People's Bank of Seneca at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the C grade breaks down
Each component is a percentile rank among 220 investment-property lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
20th12.4% deniedProcesswithdrawn + incomplete share, weight 15%
62nd3.5%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 285 | 203 | 11.6% | 12.4% | — | $45M |
| 2024 | 187 | 120 | 17.7% | 19.0% | — | $26M |
| 2025 | 200 | 146 | 12.0% | 12.4% | — | $45M |
What People's Bank of Seneca 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, 3 manufactured homes, 123 investment properties.
Why People's Bank of Seneca denies applications
Primary reason reported for each of the 24 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at People's Bank of Seneca
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 30 | 19 | 26.7% |
| $100k – $150k | 27 | 13 | 16.0% |
| $150k – $250k | 23 | 14 | 20.0% |
| Over $250k | 24 | 20 | 8.3% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 35–44 | 33 | 17 | 22.6% |
| 45–54 | 37 | 24 | 19.4% |
Where People's Bank of Seneca lends
4 states and 18 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
People's Bank of Seneca denied 12.4% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 20th percentile of investment-property lenders.
The most common reason People's Bank of Seneca gave in 2025 was "debt-to-income ratio", cited on 66.7% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
In 2025, 72% of its applications were for home purchases, 20% for refinancing (including cash-out), and 9% for home improvement or other purposes. By loan type: 100% conventional, 0% 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.