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PeoplesBank

Bank•Holyoke, MAHQ•Direct•Reviews near you on Google

PeoplesBank has 243 closed loans in our dataset — fully analyzed and benchmarked against peers across the 5 Ps of Mortgage Shopping.

Safe Rate Ratings· each scored 1–5 against peer lenders
Pricing
Exceptional
5/5
vs. all lenders
Pull-through
Strong
4/5
closing strength
Product
Strong
4/5
Conventional · Jumbo
Place
Strong
4/5
Multi-Region · 5 mkts
Safe Rate Awards
Conventional Superstar
Conventional
Superstar
Purchase Superstar
Purchase
Superstar

Safe Rate Summary

What They Do Well

  • Offers rates 10.10 basis points below market average
  • Lower than average lender fees
  • Strong pull through performance

Explore another lender or local market

Report Card

PeoplesBank performance at a glance

Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Exceptional
Rates 10.1 bps below market avg
Pull Through
Closing strength
Strong
Top 40% of lenders
By Loan Product· Specialization by type
Conventional
Strong
Top 40% of lenders
Jumbo
Sound
Top 60% of lenders
By Loan Purpose· Transaction purpose mix
Purchase
Sound
Top 60% of lenders
Refinance
Sound
Top 60% of lenders
By Location· Geographic coverage
Geographic Reach
Multi-Regional · 5 markets
Strong
Top 40% of lenders

Loan Product Performance

Performance by Loan Product

Conventional
Overall
Strong
Product
Strong
Pricing
Exceptional
Pull Through
Strong
Volume226
Mix93.0%
Spread
-0.085%Below
Fees
$688Fees
Jumbo Loans
Overall
Sound
Product
Sound
Pricing—
Pull Through
Sound
Volume17
Mix7.0%
Spread
-0.317%Below
Fees
$971Fees

Loan Purpose Performance

Performance by Loan Purpose

Purchase
Overall
Strong
Product
Sound
Pricing
Exceptional
Pull Through
Strong
Volume213
Mix87.7%
Spread
-0.146%Below
Fees
$737Fees
Refinance
Overall
Sound
Product
Sound
Pricing
Sound
Pull Through
Sound
Volume30
Mix12.3%
Spread
+0.268%Above
Fees
$470Fees

At a Glance

Lender Overview

Lending Activity
Loans Originated
243
Applications
307
Volume
$93 million
Pricing & Closing
Avg Rate Spread
-0.101%
vs. market APOR
Avg Net Fees
$708
Origination − Credits
Pullthrough Rate
79.2%
Applications → Closed
Typical Borrower
Avg Loan Amount
$383,765
Avg Borrower Income
$175,938
Avg Property Value
$500,967

Geographic Coverage

Geographic Performance

Metro Areas
5
markets with activity
States Served
6
of 50 states + DC
Avg Place Specialization
Strong
4/5

States with Loan Originations

6
6 states with loan originationsAlaskaAlabamaArkansasArizonaCaliforniaColoradoConnecticutWashington, DCDelawareFloridaGeorgiaHawaiiIowaIdahoIllinoisIndianaKansasKentuckyLouisianaMassachusettsMarylandMaineMichiganMinnesotaMissouriMississippiMontanaNorth CarolinaNorth DakotaNebraskaNew HampshireNew JerseyNew MexicoNevadaNew YorkOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVirginiaVermontWashingtonWisconsinWest VirginiaWyoming
Northeast6
CTMEMANHRIVT

Top Metro Areas by Place Specialization Score

1© Matt Turner · CC BY 2.0
Springfield, MAMetro
Volume 106Mix 43.62% of portfolio
85/100
Exceptional
2© JonesLibraryMA · CC BY 2.0
Amherst Town, MAMetro
Volume 39Mix 16.05% of portfolio
78/100
Strong
3© Quintin Soloviev · CC BY 4.0
Hartford, CTMetro
Volume 40Mix 16.46% of portfolio
62/100
Strong
4© Roman Eugeniusz · CC BY-SA 3.0
New Haven, CTMetro
Volume 19Mix 7.82% of portfolio
54/100
Sound
5© Quintin Soloviev · CC BY 4.0
Worcester, MAMetro
Volume 10Mix 4.12% of portfolio
44/100
Sound

Top States by Place Specialization Score

Massachusetts
Massachusetts
1
MassachusettsState
Volume 167Mix 68.72% of portfolio
74/100
Strong
Connecticut
Connecticut
2
ConnecticutState
Volume 65Mix 26.75% of portfolio
65/100
Strong

How We Rank Lenders

Our rankings use an equal-weight average of scores across our core categories (Pricing, Product, Pull-Through, Place), with lender promptness blended in when a lender has responded to real shopper quote requests.

Our Point System (Max 30 Points)

10/ 30 pts
Pricing
Rate and fee competitiveness (33%)
10/ 30 pts
Pull Through
Reliability in closing loans (33%)
10/ 30 pts
Product
Specialization in the loan type (33%)
💎
Champion(80%+ = 24-30 points)
⭐
Superstar(60-79% = 18-23 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.