Grade F · 0% of disclosures flagged for junk fees
Mortgage Company
Avg Closing Costs
$9,158
median across reports
vs. National Average
42%
above national avg
Avg Origination Charge
$6,746
Section A lender fee
Reports with Junk Fees
0%
of submitted reports
| Fee Category | This Lender (avg) | National Avg | Verdict |
|---|---|---|---|
| Origination Fee | $6,746 | $3,743 | 🔺 High |
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Check My Loan Estimate — $19Based on 120 homebuyer-submitted Closing Disclosures, Parke Bank's median total closing costs are $9,158. This is about 42% above the $6,435 national peer median for comparable lenders. Actual costs vary by loan type, loan amount, property state, and individual borrower profile. This data is informational only and not financial advice.
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What Are Junk Fees on a Mortgage?
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How to Read Your Closing Disclosure
Page-by-page walkthrough of the 5-page form.
Average Closing Costs by State
Benchmark your costs against the state average.
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Compare Parke Bank with another lender
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Aggregates from Parke Bank's 2025 HMDA filings — actual closed-loan figures reported to federal regulators, compared against the national median across all lenders.
Purchase Originations
102
Median Total Costs
$9,369
+40.3% vs national ($6,680)
Median Rate
6.500%
+0.1% vs national (6.490%)
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 | — |
| This lender | Pennsylvania median | National median | |
|---|---|---|---|
| Total Closing Costs | $9,278 | $6,500 | $6,680 |
| Interest Rate | 6.500% | 6.500% | 6.490% |
| Originations in state | 90 | — | — |
Based on 2025 HMDA data. State and national medians cover all reporting lenders.
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%) |
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This content is for informational purposes only and does not constitute legal, financial, or tax advice. Consult a licensed professional for advice specific to your situation.