Peoples Mortgage NMLS #6274
At a glance
- HeadquartersTempe, AZ
- Size2,983 home loans closed in 2025
- Loan typesConventional, FHA and VA
- Licensed in37 states
- Formed in1982
2025 figures are for MORIA DEVELOPMENT, INC.'s filing.
What it closes
Share of its 2025 home loans: 62% Conventional, 30% FHA, 7% VA and 1% Other types.
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Who is Peoples Mortgage?
Peoples Mortgage (NMLS #6274) is a lender listed in the NMLS registry. FreeRateUpdate publishes this review alongside current mortgage rates, a rate finder, and mortgage calculators.
Is Peoples Mortgage legit?
Here's what public licensing records show. Peoples Mortgage holds mortgage licenses in 37 states, including Arizona, Arkansas, California, Colorado, District of Columbia (NMLS ID #6274, per NMLS records as of October 1, 2026). FreeRateUpdate publishes a Score built from public data and our own records. It does not endorse or vouch for any lender. You can confirm any lender's license yourself at nmlsconsumeraccess.org.
Key Facts
- Lender or brokerPeoples Mortgage
- NMLS #6274
- Verified by FreeRateUpdateCompany name and NMLS ID, checked against NMLS on
- In the FreeRateUpdate network since
- Profile updated
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About Peoples Mortgage
Overview
Peoples Mortgage is a mortgage lender for consumers financing a home. The company’s borrower resources include a learning center with material on home buying, credit scores, mortgage calculators, and the mortgage process.
Mortgage options
Peoples Mortgage offers home loans for buyers and refinancing for existing mortgages.
How it works
Borrowers can start an application online and upload documents from a phone. They can also search for a loan officer.
Locations
Peoples Mortgage has 64 branches in Alabama, Arizona, California, Colorado, Florida, Maryland, Nebraska, New Jersey, New Mexico, Nevada, Ohio, South Carolina, Texas, Utah, Virginia, Washington, and Wyoming.
Company details and licensing
Peoples Mortgage is a trade name of Moria Development, Inc., an Arizona corporation formed on March 19, 1982. Supported trade names include Peoples Mortgage Company and Peoples Mortgage Home Loans. The company is headquartered at 2055 E Centennial Cir, Tempe, Arizona 85284, and its NMLS company ID is 6274.
Peoples Mortgage is licensed in Alabama, Arkansas, Arizona, California, Colorado, the District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maryland, Michigan, Minnesota, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin, West Virginia, and Wyoming.
Verify NMLS #6274 on NMLS Consumer Access
Sources
Sources last checked . These are the outside records this profile was written from. FreeRateUpdate is not affiliated with them, and they have not reviewed, endorsed, or approved FreeRateUpdate or this page.
Formation date and trade names come from NMLS registry records. FreeRateUpdate is not affiliated with NMLS, and NMLS has not reviewed, endorsed, or approved FreeRateUpdate or this page.
Additional information
Reported application outcomes and pricing, 2025
- Filed asMORIA DEVELOPMENT, INC.
- Peoples Mortgage is a registered trade name of Moria Development, Inc. (NMLS #6274), which filed these figures.
- 2025 home loan decisionsOf 3,114 applications decided by MORIA DEVELOPMENT, INC. in 2025, 2,983 were originated, 30 were approved but not accepted by the borrower, and 101 were denied.
- Approval rate: approved (originated plus approved but not accepted) as a share of applications decided (approved plus denied) = 96.8%. Withdrawn, incomplete and purchased loans are not counted.
- Withdrawn, incomplete and purchasedBeyond the decisions above, 950 applications were withdrawn by the borrower, 148 were closed for incompleteness, and 0 loans were purchased from another lender. HMDA counts these as outcomes in their own right — withdrawn before a decision, closed with no decision reached, and a purchased loan is one bought from another lender — and none of them is a lending decision.
- Median rate spread0.423 percentage points above the average prime offer rate (reported on 2,700 originations, 283 reported no spread at all — a median of what was reported, not of everything originated)
These are reported outcomes from past applications, and on their own they do not show how this lender treated any borrower.
Reported closing costs, 2025
- Median total loan costs$7,534.52 — originated closed-end household loans, 2025, 2,883 of 2,884 loans. FFIEC HMDA data browser.
- Median origination charges$2,856.44 — originated closed-end household loans, 2025, 2,884 loans. FFIEC HMDA data browser.
- About these figuresThese are historical closing costs reported in the 2025 filing, not a quote for your loan.
Reported product mix, 2025
- Loan types1,835 Conventional, 881 FHA, 222 VA, 45 USDA — of 2,983 reported originations, 2025. FFIEC HMDA data browser.
Evidence read October 20, 2026
Source: FFIEC HMDA data browser, 2025 filing. Historical HMDA-reported application outcomes and pricing fields for MORIA DEVELOPMENT, INC. — historical outcomes for the applications it decided. This is not a statement of any consumer's likelihood of approval and not a current rate quote.
Frequently Asked Questions
Is Peoples Mortgage legit?
Here's what public licensing records show. Peoples Mortgage holds mortgage licenses in 37 states, including Arizona, Arkansas, California, Colorado, District of Columbia (NMLS ID #6274, per NMLS records as of October 1, 2026). FreeRateUpdate publishes a Score built from public data and our own records. It does not endorse or vouch for any lender. You can confirm any lender's license yourself at nmlsconsumeraccess.org.
What is Peoples Mortgage's NMLS number?
Peoples Mortgage's NMLS number is 6274. You can look up its license status on NMLS Consumer Access, at nmlsconsumeraccess.org.
Has FreeRateUpdate verified Peoples Mortgage's NMLS ID?
Yes. We checked Peoples Mortgage's company name and NMLS ID against the NMLS record on October 18, 2026. They've been in our lender network since December 2011. That confirms who the company is. It isn't an endorsement, and it doesn't check their license in any particular state.
Where can I learn more about Peoples Mortgage?
This page has Peoples Mortgage's NMLS identity, which we verified, and its company details, with links to the records they come from where we have them. For its license status in a particular state, check NMLS Consumer Access.