The Northern Trust · Massachusetts · 2025

The Northern Trust in Massachusetts: approval rate, denial rate and rates (2025)

The Northern Trust took 8 mortgage applications in Massachusetts in 2025, ranking #471 of 799 lenders active in the state. It originated 62.5% of them and denied 12.5% (16.7% of the applications it decided), against a statewide denial rate of 16.2%.

8Applicationsin MA
16.7%Decision denial ratestate 20.0%
Median ratestate 6.63%
$1,445,000Median loanstate $325,000
$11MVolume4 counties

The Northern Trust in Massachusetts vs the state

12.5%Denial rate-3.71 pts vs state
16.7%Decision denial rate-3.28 pts vs state
62.5%Origination rate-0.10 pts vs state
Median rate
Rate spread (pts)
$607kMedian applicant income
5Loans originated
1Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023550.0%6.00%#496
2024550.0%6.38%#502
20258512.5%#471

What The Northern Trust lends in Massachusetts

By loan purpose

Home purchase 5 63% · 0.0% denied
Refinance 1 13% · 0.0% denied
Home improvement 2 25% · 50.0% denied

By loan type

Conventional 8 100% · 12.5% denied

Where in Massachusetts

Counties with the most The Northern Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Norfolk County 320 0.0%
Suffolk County 211 50.0%
Essex County 210 0.0%
Barnstable County 110 0.0%

Other large lenders in Massachusetts

LenderGradeApplicationsDenial rateMedian rate
Citizens BankC 17,47629.0%7.40%
Rocket MortgageC 8,69815.9%6.75%
Bank of AmericaF 7,78430.1%5.99%
Guaranteed RateB 7,3134.5%6.50%
Eastern BankB 6,21631.8%6.99%
Rockland TrustC 5,99028.6%6.99%
Leader BankA 5,9131.8%6.25%
United Shore Financial ServicesB 5,89812.8%6.50%
Crosscountry MortgageB 5,6343.8%6.63%
TD BankD 3,77826.9%7.44%

Frequently asked questions

Massachusetts: 8 applications in 2025, of which 5 were originated and 1 denied.

12.5% of all applications, or 16.7% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are The Northern 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