Peoples State 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%
54th10.7%Trend, 2024–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2024 | 183 | 156 | 7.1% | 7.5% | — | $28M |
| 2025 | 234 | 195 | 5.6% | 6.2% | — | $38M |
What Peoples State 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, 24 manufactured homes, 45 investment properties.
Who gets approved at Peoples State Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 39 | 34 | 10.5% |
| $50k – $100k | 93 | 72 | 6.4% |
| $100k – $150k | 50 | 43 | 4.4% |
| $150k – $250k | 24 | 19 | 9.5% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 28 | 24 | 7.7% |
| 25–34 | 59 | 44 | 4.4% |
| 35–44 | 36 | 28 | 9.7% |
| 45–54 | 39 | 34 | 8.1% |
| 55–64 | 27 | 24 | 4.0% |
| 65–74 | 23 | 20 | 4.6% |
Where Peoples State Bank lends
4 states and 26 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
Peoples State 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, 72% of its applications were for home purchases, 19% 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.