Peoples Bank · Florida · 2025

Peoples Bank in Florida: approval rate, denial rate and rates (2025)

Peoples Bank took 26 mortgage applications in Florida in 2025, ranking #712 of 1,993 lenders active in the state. It originated 69.2% of them and denied 11.5% (14.3% of the applications it decided), against a statewide denial rate of 21.1%.

26Applicationsin FL
14.3%Decision denial ratestate 27.2%
Median ratestate 6.63%
$315,000Median loanstate $255,000
$6.8MVolume18 counties

Peoples Bank in Florida vs the state

11.5%Denial rate-9.52 pts vs state
14.3%Decision denial rate-12.95 pts vs state
69.2%Origination rate+16.54 pts vs state
Median rate
Rate spread (pts)
$105kMedian applicant income
18Loans originated
3Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023402017.5%#678
202428183.6%#710
2025261811.5%#712

What Peoples Bank lends in Florida

By loan purpose

Home purchase 14 54% · 0.0% denied
Cash-out refinance 12 46% · 25.0% denied

By loan type

FHA 23 88% · 13.0% denied
VA 1 4% · 0.0% denied
USDA / RHS 2 8% · 0.0% denied

Where in Florida

Counties with the most Peoples Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Polk County 310 0.0%
St. Lucie County 330 0.0%
Brevard County 210 0.0%
Pinellas County 220 0.0%
Marion County 220 0.0%
Volusia County 220 0.0%
Okeechobee County 110 0.0%
Hillsborough County 110 0.0%
Indian River County 100 0.0%
Collier County 110 0.0%

Other large lenders in Florida

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 71,40515.3%6.44%
Rocket MortgageC 46,61121.0%6.63%
Bank of AmericaF 23,63437.7%6.24%
Pennymac Loan ServicesC 19,51614.1%6.50%
Navy Federal Credit UnionD 19,45223.2%7.59%
Crosscountry MortgageB 19,1035.2%6.75%
NewrezD 17,51922.4%6.75%
Dhi Mortgage CompanyB 16,66114.5%4.88%
Lennar MortgageA 14,98421.0%4.75%
Truist BankC 14,14041.5%6.60%

Frequently asked questions

Florida: 26 applications in 2025, of which 18 were originated and 3 denied.

11.5% of all applications, or 14.3% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Peoples Bank's own HMDA filing for properties located in Florida, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology