-400k 19 $5,235,000 $275,526 $0 0.00%
    $1MM+ 3 $4,885,000 $1,628,333 $0 0.00%
    $400k-600k 2 $920,000 $460,000 $0 0.00%
    $600k-1MM 1 $735,000 $735,000 $0 0.00%

    2022 saw Peoples Bank place emphasis on $100,000 or less loans with 59 originations, totaling $3,085,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 28 $1,550,000 $55,357 $0 0.00%
    $50k-75k 26 $2,580,000 $99,231 $0 0.00%
    $75k-100k 14 $2,360,000 $168,571 $0 0.00%
    $150k-250k 10 $3,020,000 $302,000 $0 0.00%
    $100k-150k 9 $1,435,000 $159,444 $0 0.00%
    $250k+ 3 $1,045,000 $348,333 $0 0.00%

    Peoples Bank lent most frequently to those with incomes in the $50k or less range, with 28 originations. The second most popular income band? $50k-75k, with 26 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 114 $19,380,000 $170,000 $0 0.00%

    Peoples Bank lent most frequently to those with DTI ratios of Exempt%, with 114 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 91 $12,175,000 $133,791 $0 0.00%
    Not applicable 23 $7,205,000 $313,261 $0 0.00%

    Approval Rates

    Total approvals of all applications
    88.16%

    Peoples Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    91.23%

    Peoples Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 114 $19,380,000 $170,000

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    114 $19,380,000 $170,000