Northfield Savings Bank at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the B grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
43rd11.5% deniedPricingmedian rate spread over APOR, weight 30%
83rd-0.02 ptsProcesswithdrawn + incomplete share, weight 15%
32nd15.7%Closing coststotal loan costs ÷ loan amount, weight 10%
67th1.46% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 395 | 227 | 17.0% | 21.7% | 6.52% | $59M |
| 2024 | 369 | 257 | 10.6% | 12.6% | 6.57% | $87M |
| 2025 | 319 | 225 | 9.7% | 11.5% | 6.50% | $94M |
What Northfield Savings Bank lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 4 manufactured homes, 47 investment properties.
Why Northfield Savings Bank denies applications
Primary reason reported for each of the 31 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Northfield Savings Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 72 | 43 | 15.3% |
| $100k – $150k | 83 | 56 | 12.3% |
| $150k – $250k | 57 | 44 | 2.1% |
| Over $250k | 55 | 41 | 8.5% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 73 | 49 | 5.5% |
| 35–44 | 72 | 45 | 18.0% |
| 45–54 | 54 | 30 | 17.5% |
| 55–64 | 40 | 34 | 8.1% |
| 65–74 | 31 | 23 | 14.3% |
Where Northfield Savings Bank lends
1 states and 13 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Vermont | 319 | 225 | 9.7% | 6.50% | #16 |
Frequently asked questions
Northfield Savings Bank denied 11.5% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 43rd percentile of small mortgage lenders.
The most common reason Northfield Savings Bank gave in 2025 was "debt-to-income ratio", cited on 64.5% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans Northfield Savings Bank originated in 2025 was 6.50%, and its median rate spread over the average prime offer rate was -0.02 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 57% of its applications were for home purchases, 17% for refinancing (including cash-out), and 26% for home improvement or other purposes. By loan type: 99% conventional, 0% FHA, 1% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.