Peapack Private Bank & Trust mortgage approval rate & lending review
Peapack Private Bank & Trust decided 508 mortgage applications and funded 468 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Peapack Private Bank & Trust reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Peapack Private Bank & Trust at a glance
Approval is 10.2 points above the 84.8% 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 | 96% | 326 / 341 | 97% | $485K | 317 |
| Investment property purchase | 93% | 69 / 74 | 97% | $545K | 67 |
| Investment cash-out refinance | 100% | 25 / 25 | 96% | $335K | 24 |
Peapack Private Bank & Trust lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| New Jersey | 95% | $485K | 393 | 365 |
| New York | 92% | $1.80M | 60 | 51 |
| Florida | 100% | $755K | 38 | 36 |
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 Peapack Private Bank & Trust lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Union County, NJ | Mortgage lenders | 96% | 75 | 72 |
| Somerset County, NJ | Mortgage lenders | 95% | 66 | 62 |
The county markets where Peapack Private Bank & Trust made the most loans. Each link opens that market with every lender ranked.
Questions about Peapack Private Bank & Trust
What is Peapack Private Bank & Trust's mortgage approval rate?
Peapack Private Bank & Trust approved 95.1% of the 508 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 10.2 points above the 84.8% national rate for the same mix of loan types.
How often do borrowers take the loan Peapack Private Bank & Trust offers?
Borrowers accepted 97% of the loans Peapack Private Bank & Trust approved, against 96% for all home purchase mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Peapack Private Bank & Trust make?
The typical home purchase mortgage loan Peapack Private Bank & Trust made was $485K; across all loan types its typical loan ran from $335K to $545K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Peapack Private Bank & Trust lend?
Peapack Private Bank & Trust decided applications in 9 of the states Fat Boy Data covers, most of them in New Jersey, New York and Florida.
Can I apply to Peapack Private Bank & Trust directly?
Yes. Peapack Private Bank & Trust is a bank or credit union with 19 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Peapack Private Bank & Trust'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 Peapack Private Bank & Trust treats applications, then get a rate quote from the lender.