Lender profile · HMDA 2023–2025
Northern Mortgage Services, LLC mortgage approval rates & lending data
Northern Mortgage Services, LLC decided 2,040 mortgage applications and funded 1,893 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 98% | 1,672 / 1,707 | 96% | $285K | 1,605 |
| Cash-out refinance | 91% | 49 / 54 | 88% | $305K | 43 |
| Refinance | 95% | 179 / 188 | 94% | $295K | 169 |
| Investment property purchase | 97% | 71 / 73 | 87% | $205K | 62 |
Northern Mortgage Services, LLC lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Michigan | 99% | $285K | 1,203 | 1,125 |
| Ohio | 97% | $165K | 590 | 558 |
| Maine | 91% | $265K | 78 | 67 |
| Massachusetts | 92% | $295K | 72 | 62 |
| Florida | 95% | $275K | 44 | 36 |
| Tennessee | 88% | $225K | 16 | 13 |
| Illinois | 100% | $225K | 13 | 11 |
| North Carolina | 100% | $325K | 12 | 12 |
| Indiana | 100% | $165K | 5 | 5 |
| Connecticut | 75% | $295K | 4 | 3 |
| South Carolina | 100% | $215K | 2 | 1 |
| Missouri | 100% | — | 1 | 0 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.