What loan types does New Peoples Bank offer?

New Peoples Bank offers the following mortgage loan types: Conventional. Each product has its own pricing score and performance metrics.

Where does New Peoples Bank offer mortgages?

New Peoples Bank offers mortgages in 5 states: NC, SC, TN, VA, WV.

How competitive are New Peoples Bank's mortgage rates?

New Peoples Bank has an overall pricing score of 9.5/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is New Peoples Bank?

New Peoples Bank is a Bank headquartered in Honaker, VA.

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New Peoples Bank

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New Peoples Bank has 43 closed loans in our dataset — fully analyzed and benchmarked against peers across the 5 Ps of Mortgage Shopping.

Ratings· each scored 1–5 against peer lenders

Pricing

Mediocre

1/5

vs. all lenders

Pull-through

Acceptable

2/5

closing strength

Product

Acceptable

2/5

Conventional

Place

Sound

3/5

Regional · 1 mkts

Promptness

Not enough data

—/5

No quote responses measured yet

Summary

Things to Think About

Pricing may be below industry average
Pull through efficiency is below industry average

Explore another lender or local market

Report Card

New Peoples Bank performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Mediocre

+17.8 bps above market avg

1/5

Pull Through

Closing strength

Acceptable

Bottom 40% of lenders

2/5

By Loan Product· Specialization by type

Conventional

42 loans · 0.18% above market

Acceptable

Bottom 40% of lenders

2/5

By Loan Purpose· Transaction purpose mix

Purchase

30 loans · 0.23% above market

Mediocre

Bottom 20% of lenders

1/5

Refinance

13 loans · 0.08% above market

Acceptable

Bottom 40% of lenders

2/5

By Location· Geographic coverage

Geographic Reach

Regional · 2 markets

Sound

Top 60% of lenders

3/5

Loan Product Performance

Performance by Loan Product

Loan Type	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Conventional	Acceptable	Acceptable	Mediocre	Acceptable	42	97.7%	+0.178%Above	$2,750Fees

Conventional

Overall

Acceptable

Product

Acceptable

Pricing

Mediocre

Pull Through

Acceptable

Volume42

Mix97.7%

Spread

+0.178%Above

Fees

$2,750Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Mediocre	Mediocre	—	Mediocre	30	69.8%	+0.231%Above	$2,928Fees
Refinance	Acceptable	Acceptable	—	Sound	13	30.2%	+0.084%Above	$2,432Fees

Purchase

Overall

Mediocre

Product

Mediocre

Pricing—

Pull Through

Mediocre

Volume30

Mix69.8%

Spread

+0.231%Above

Fees

$2,928Fees

Refinance

Overall

Acceptable

Product

Acceptable

Pricing—

Pull Through

Sound

Volume13

Mix30.2%

Spread

+0.084%Above

Fees

$2,432Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

Applications

Volume

$13 million

Pricing & Closing

Avg Rate Spread

+0.178%

vs. market APOR

Avg Net Fees

$2,750

Origination − Credits

Pullthrough Rate

64.2%

Applications → Closed

Typical Borrower

Avg Loan Amount

$314,535

Avg Borrower Income

$167,116

Avg Property Value

$438,721

Geographic Coverage

Geographic Performance

Metro Areas

markets with activity

States Served

of 50 states + DC

Avg Place Specialization

Sound

3/5

States with Loan Originations

5Full-year 2024 · HMDA

Loans originated

< 1010+None

South5

NCSCTNVAWV

Top Metro Areas by Place Specialization Score

Kingsport, TN-VAMetro

Volume 11Mix 25.58% of portfolio

52/100

Sound

Top States by Place Specialization Score

VirginiaState

Volume 22Mix 51.16% of portfolio

55/100

Sound

West VirginiaState

Volume 10Mix 23.26% of portfolio

48/100

Sound

How We Rank Lenders

Our rankings use an equal-weight average of scores across the 5 Ps — Pricing, Product, Pull-Through, and Place — with lender promptness blending in as the fifth once a lender has responded to real shopper quote requests.

Our Point System (Max 50 Points)

10/ 50 pts

Pricing

How competitively a lender prices vs. the market benchmark (20%).

10/ 50 pts

Product

Performance on your specific loan type (20%).

10/ 50 pts

Pull Through

How reliably a lender closes the loans it starts (20%).

10/ 50 pts

Place

Depth of a lender's expertise in your local market (20%).

10/ 50 pts

Promptness

How quickly a lender answers real quote requests — blended in once they respond (20%).

Champion(80%+ = 40-50 points)

Superstar(60-79% = 30-39 points)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

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The 5 PsRankings are calculated from observed lender differences on closed loans across Pricing, Pull-through, Product, and Place, plus Promptness when a lender has answered real shopper quote requests.

No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.

HMDA 2024Built using publicly available originated loan data from the federal government.

Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.