Parke Bank closing costs and rates (2024)
In 2024, Parke Bank originated 133 purchase mortgages at a median interest rate of 6.75% and median total closing costs of $9,716. That is $2,975 above the national median of $6,741. Parke Bank is most active in Pennsylvania with 121 originations there.
Purchase Originations
133
Median Total Costs
$9,716
+44.1% vs national ($6,741)
Median Rate
6.750%
+2.0% vs national (6.620%)
Median Origination
$6,300
Median Lender Credits
—
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 133 | 6.750% | $9,716 | $6,300 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Pennsylvania | 121 | 6.750% | $9,684 | #146 |
| New Jersey | 8 | 6.750% | $10,650 | — |
| Delaware | 4 | 6.750% | $10,786 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $7,593 | 6.625% | — | 2 | −$2,123 | |
| 2 | $7,872 | 7.000% | — | 1 | −$1,844 | |
| 3 | $9,033 | 6.750% | — | 11 | −$683 | |
| 4 | $9,127 | 6.750% | — | 84 | −$589 | |
| 5 | $10,296 | 6.875% | — | 1 | +$580 | |
| 6 | $10,786 | 6.750% | — | 4 | +$1,070 | |
| 7 | $11,198 | 6.750% | — | 8 | +$1,482 | |
| 8 | $11,888 | 6.750% | — | 14 | +$2,172 | |
| 9 | $11,907 | 6.750% | — | 4 | +$2,191 | |
| 10 | $13,552 | 6.875% | — | 1 | +$3,836 | |
| 11 | $14,037 | 6.750% | — | 1 | +$4,321 | |
| 12 | $15,575 | 6.750% | — | 1 | +$5,859 | |
| 13 | $17,037 | 6.750% | — | 1 | +$7,321 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2024. Sorted by median total loan costs.
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Data source: HMDA Modified Loan Application Register 2024, 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.