Peoples Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2020

Peoples Bank 2020 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.

Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher, this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.

Mortgage Company & Address Peoples Bank
3100 Woburn Street
Bellingham, WA 98226
Tel #: available with data download
Federal Regulator * available with data download
Years 2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 3,355
Total Mortgage Loan Application Amount $1,139,155,000
Average Mortgage Loan Application Amount $318,400
Highest Mortgage Loan Application Amount $10,005,000
Average Applicant Income $119,000
Highest Applicant Income $1,501,000

Explore comprehensive HMDA mortgage statistics and lending trends for 2020 with Peoples Bank. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Peoples Bank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.

Our HMDA dataset for 2020 breaks down Peoples Bank's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Peoples Bank serves its applicants.

Each category highlights the total number of mortgage applications processed by Peoples Bank, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Peoples Bank's mortgage activity for 2020.

Mortgage Loan Application Totals for Peoples Bank by County in 2020

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Whatcom County Washington 1,199 $ 420,385,000 $ 350,000 $ 126,000
Skagit County Washington 769 $ 240,805,000 $ 313,000 $ 119,000
Island County Washington 420 $ 138,540,000 $ 329,000 $ 119,000
King County Washington 217 $ 100,795,000 $ 464,000 $ 178,000
Chelan County Washington 201 $ 61,545,000 $ 306,000 $ 124,000
Snohomish County Washington 201 $ 72,475,000 $ 360,000 $ 147,000
Douglas County Washington 104 $ 28,020,000 $ 269,000 $ 100,000
Okanogan County Washington 54 $ 16,750,000 $ 310,000 $ 127,000
Pierce County Washington 32 $ 10,870,000 $ 339,000 $ 152,000
Grant County Washington 25 $ 4,745,000 $ 189,000 $ 76,000
San Juan County Washington 23 $ 9,645,000 $ 419,000 $ 213,000
Kitsap County Washington 16 $ 4,640,000 $ 290,000 $ 109,000
Thurston County Washington 15 $ 3,975,000 $ 265,000 $ 164,000
Spokane County Washington 9 $ 1,785,000 $ 198,000 $ 112,000
Mason County Washington 7 $ 1,345,000 $ 192,000 $ 138,000
Clark County Washington 6 $ 2,100,000 $ 350,000 $ 197,000
Benton County Washington 4 $ 980,000 $ 245,000 $ 79,000
Clallam County Washington 4 $ 1,420,000 $ 355,000 $ 105,000
Grays Harbor County Washington 4 $ 850,000 $ 212,000 $ 72,000
Jefferson County Washington 4 $ 1,280,000 $ 320,000 $ 136,000
Kittitas County Washington 4 $ 1,980,000 $ 495,000 $ 230,000
Yakima County Washington 4 $ 790,000 $ 197,000 $ 62,000
Franklin County Washington 2 $ 600,000 $ 300,000 $ 72,000
Lewis County Washington 2 $ 500,000 $ 250,000 $ 77,000
Pacific County Washington 2 $ 1,020,000 $ 510,000 $ 200,000
Crawford County Missouri 1 $ 45,000 $ 45,000 $ 32,000
Adams County Washington 1 $ 105,000 $ 105,000 $ 45,000
Stevens County Washington 1 $ 155,000 $ 155,000 $ 66,000
Walla Walla County Washington 1 $ 335,000 $ 335,000 $ 423,000
Whitman County Washington 1 $ 165,000 $ 165,000 $ 240,000

Mortgage Loan Application Detail Totals for Peoples Bank in 2020

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Refinancing 1,342 $408,170,000 $304,000 $3,615,000 $128,000 $1,085,000
Home Purchase 1,105 $446,765,000 $404,000 $10,005,000 $135,000 $1,501,000
Cash-out Refinancing 778 $246,430,000 $316,000 $1,005,000 $120,000 $949,000
Other Purpose 107 $31,445,000 $293,000 $915,000 $139,000 $961,000
Home Improvement 23 $6,345,000 $275,000 $1,055,000 $73,000 $212,000
Not Applicable 0 $0 $0 $0 $0 $0

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 2,678 $883,280,000 $329,000 $2,435,000 $130,000 $1,452,000
Not Provided 284 $100,030,000 $352,000 $1,355,000 $144,000 $1,501,000
Hispanic 177 $43,005,000 $242,000 $575,000 $77,000 $313,000
Asian 111 $38,145,000 $343,000 $1,805,000 $118,000 $608,000
Not applicable 48 $55,470,000 $1,155,000 $10,005,000 $0 $0
American Indian or Alaskan Native 23 $6,815,000 $296,000 $515,000 $108,000 $289,000
Black or African American 12 $5,330,000 $444,000 $905,000 $166,000 $278,000
Native Hawaiian or Other Pacific Islander 4 $1,070,000 $267,000 $395,000 $66,000 $106,000

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 3,226 $1,093,310,000 $338,000 $10,005,000 $130,000 $1,501,000
VA-guaranteed (Veterans Administration) 71 $27,885,000 $392,000 $795,000 $110,000 $302,000
FHA-insured (Federal Housing Administration) 42 $12,860,000 $306,000 $445,000 $79,000 $188,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 16 $5,100,000 $318,000 $465,000 $76,000 $119,000

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 2,337 $774,505,000 $331,000 $3,615,000 $126,000 $1,085,000
Application Withdrawn By Applicant 592 $205,430,000 $347,000 $6,525,000 $142,000 $1,452,000
Application Denied By Financial Institution 223 $87,575,000 $392,000 $10,005,000 $89,000 $707,000
File Closed For Incompleteness 156 $50,940,000 $326,000 $785,000 $158,000 $1,501,000
Application Approved But Not Accepted 25 $10,425,000 $417,000 $1,065,000 $123,000 $320,000
Preapproval Approved but not Accepted 16 $8,560,000 $535,000 $965,000 $220,000 $645,000
Preapproval Denied by Financial Institution 5 $1,435,000 $287,000 $405,000 $108,000 $270,000
Loan Purchased By The Institution 1 $285,000 $285,000 $285,000 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Not applicable 3,127 $1,050,145,000 $335,000 $6,525,000 $131,000 $1,501,000
Debt-To-Income Ratio 96 $39,770,000 $414,000 $7,335,000 $58,000 $289,000
Credit History 56 $15,220,000 $271,000 $655,000 $94,000 $270,000
Collateral 43 $23,315,000 $542,000 $10,005,000 $143,000 $707,000
Other 15 $5,695,000 $379,000 $615,000 $162,000 $484,000
Insufficient Cash (Downpayment, Closing Cost) 9 $2,585,000 $287,000 $515,000 $86,000 $208,000
Unverifiable Information 7 $1,805,000 $257,000 $455,000 $7,000 $25,000
Employment History 2 $620,000 $310,000 $385,000 $65,000 $130,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Peoples Bank's 2020 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.

This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics, and assess Peoples Bank's mortgage approval patterns. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in Washington, download the full spreadsheet with aggregated HMDA statistics today.

Download the Washington Lender List