Northern Bank & Trust in Massachusetts vs the state
9.2%Denial rate-7.01 pts vs state
10.2%Decision denial rate-9.77 pts vs state
77.6%Origination rate+15.00 pts vs state
7.75%Median rate+1.13 pts vs state
0.66Rate spread (pts)+0.57 pts vs state
$197kMedian applicant income
194Loans originated
23Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 27 | 21 | 3.7% | 6.38% | #367 |
| 2024 | 61 | 41 | 14.8% | 7.50% | #294 |
| 2025 | 250 | 194 | 9.2% | 7.75% | #133 |
What Northern Bank & Trust lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most Northern Bank & Trust applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Middlesex County | 181 | 141 | 18 | 9.9% |
| Essex County | 19 | 14 | 0 | 0.0% |
| Suffolk County | 15 | 14 | 0 | 0.0% |
| Norfolk County | 11 | 7 | 2 | 18.2% |
| Worcester County | 11 | 8 | 1 | 9.1% |
| Barnstable County | 5 | 4 | 1 | 20.0% |
| Plymouth County | 3 | 2 | 0 | 0.0% |
| Nantucket County | 2 | 2 | 0 | 0.0% |
| Dukes County | 1 | 1 | 0 | 0.0% |
| Hampden County | 1 | 0 | 1 | 100.0% |
Other large lenders in Massachusetts
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Citizens Bank | C | 17,476 | 29.0% | 7.40% |
| Rocket Mortgage | C | 8,698 | 15.9% | 6.75% |
| Bank of America | F | 7,784 | 30.1% | 5.99% |
| Guaranteed Rate | B | 7,313 | 4.5% | 6.50% |
| Eastern Bank | B | 6,216 | 31.8% | 6.99% |
| Rockland Trust | C | 5,990 | 28.6% | 6.99% |
| Leader Bank | A | 5,913 | 1.8% | 6.25% |
| United Shore Financial Services | B | 5,898 | 12.8% | 6.50% |
| Crosscountry Mortgage | B | 5,634 | 3.8% | 6.63% |
| TD Bank | D | 3,778 | 26.9% | 7.44% |
Frequently asked questions
Massachusetts: 250 applications in 2025, of which 194 were originated and 23 denied.
9.2% of all applications, or 10.2% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans Northern Bank & Trust originated in Massachusetts in 2025 was 7.75%, against a statewide median of 6.63%.
About this data. Figures are Northern Bank & Trust's own HMDA filing for properties located in Massachusetts, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology