Peoples National Bank N.a. Mortgage Rates, Fees & InfoMount Vernon, IL
Tax ID: 37-0458820
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewPeoples National Bank N.a. is a smaller bank specializing in Home Purchase loans. Peoples National Bank N.a. has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: St. Louis, Carbondale, Mount Vernon, Farmington, and Centralia among others. We have data for 26 markets. (Some data included below & more in-depth data is available with an active subscription.)
Peoples National Bank N.a. has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Peoples National Bank N.a. is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have relatively high rates.
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.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
|Simulated Rate||Simulation Date|
|30 Year Conventional Purchase||6.84%||5/27/23|
|30 Year Conventional Refi||6.64%||5/27/23|
|30 Year Cash-out Refi||7.04%||5/27/23|
|30 Year FHA Purchase||7.38%||5/27/23|
|30 Year VA Purchase||6.49%||5/27/23|
|30 Year USDA Purchase||6.95%||5/27/23|
|15 Year Conventional Purchase||6.43%||5/27/23|
|15 Year Conventional Refi||6.24%||5/27/23|
|15 Year Cash-out Refi||6.24%||5/27/23|
|15 Year FHA Refi||8.35%||5/27/23|
|These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.|
Peoples National Bank N.a. Mortgage Calculator
Your EstimatesEstimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Peoples National Bank N.a.. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Origination Dollar Volume (All Markets)$117,865,000
Peoples National Bank N.A. - 2022
Peoples National Bank N.A. is a 2022 , due to their low .
For 2022, less than of lenders were eligible for this award.
Work for Peoples National Bank N.A.?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
Peoples National Bank N.a.'s average 30 year fixed mortgage rate was
The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.
This yields a difference of 0.43%.
Relative Fees (Closing Costs)
Peoples National Bank N.a.'s average total fees/closing costs for a 30 year fixed rate
mortgage were $2,829.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.
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||304||$36,290,000||$119,375||$2,421||5.26%|
|ST. LOUIS, MO-IL (FHA|USDA|VA)||127||$29,355,000||$231,142||$3,451||5.01%|
|CARBONDALE-MARION, IL (FHA|USDA|VA)||95||$13,925,000||$146,579||$2,712||4.76%|
|Mount Vernon, IL (FHA|USDA|VA)||84||$10,850,000||$129,167||$2,373||5.24%|
|Farmington, MO (FHA|USDA|VA)||2||$9,680,000||$4,840,000||$0||6.25%|
|Centralia, IL (FHA|USDA|VA)||67||$8,275,000||$123,507||$2,276||5.38%|
|NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA)||4||$3,480,000||$870,000||$9,600||4.91%|
|Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA)||1||$755,000||$755,000||$7,661||4.50%|
|KNOXVILLE, TN (FHA|USDA|VA)||1||$665,000||$665,000||$5,789||6.38%|
|Paducah, KY-IL (FHA|USDA|VA)||1||$595,000||$595,000||$9,051||4.88%|
|CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA)||1||$515,000||$515,000||$7,152||3.00%|
|FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA)||1||$445,000||$445,000||$2,410||5.50%|
|DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA)||1||$325,000||$325,000||$0||3.88%|
|KANSAS CITY, MO-KS (FHA|USDA|VA)||1||$325,000||$325,000||$2,072||2.63%|
|EVANSVILLE, IN-KY (FHA|USDA|VA)||1||$265,000||$265,000||$2,355||6.00%|
|Rolla, MO (FHA|USDA|VA)||1||$245,000||$245,000||$3,819||5.50%|
|Effingham, IL (FHA|USDA|VA)||1||$245,000||$245,000||$6,562||3.50%|
|Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA)||1||$245,000||$245,000||$3,905||3.25%|
|LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA)||1||$235,000||$235,000||$4,148||8.00%|
|GREEN BAY, WI (FHA|USDA|VA)||1||$225,000||$225,000||$6,384||5.88%|
|CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA)||1||$225,000||$225,000||$4,240||5.38%|
|ASHEVILLE, NC (FHA|USDA|VA)||1||$185,000||$185,000||$3,281||6.38%|
|Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA)||1||$165,000||$165,000||$4,371||3.50%|
|Paris, TN (FHA|USDA|VA)||2||$130,000||$65,000||$0||4.38%|
|CAPE GIRARDEAU, MO-IL (FHA|USDA|VA)||1||$125,000||$125,000||$1,283||5.50%|
|Taylorville, IL (FHA|USDA|VA)||1||$95,000||$95,000||$2,821||2.75%|
We use machine learning to identify the top lenders compared against Peoples National Bank N.A. based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 209
Similarity Rank: 328
Similarity Rank: 518
Similarity Rank: 580
Similarity Rank: 720
Similarity Rank: 804
Similarity Rank: 884
Similarity Rank: 980
Similarity Rank: 1164
Similarity Rank: 1197
|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Peoples National Bank N.a.'s most frequently originated type of loan was Conventional, with 614 originations. Their 2nd most popular type was USDA, with 70 originations.
For 2022, Peoples National Bank N.a.'s most frequently cited loan purpose was Home Purchase, with 580 originations. The 2nd most popular reason was Refi, with 61 originations.
For 2022, Peoples National Bank N.a.'s most frequently cited loan duration was 30 Year, with 490 originations. The 2nd most popular length was 15 Year, with 73 originations.
Origination Fees/Closing Costs
|Origination Fee/Closing Cost||Originations||Total Value||Average Loan|
Peoples National Bank N.a.'s average total fees were $2,829, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 429 originations.
During 2022, Peoples National Bank N.a.'s average interest rate for loans was 5.19%, while their most frequently originated rate bucket for loans was 5-6%, with 210 originations.
2022 saw Peoples National Bank N.a. place emphasis on $100,000 or less loans with 283 originations, totaling $17,555,000 in origination value.
Peoples National Bank N.a. lent most frequently to those with incomes in the $50k or less range, with 177 originations. The second most popular income band? $50k-75k, with 167 originations.
Applicant Debt to Income Ratio
Peoples National Bank N.a. lent most frequently to those with DTI ratios of 20-30%, with 168 originations. The next most common DTI ratio? 30-36%, with 141 originations.
Approval RatesTotal approvals of all applications
Peoples National Bank N.a. has an average approval rate.
Pick RateApprovals leading to origination
Peoples National Bank N.a. has a below average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|