Peapack-Gladstone Bank at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the A grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
81st3.4% deniedProcesswithdrawn + incomplete share, weight 15%
80th4.6%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 322 | 262 | 4.0% | 4.6% | 5.50% | $183M |
| 2024 | 120 | 104 | 5.0% | 5.4% | — | $130M |
| 2025 | 219 | 194 | 3.2% | 3.4% | — | $321M |
What Peapack-Gladstone Bank lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 79 investment properties.
Who gets approved at Peapack-Gladstone Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 31 | 27 | 0.0% |
| $100k – $150k | 29 | 24 | 7.7% |
| Over $250k | 51 | 41 | 8.3% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 38 | 31 | 2.9% |
| 35–44 | 32 | 24 | 13.8% |
| 45–54 | 24 | 21 | 4.4% |
| 55–64 | 20 | 18 | 5.3% |
Where Peapack-Gladstone Bank lends
10 states and 43 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| New Jersey | 122 | 110 | 2.5% | — | #249 |
| New York | 69 | 59 | 5.8% | — | #305 |
| Florida | 11 | 10 | 0.0% | — | #897 |
| Pennsylvania | 7 | 7 | 0.0% | — | #745 |
Frequently asked questions
Peapack-Gladstone Bank denied 3.4% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 81st percentile of small mortgage lenders.
In 2025, 60% of its applications were for home purchases, 37% for refinancing (including cash-out), and 4% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.