The Northern Trust · New Jersey · 2025

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

The Northern Trust took 7 mortgage applications in New Jersey in 2025, ranking #564 of 883 lenders active in the state. It originated 100.0% of them and denied 0.0% (0.0% of the applications it decided), against a statewide denial rate of 17.7%.

7Applicationsin NJ
0.0%Decision denial ratestate 23.1%
Median ratestate 6.75%
$905,000Median loanstate $295,000
$11MVolume6 counties

The Northern Trust in New Jersey vs the state

0.0%Denial rate-17.69 pts vs state
0.0%Decision denial rate-23.05 pts vs state
100.0%Origination rate+44.32 pts vs state
Median rate
Rate spread (pts)
$374kMedian applicant income
7Loans originated
0Denied

What The Northern Trust lends in New Jersey

By loan purpose

Home purchase 5 71% · 0.0% denied
Refinance 1 14% · 0.0% denied
Other / HELOC 1 14% · 0.0% denied

By loan type

Conventional 7 100% · 0.0% denied

Where in New Jersey

Counties with the most The Northern Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Morris County 220 0.0%
Sussex County 110 0.0%
Cape May County 110 0.0%
Monmouth County 110 0.0%
Burlington County 110 0.0%
Ocean County 110 0.0%

Other large lenders in New Jersey

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 16,33916.1%6.75%
TD BankD 12,53226.2%7.49%
Bank of AmericaF 12,14230.6%6.00%
Citizens BankC 12,11328.9%7.40%
Crosscountry MortgageB 12,0425.3%6.75%
PNC BankD 10,81527.8%7.75%
United Shore Financial ServicesB 10,55215.3%6.38%
Guaranteed RateB 8,6435.5%6.58%
NewrezD 6,53522.5%6.99%
Loandepot.ComD 6,49115.3%6.63%

Frequently asked questions

New Jersey: 7 applications in 2025, of which 7 were originated and 0 denied.

0.0% of all applications, or 0.0% of the applications it actually decided on. The New Jersey statewide average across all lenders was 17.7%.

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 New Jersey, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology