Parke Bank in New Jersey vs the state
3.2%Denial rate-14.46 pts vs state
3.6%Decision denial rate-19.48 pts vs state
80.7%Origination rate+24.97 pts vs state
7.00%Median rate+0.25 pts vs state
-0.13Rate spread (pts)-0.41 pts vs state
$103kMedian applicant income
25Loans originated
1Denied
Trend in New Jersey
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 40 | 38 | 2.5% | 6.75% | #362 |
| 2024 | 29 | 24 | 3.5% | 7.13% | #404 |
| 2025 | 31 | 25 | 3.2% | 7.00% | #397 |
What Parke Bank lends in New Jersey
By loan purpose
By loan type
Why it denied New Jersey applicants
Where in New Jersey
Counties with the most Parke Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Atlantic County | 13 | 10 | 1 | 7.7% |
| Camden County | 9 | 8 | 0 | 0.0% |
| Burlington County | 4 | 4 | 0 | 0.0% |
| Gloucester County | 2 | 2 | 0 | 0.0% |
| Essex County | 1 | 0 | 0 | 0.0% |
| Cape May County | 1 | 0 | 0 | 0.0% |
| Passaic County | 1 | 1 | 0 | 0.0% |
Other large lenders in New Jersey
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 16,339 | 16.1% | 6.75% |
| TD Bank | D | 12,532 | 26.2% | 7.49% |
| Bank of America | F | 12,142 | 30.6% | 6.00% |
| Citizens Bank | C | 12,113 | 28.9% | 7.40% |
| Crosscountry Mortgage | B | 12,042 | 5.3% | 6.75% |
| PNC Bank | D | 10,815 | 27.8% | 7.75% |
| United Shore Financial Services | B | 10,552 | 15.3% | 6.38% |
| Guaranteed Rate | B | 8,643 | 5.5% | 6.58% |
| Newrez | D | 6,535 | 22.5% | 6.99% |
| Loandepot.Com | D | 6,491 | 15.3% | 6.63% |
Frequently asked questions
New Jersey: 31 applications in 2025, of which 25 were originated and 1 denied.
3.2% of all applications, or 3.6% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.
The median rate on loans Parke Bank originated in New Jersey in 2025 was 7.00%, against a statewide median of 6.75%.
About this data. Figures are Parke Bank's own HMDA filing for properties located in New Jersey, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology