PlainLender

Peoples Bank

Marietta, OH

Peoples Bank processed 3,106 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 1,919 loans with a 21.7% denial rate. Home Purchase was the primary loan purpose. Based in Marietta, OH. The approval rate of 61.8% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.

Portfolio scale. Peoples Bank processed 3,106 HMDA-reported mortgage applications in 2024, originating 1,919 loans and denying 675 for a denial rate of 21.7% (applicants themselves withdrew 262 files before a decision). The average loan amount was $146,211 at a 8.055% average note rate, and applicants self-reported an average income of $33,000. The lender reports under LEI I70W3N0Z6KOX8FYIH023 from Marietta, OH.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% — HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Peoples Bank's 61.8% origination rate tells you how often an application turned into funded money; the 21.7% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Credit history, Collateral, which together explain the majority of rejections. Most activity concentrated in Conventional loans (2,987 applications).

How to read this page. These figures are aggregate HMDA disclosures — they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting — it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

3,106
Applications
1,919
Originated
21.7%
Denial Rate
$146,211
Avg Loan Amount
Avg Interest Rate: 8.055% Avg Applicant Income: $33,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 2,987 1,858 644 $143,597
FHA 101 56 25 $193,911
USDA 10 5 2 $191,000
VA 8 0 4 $463,750

Top loan types — Peoples Bank

Top loan types — Peoples Bank Horizontal bar chart of the top 4 items by value (applications). Top loan types — Peoples Bank Top 4 1. Conventional 2,987 2. FHA 101 3. USDA 10 4. VA 8 Top 5 loan types by application volume at Peoples Bank (HMDA 2023). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for Peoples Bank (LEI: I70W3N0Z6KOX8FYIH023) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Debt-to-income ratio
311
Credit history
284
Collateral
117
Other
48
Credit application incomplete
41
Insufficient cash
26
Mortgage insurance denied
15
Unverifiable information
10

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 976 612 $250,441
Home Improvement 967 593 $74,349
Cash-out Refinancing 630 438 $121,159
Other 418 218 $104,282
Refinancing 115 58 $155,522

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 2,793 63.3% 21.5%
Black or African American 120 43.3% 33.3%
Asian 37 51.4% 24.3%
Joint 19 57.9% 26.3%
American Indian or Alaska Native 8 75.0% 12.5%
Native Hawaiian or Other Pacific Islander 5 40.0% 20.0%
2 or more minority races 2 0.0% 0.0%

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 2,884 62.3% 22.1%
Hispanic or Latino 39 46.1% 25.6%
Joint 32 68.8% 15.6%

Nearby Lenders in OH

Other HMDA-reporting lenders in OH with similar activity. Compare any two side-by-side.

US BANK, N.A.

CINCINNATI, OH

202,480 apps 74,512 originated 26.8% denied

CROSSCOUNTRY MORTGAGE, LLC

Cleveland, OH

157,258 apps 101,894 originated 2.4% denied

JPMorgan Chase Bank, NA

Columbus, OH

150,113 apps 80,744 originated 8.1% denied

Huntington National Bank

Columbus, OH

99,675 apps 52,025 originated 28.8% denied

Fifth Third Bank, National Association

Cincinnati, OH

64,220 apps 30,494 originated 23.9% denied
Compare Peoples Bank vs US BANK, N.A. →

Mortgage Lending Guides

Why Mortgages Get Denied
Common denial reasons and how to improve your chances
Comparing Mortgage Lenders
What to look for when choosing a mortgage lender
Getting the Best Mortgage Rate
Strategies for securing the lowest interest rate
Understanding HMDA Data
How to read and interpret mortgage disclosure data
Denial Rates by Demographics
Demographic patterns in mortgage approval and denial

Explore More Data

Bank Financial Data → Credit Union Data → Financial Advisor Lookup → Home Insurance Costs → Property Tax Data → Rent Price Data →

Frequently Asked Questions

How many mortgage applications did Peoples Bank process?
Peoples Bank processed 3,106 mortgage applications in the 2023 HMDA reporting year. Of these, 1,919 were originated (approved and funded), 262 were withdrawn by the applicant, and 675 were denied.
What is Peoples Bank's mortgage approval rate?
Peoples Bank has an approval (origination) rate of 61.8%, meaning 61.8% of all applications resulted in a funded mortgage. The denial rate is 21.7%.
What is the average loan amount at Peoples Bank?
The average mortgage loan amount at Peoples Bank is $146,211. The average interest rate is 8.055%. The average applicant income is $33,000.
What are the most common reasons for mortgage denial at Peoples Bank?
The most common reasons for mortgage denial at Peoples Bank are: Debt-to-income ratio, Credit history, Collateral. In total, 675 applications were denied out of 3,106 total applications.
What types of mortgage loans does Peoples Bank offer?
Peoples Bank processes Conventional, FHA, USDA, VA loans. The most common type is Conventional with 2,987 applications and an average loan amount of $143,597.
What loan purposes does Peoples Bank serve?
Peoples Bank serves the following loan purposes: Home Purchase (976 applications), Home Improvement (967 applications), Cash-out Refinancing (630 applications), Other (418 applications), Refinancing (115 applications). Home Purchase is the most common purpose.
Where is Peoples Bank located?
Peoples Bank is headquartered in Marietta, OH. The lender is identified by LEI I70W3N0Z6KOX8FYIH023 in HMDA data.
How does Peoples Bank compare in lending across racial demographics?
Peoples Bank reports demographic lending data under HMDA requirements. White applicants have an approval rate of 63.3% and denial rate of 21.5%; Black or African American applicants have an approval rate of 43.3% and denial rate of 33.3%; Asian applicants have an approval rate of 51.4% and denial rate of 24.3%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.

Read our methodology — how this data is sourced, computed, and verified.