Lender Register
HMDA year on file2025
Name of the lender

Parke Bank in PennsylvaniaMortgage rates, total loan costs and denial rate for homes in Pennsylvania, 2025

HMDA year2025
Head office
Sewell, NJ
Reporting agency
Federal Deposit Insurance Corporation (FDIC)
Legal Entity Identifier (LEI)

Parke Bank reported 286 applications for homes in Pennsylvania in the HMDA data of 2025.

It originated 274 loans in the state in 2025, for $95.1 million in total.

The median interest rate of these loans in 2025 was 6.500%, and the median of all lenders in Pennsylvania was 6.500%.

The median total loan costs in 2025 were $9,073, and the state median was $6,390.

It denied 0.4% of the applications that it decided in the state in 2025, and the state denial rate was 22.2%.

Filed figures of Parke Bank in Pennsylvania, 2025
FigureIn PALender, all statesPA, all lenders
Applications286347447,498
Loans originated274322272,809
Median interest rate6.500%6.500%6.500%
Median total loan costs$9,073$9,158$6,390
Denial rate0.4%1.2%22.2%

HMDA data are generally not used alone to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions.

The words of the Consumer Financial Protection Bureau (CFPB). Source: Consumer Financial Protection Bureau, Summary of 2023 Data on Mortgage Lending (11 July 2024), copied on . The figures on this page are from the HMDA data of , the snapshot dataset.

PricingMedians of 2025 loans in PA

Pricing medians of Parke Bank in Pennsylvania, 2025Each value has the median of all lenders in Pennsylvania under it.
LoansLoans in the mediansInterest rateTotal loan costsOrigination chargesDiscount points, of the loans with pointsLender credits, of the loans with creditsRate spread, points
All loans in PA1056.500%PA 6.500%$9,073PA $6,390$5,800PA $1,910n/aPA $2,227n/aPA $500−0.069PA 0.232

Medians are for originated closed-end loans with a first lien. Reverse mortgages, open-end lines of credit and loans for a business purpose are not in the medians. A median needs 20 loans.

The median rate spread was 0.069 percentage points below the average prime offer rate. On a loan of $300,000, that is about $207 less a year, or $17 less a month.

The dollar amount is a simple interest approximation: the rate spread times the full loan amount for one year. The balance of a loan decreases with each payment, and an APR includes some fees, so the amount for a real loan is different.

Action taken and loan types

Records in Pennsylvania by the action taken
Action takenRecordsShare
1Loan originated27495.8%
2Application approved but not accepted93.1%
3Application denied10.3%
4Application withdrawn by applicant20.7%
5File closed for incompleteness00.0%
6Purchased loan00.0%
7Preapproval request denied00.0%
8Preapproval request approved but not accepted00.0%
Applications in Pennsylvania by loan type
Loan typeApplicationsLoans originatedDenial rate
Conventional2862740.4%

Counties in Pennsylvania

Counties of Parke Bank in Pennsylvania with 25 applications or more, 2025In order of the names.
CountyApplicationsLoans originatedAmountDenial rate
Philadelphia County230222$75.1 million0.0%

Figures by year

Parke Bank in Pennsylvania by HMDA year"n/a" shows a year with fewer than 25 applications in the state.
YearApplicationsLoans originatedAmountMedian interest rateMedian total loan costsDenial rate
2025286274$95.1 million6.500%$9,0730.4%
2024412404$123 millionn/an/a0.5%
2023569553$143 millionn/an/a0.4%
2022963941$291 millionn/an/a0.2%

Official channelsLinks checked 2 Oct 2026

Cite this page

Page
Lender Register, "Parke Bank in Pennsylvania: mortgage rates, 2025", https://lenderregister.com/lender/5493008hv53meilg2d59-parke-bank/pa/
Source
Federal Financial Institutions Examination Council and Consumer Financial Protection Bureau, Home Mortgage Disclosure Act data, 2025
Data date
HMDA year . Page made .

Provenance

The figures come from the public HMDA loan/application register of 2022 to 2025. They are the records of this LEI for homes in Pennsylvania. This site withholds a figure with fewer than 25 applications. Method of the figures. Terms. Report an error.

Questions

What share of the loans of Parke Bank were in Pennsylvania in 2025?
274 of its loans originated, out of 322 in all states. That is 85.1%.
In which counties of Pennsylvania did Parke Bank originate the most loans in 2025?
Only one county has 50 applications or more of the lender: Philadelphia County, with 222 loans originated.
Which loan types did Parke Bank originate in Pennsylvania in 2025?
All its loans in the state were of one type: 274 conventional.
How did the applications of Parke Bank in Pennsylvania change from 2022 to 2025?
It reported 963 applications in 2022 and 286 in 2025.