Peoples Bank of Alabama at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the D 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%
16th22.4% deniedProcesswithdrawn + incomplete share, weight 15%
20th19.8%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 221 | 121 | 19.5% | 21.3% | — | $22M |
| 2024 | 149 | 80 | 16.8% | 19.8% | — | $16M |
| 2025 | 167 | 88 | 18.0% | 22.4% | — | $19M |
What Peoples Bank of Alabama 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, 19 manufactured homes, 64 investment properties.
Who gets approved at Peoples Bank of Alabama
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 36 | 15 | 50.0% |
| $50k – $100k | 32 | 11 | 29.2% |
| $100k – $150k | 25 | 12 | 5.9% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 27 | 7 | 45.0% |
| 45–54 | 28 | 12 | 22.2% |
| 55–64 | 27 | 14 | 28.6% |
| 65–74 | 23 | 14 | 15.8% |
Where Peoples Bank of Alabama lends
3 states and 22 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Alabama | 163 | 84 | 18.4% | — | #171 |
Frequently asked questions
Peoples Bank of Alabama denied 22.4% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 16th percentile of small mortgage lenders.
In 2025, 56% of its applications were for home purchases, 34% for refinancing (including cash-out), and 10% for home improvement or other purposes. By loan type: 97% conventional, 3% 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.