Peoples Bank at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the B grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
66th6.2% deniedProcesswithdrawn + incomplete share, weight 15%
14th22.6%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 121 | 105 | 6.6% | 7.1% | 7.25% | $25M |
| 2024 | 116 | 94 | 3.5% | 3.9% | — | $39M |
| 2025 | 208 | 149 | 4.8% | 6.2% | — | $45M |
What Peoples Bank lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 1 manufactured homes, 34 investment properties.
Who gets approved at Peoples Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 25 | 15 | 21.1% |
| $50k – $100k | 65 | 46 | 8.0% |
| $100k – $150k | 26 | 13 | 0.0% |
| $150k – $250k | 39 | 28 | 6.3% |
| Over $250k | 27 | 21 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 47 | 33 | 5.7% |
| 35–44 | 35 | 24 | 7.7% |
| 45–54 | 43 | 27 | 10.0% |
| 55–64 | 26 | 18 | 5.3% |
Where Peoples Bank lends
12 states and 33 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
Peoples Bank denied 6.2% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 66th percentile of small mortgage lenders.
In 2025, 59% of its applications were for home purchases, 35% for refinancing (including cash-out), and 7% for home improvement or other purposes. By loan type: 97% conventional, 2% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.