Peoples Bank (North Carolina) mortgage approval rate & lending review
Peoples Bank (North Carolina) decided 1,286 mortgage applications and funded 907 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Peoples Bank (North Carolina) reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Peoples Bank (North Carolina) at a glance
Approval is 4.7 points above the 71.6% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 91% | 181 / 198 | 92% | $395K | 166 |
| Home improvement loans | 68% | 475 / 702 | 90% | $75K | 429 |
| Cash-out refinance | 76% | 19 / 25 | 84% | $155K | 16 |
| Refinance | 72% | 88 / 122 | 92% | $105K | 81 |
| Investment property purchase | 94% | 162 / 172 | 98% | $185K | 159 |
| Investment refinance | 84% | 37 / 44 | 100% | $205K | 37 |
Peoples Bank (North Carolina) lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| North Carolina | 76% | $105K | 1,264 | 890 |
| South Carolina | 82% | $125K | 22 | 17 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Peoples Bank (North Carolina) lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Catawba County, NC | Home improvement loans | 70% | 433 | 274 |
| Catawba County, NC | Mortgage lenders | 88% | 83 | 68 |
| Catawba County, NC | Investment property purchase | 93% | 56 | 51 |
| Mecklenburg County, NC | Home improvement loans | 68% | 81 | 51 |
| Catawba County, NC | Refinance | 77% | 66 | 46 |
| Iredell County, NC | Home improvement loans | 64% | 61 | 36 |
| Mecklenburg County, NC | Investment property purchase | 100% | 29 | 28 |
| Gaston County, NC | Home improvement loans | 58% | 33 | 15 |
| Wake County, NC | Home improvement loans | 67% | 24 | 14 |
The county markets where Peoples Bank (North Carolina) made the most loans. Each link opens that market with every lender ranked.
Questions about Peoples Bank (North Carolina)
What is Peoples Bank (North Carolina)'s mortgage approval rate?
Peoples Bank (North Carolina) approved 76.3% of the 1,286 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 4.7 points above the 71.6% national rate for the same mix of loan types.
How often do borrowers take the loan Peoples Bank (North Carolina) offers?
Borrowers accepted 92% of the loans Peoples Bank (North Carolina) approved, against 93% for all home improvement loan lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Peoples Bank (North Carolina) make?
The typical home improvement loan loan Peoples Bank (North Carolina) made was $75K; across all loan types its typical loan ran from $75K to $395K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Peoples Bank (North Carolina) lend?
Peoples Bank (North Carolina) decided applications in 2 of the states Fat Boy Data covers, most of them in North Carolina and South Carolina.
Can I apply to Peoples Bank (North Carolina) directly?
Yes. Peoples Bank (North Carolina) is a bank or credit union with 284 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Peoples Bank (North Carolina)'s interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Peoples Bank (North Carolina) treats applications, then get a rate quote from the lender.