Parke Bank · New York · 2025

Parke Bank in New York: approval rate, denial rate and rates (2025)

Parke Bank took 14 mortgage applications in New York in 2025, ranking #437 of 750 lenders active in the state. It originated 50.0% of them and denied 14.3% (22.2% of the applications it decided), against a statewide denial rate of 19.8%.

14Applicationsin NY
22.2%Decision denial ratestate 24.0%
7.00%Median ratestate 6.63%
$2,460,000Median loanstate $235,000
$30MVolume4 counties

Parke Bank in New York vs the state

14.3%Denial rate-5.46 pts vs state
22.2%Decision denial rate-1.82 pts vs state
50.0%Origination rate-9.59 pts vs state
7.00%Median rate+0.38 pts vs state
Rate spread (pts)
$145kMedian applicant income
7Loans originated
2Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023730.0%7.00%#482
202514714.3%7.00%#437

What Parke Bank lends in New York

By loan purpose

Home purchase 5 36% · 20.0% denied
Refinance 8 57% · 12.5% denied
Home improvement 1 7% · 0.0% denied

By loan type

Conventional 14 100% · 14.3% denied

Why it denied New York applicants

Debt-to-income ratio 2 100%

Where in New York

Counties with the most Parke Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bronx County 640 0.0%
Kings County 411 25.0%
Queens County 311 33.3%
Nassau County 110 0.0%

Other large lenders in New York

LenderGradeApplicationsDenial rateMedian rate
Citizens BankC 20,31532.7%7.97%
Rocket MortgageC 19,92422.0%6.88%
United Shore Financial ServicesB 14,77711.2%6.50%
JPMorgan Chase BankB 14,73511.7%6.38%
Manufacturers and Traders TrustC 12,33531.3%5.99%
Bank of AmericaF 10,19335.7%5.99%
Bethpage Federal Credit UnionC 9,73647.2%6.49%
TD BankD 9,23930.2%7.69%
NewrezD 8,65424.2%6.75%
ESL Federal Credit UnionB 7,81717.6%4.50%

Frequently asked questions

New York: 14 applications in 2025, of which 7 were originated and 2 denied.

14.3% of all applications, or 22.2% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

The median rate on loans Parke Bank originated in New York in 2025 was 7.00%, against a statewide median of 6.63%.

About this data. Figures are Parke Bank's own HMDA filing for properties located in New York, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology