LEI 5493008HV53MEILG2D59 · Sewell, NJ
Parke Bank
Originated-loan volume lands in the upper fleet tercile (443 funded) among 458 reported applications in the 2024 HMDA Snapshot.
Originated-volume tercile vs fleet
Parke Bank funded 443 mortgages, upper fleet tercile (above ~310 originations), ranking #1,330 of 4,908 by originated-loan volume and sits below the 1,000-application origination-share board (458 applications).
- n/a
- Below 1,000-app share board
- 96.7%
- Origination share
- 443
- Originated
- 0.9%
- Denial rate
According to the CFPB HMDA 2024 Snapshot. Origination share is originated divided by applications among reporters with 1,000+ applications. Denial share and origination share do not sum to 100% because HMDA also records withdrawals, incompletes, and purchased loans. See /methodology#corpus-placement. Informational reporting, not mortgage advice.
Reported application outcomes
458 reported applications
Where Parke Bank sits by reported originations
2024 CFPB HMDA reporting lenders, bucketed by originated-loan count
443 Top 27% higher than 73% of 4,908 reporting lenders
Each bar is a 50,000-originated loans band. The dashed line and filled bar mark this lender. Hover, tap, or focus a bar for its count and population share.
Source CFPB Home Mortgage Disclosure Act loan/application register · 2024 reporting year
Loan types by applications · Parke Bank
Application volume by HMDA loan type in this lender's 2024 book.
Cited denial reasons · Parke Bank
Lender-reported HMDA denial-reason counts (top reasons shown).
High-volume book. Parke Bank funded 443 mortgages, above the fleet upper tercile (~310 originations) - so absolute denial and purpose counts matter more here than at thin reporters. Most-cited denial codes: Other, Collateral, Credit history. Program weight concentrates in Conventional (458 applications).
How to read Parke Bank. These figures are aggregate HMDA disclosures for this lender's 2024 book, not any one file. Rates reflect applicant mix (credit, LTV, DTI, geography) as much as underwriting posture. Informational data reporting, not financial, legal, or mortgage advice. Source vintage: CFPB HMDA 2024 Snapshot.
Lending activity by loan program · Parke Bank
Parke Bank filed most under Conventional. Applications, originations and denials are separate outcomes of the same filing, so the columns do not sum.
| Type | Applications | Originated | Denied | Avg Loan |
|---|---|---|---|---|
| Conventional | 458 | 443 | 4 | $352,096 |
Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Parke Bank (LEI: 5493008HV53MEILG2D59) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.
Why borrowers applied
Purchase, refinance and cash-out are reported as distinct purposes; average loan size usually separates them more sharply than volume does.
| Purpose | Applications | Originated | Avg Loan |
|---|---|---|---|
| Home Purchase | 433 | 418 | $351,259 |
| Refinancing | 17 | 17 | $388,529 |
| Home Improvement | 6 | 6 | $371,667 |
| Other | 1 | 1 | $155,000 |
| Cash-out Refinancing | 1 | 1 | $175,000 |
Reported outcomes by applicant race
CFPB derived race categories. HMDA carries no credit score, debt-to-income ratio or down payment, so a gap between these rows is an outcome difference and never, on its own, evidence of discrimination.
| Race | Applications | Approval Rate | Denial Rate |
|---|---|---|---|
| Asian | 386 | 98.5% | 0.0% |
| White * | 9 | 66.7% | 11.1% |
* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.
Reported outcomes by applicant ethnicity
Hispanic or Latino is an ethnicity, not a race, and is reported separately per U.S. Census Bureau standards. The same limitation applies: HMDA records the outcome, not the underwriting inputs behind it.
| Ethnicity | Applications | Approval Rate | Denial Rate |
|---|---|---|---|
| Not Hispanic or Latino | 387 | 97.9% | 0.3% |
| Hispanic or Latino * | 2 | 100.0% | 0.0% |
| Joint * | 1 | 100.0% | 0.0% |
* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.
Nearby Lenders in NJ
Other HMDA-reporting lenders in NJ with similar activity. Compare any two side-by-side.
One of 113 other HMDA-reporting lenders in NJ, 5 are shown here.
TD Bank
Mount Laurel, NJ
HomeBridge Financial Services, Inc
Iselin, NJ
American Neighborhood Mortgage Acceptance Company
Mt. Laurel, NJ
American Financial Resources LLC
PARSIPPANY, NJ
Longbridge Financial, LLC
PARAMUS, NJ
Read with Parke Bank
Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. For Parke Bank (LEI 5493008HV53MEILG2D59), from the FFIEC/CFPB HMDA Snapshot National Loan-Level Dataset (2024). See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.