Parke Bank mortgage approval rate & lending review
Parke Bank decided 1,370 mortgage applications and funded 1,333 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Parke Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Parke Bank at a glance
Approval is 12.8 points above the 86.8% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 99% | 413 / 416 | 98% | $245K | 405 |
| Investment property purchase | 100% | 864 / 866 | 98% | $195K | 845 |
| Investment refinance | 100% | 58 / 58 | 95% | $195K | 55 |
Parke Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Pennsylvania | 100% | $195K | 1,243 | 1,212 |
| New Jersey | 98% | $325K | 84 | 80 |
| Delaware | 100% | $325K | 30 | 30 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Parke Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Philadelphia County, PA | Investment property purchase | 100% | 711 | 695 |
| Philadelphia County, PA | Mortgage lenders | 100% | 249 | 245 |
| Philadelphia County, PA | Investment refinance | 100% | 41 | 39 |
| Montgomery County, PA | Investment property purchase | 100% | 29 | 28 |
| Delaware County, PA | Investment property purchase | 100% | 28 | 27 |
The county markets where Parke Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Parke Bank
What is Parke Bank's mortgage approval rate?
Parke Bank approved 99.6% of the 1,370 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 12.8 points above the 86.8% national rate for the same mix of loan types.
How often do borrowers take the loan Parke Bank offers?
Borrowers accepted 98% of the loans Parke Bank approved, against 95% for all investment property mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Parke Bank make?
The typical investment property mortgage loan Parke Bank made was $195K; across all loan types its typical loan ran from $195K to $245K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Parke Bank lend?
Parke Bank decided applications in 7 of the states Fat Boy Data covers, most of them in Pennsylvania, New Jersey and Delaware.
Can I apply to Parke Bank directly?
Yes. Parke Bank is a bank or credit union with 8 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Parke Bank's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Parke Bank treats applications, then get a rate quote from the lender.