Peoples Bank · Texas · 2025

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

Peoples Bank took 167 mortgage applications in Texas in 2025, ranking #450 of 1,568 lenders active in the state. It originated 83.2% of them and denied 1.8% (1.8% of the applications it decided), against a statewide denial rate of 19.4%.

167Applicationsin TX
1.8%Decision denial ratestate 24.9%
Median ratestate 6.50%
$245,000Median loanstate $245,000
$41MVolume7 counties

Peoples Bank in Texas vs the state

1.8%Denial rate-17.63 pts vs state
1.8%Decision denial rate-23.07 pts vs state
83.2%Origination rate+28.35 pts vs state
Median rate
Rate spread (pts)
$154kMedian applicant income
139Loans originated
3Denied

Trend in Texas

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231751440.6%#440
20241531292.0%#458
20251671391.8%#450

What Peoples Bank lends in Texas

By loan purpose

Home purchase 122 73% · 1.6% denied
Refinance 19 11% · 0.0% denied
Cash-out refinance 17 10% · 0.0% denied
Home improvement 5 3% · 20.0% denied
Other / HELOC 4 2% · 0.0% denied

By loan type

Conventional 139 83% · 1.4% denied
FHA 27 16% · 3.7% denied
VA 1 1% · 0.0% denied

Where in Texas

Counties with the most Peoples Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lubbock County 1501253 2.0%
Hockley County 530 0.0%
Garza County 440 0.0%
Lynn County 330 0.0%
Collin County 210 0.0%
Dallas County 110 0.0%
Denton County 110 0.0%

Other large lenders in Texas

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 56,49111.0%6.25%
Rocket MortgageC 45,65822.4%6.63%
21st MortgageF 37,96145.9%9.94%
Dhi Mortgage CompanyB 26,34813.5%4.50%
Lennar MortgageA 21,95920.5%4.50%
Bank of AmericaF 18,00843.0%6.24%
JPMorgan Chase BankB 16,2609.8%6.45%
CMG MortgageA 15,9783.9%6.50%
Vanderbilt Mortgage and FinanceF 15,68344.7%10.50%
Triad Financial ServicesD 15,15850.0%9.35%

Frequently asked questions

Texas: 167 applications in 2025, of which 139 were originated and 3 denied.

1.8% of all applications, or 1.8% of the applications it actually decided on. The Texas statewide average across all lenders was 19.4%.

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 Texas, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology