Purchase Originations
102
Median Total Costs
$9,369
+40.3% vs national ($6,680)
↓ $347 vs prior year
Median Rate
6.500%
+0.1% vs national (6.490%)
↓ 0.250% vs prior year
Median Origination
$5,950
Median Lender Credits
—
Denial Rate
0.9%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 102 | 6.500% | $9,369 | $5,950 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Pennsylvania | 90 | 6.500% | $9,278 | #169 |
| New Jersey | 7 | 6.500% | $8,319 | — |
| Delaware | 5 | 6.500% | $12,631 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $2,781 | 6.875% | — | 3 | −$6,588 | |
| 2 | $6,899 | 5.750% | — | 1 | −$2,470 | |
| 3 | $8,557 | 6.500% | — | 5 | −$812 | |
| 4 | $9,003 | 6.500% | — | 63 | −$366 | |
| 5 | $11,305 | 6.500% | — | 5 | +$1,936 | |
| 6 | $11,901 | 6.500% | — | 1 | +$2,532 | |
| 7 | $12,712 | 6.500% | — | 11 | +$3,343 | |
| 8 | $12,946 | 6.500% | — | 5 | +$3,577 | |
| 9 | $13,432 | 6.500% | — | 3 | +$4,063 | |
| 10 | $13,586 | 6.250% | — | 4 | +$4,217 | |
| 11 | $17,229 | 6.750% | — | 1 | +$7,860 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2025. Sorted by median total loan costs.
Peer set: the 50 highest-volume U.S. mortgage lenders in 2025 (min. 8,254 purchase originations).
| Metric | Parke Bank | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $275,000 | $335,000 | −$60,000 (−17.9%) |
| Median total closing costs | $9,369 | $7,127 | +$2,242 (+31.5%) |
Other high-volume lenders side-by-side.
Found your lender? Make sure their quote is fair.
HMDA data shows industry-wide medians. Your actual quote may differ. Upload your Closing Disclosure or Loan Estimate to see exactly where your fees stand — and get a ready-to-send negotiation email.
Data source: HMDA Modified Loan Application Register 2025, published by the Consumer Financial Protection Bureau (CFPB).
Statistics reflect originated first-lien purchase mortgages on owner-occupied principal residences. Medians exclude loans with exempt or unreported fee disclosures. Learn more at ffiec.cfpb.gov.