Peoples Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2008

Peoples Bank 2008 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
518 West C Street
Newton, NC 28658
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 353
Total Mortgage Loan Application Amount $48,377,000
Average Mortgage Loan Application Amount $109,333
Highest Mortgage Loan Application Amount $3,000,000
Average Applicant Income $55,333
Highest Applicant Income $8,099,000

Explore comprehensive HMDA mortgage statistics and lending trends for 2008 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 2008 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 2008.

Mortgage Loan Application Totals for Peoples Bank by County in 2008

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Catawba County North Carolina 94 $ 11,675,000 $ 124,000 $ 28,000
Mecklenburg County North Carolina 69 $ 7,537,000 $ 109,000 $ 52,000
Lincoln County North Carolina 60 $ 8,143,000 $ 135,000 $ 40,000
Iredell County North Carolina 27 $ 5,153,000 $ 190,000 $ 359,000
Gaston County North Carolina 20 $ 1,593,000 $ 79,000 $ 26,000
Union County North Carolina 15 $ 1,601,000 $ 106,000 $ 29,000
Cabarrus County North Carolina 14 $ 1,586,000 $ 113,000 $ 35,000
Caldwell County North Carolina 9 $ 1,579,000 $ 175,000 $ 48,000
Alexander County North Carolina 6 $ 525,000 $ 87,000 $ 44,000
Wake County North Carolina 5 $ 650,000 $ 130,000 $ 68,000
Burke County North Carolina 4 $ 364,000 $ 91,000 $ 16,000
Cleveland County North Carolina 4 $ 353,000 $ 88,000 $ 6,000
Rowan County North Carolina 4 $ 3,358,000 $ 839,000 $ 19,000
Durham County North Carolina 3 $ 286,000 $ 95,000 $ 26,000
Johnston County North Carolina 3 $ 229,000 $ 76,000 $ 83,000
Guilford County North Carolina 2 $ 112,000 $ 56,000 $ 20,000
Lee County North Carolina 2 $ 138,000 $ 69,000 $ 25,000
Ashe County North Carolina 1 $ 93,000 $ 93,000 $ 348,000
Brunswick County North Carolina 1 $ 1,546,000 $ 1,546,000 $ 0
Cumberland County North Carolina 1 $ 238,000 $ 238,000 $ 0
Dare County North Carolina 1 $ 750,000 $ 750,000 $ 151,000
Franklin County North Carolina 1 $ 220,000 $ 220,000 $ 17,000
Haywood County North Carolina 1 $ 116,000 $ 116,000 $ 0
Nash County North Carolina 1 $ 72,000 $ 72,000 $ 38,000
Rutherford County North Carolina 1 $ 56,000 $ 56,000 $ 35,000
Stanly County North Carolina 1 $ 77,000 $ 77,000 $ 39,000

Mortgage Loan Application Detail Totals for Peoples Bank in 2008

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
Home Purchase 214 $29,151,000 $136,000 $2,086,000 $69,000 $8,099,000
Refinancing 114 $18,476,000 $162,000 $3,000,000 $54,000 $348,000
Home Improvement 25 $750,000 $30,000 $275,000 $43,000 $153,000

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 164 $21,748,000 $132,000 $940,000 $104,000 $8,099,000
Hispanic 124 $11,430,000 $92,000 $266,000 $38,000 $347,000
Not applicable 59 $14,390,000 $243,000 $3,000,000 $0 $0
Black or African American 3 $153,000 $51,000 $57,000 $30,000 $59,000
Not Provided 2 $190,000 $95,000 $170,000 $43,000 $51,000
Asian 1 $466,000 $466,000 $466,000 $125,000 $125,000
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0

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) 351 $48,087,000 $137,000 $3,000,000 $63,000 $8,099,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 2 $290,000 $145,000 $250,000 $10,000 $21,000
VA-guaranteed (Veterans Administration) 0 $0 $0 $0 $0 $0
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0

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 277 $41,105,000 $148,000 $3,000,000 $69,000 $8,099,000
Application Denied By Financial Institution 52 $4,409,000 $84,000 $310,000 $36,000 $155,000
Application Withdrawn By Applicant 24 $2,863,000 $119,000 $750,000 $42,000 $151,000
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $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
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0
Debt-To-Income Ratio 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Peoples Bank's 2008 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 North Carolina, download the full spreadsheet with aggregated HMDA statistics today.

Download the North Carolina Lender List