Lender profile · HMDA 2023–2025
The Northern Trust Company mortgage approval rates & lending data
The Northern Trust Company decided 490 mortgage applications and funded 429 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 | 97% | 249 / 257 | 92% | $985K | 229 |
| Refinance | 86% | 64 / 74 | 95% | $1.03M | 61 |
| Investment property purchase | 94% | 105 / 112 | 95% | $1.12M | 100 |
| Investment refinance | 86% | 37 / 43 | 100% | $1M | 37 |
The Northern Trust Company lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Florida | 94% | $1.02M | 114 | 102 |
| Illinois | 93% | $615K | 73 | 62 |
| California | 89% | $1.79M | 71 | 59 |
| Texas | 98% | $985K | 41 | 37 |
| New York | 89% | $935K | 35 | 28 |
| Colorado | 94% | $1.06M | 18 | 16 |
| Arizona | 100% | $1.01M | 17 | 16 |
| Massachusetts | 92% | $505K | 12 | 11 |
| North Carolina | 100% | $325K | 9 | 8 |
| Tennessee | 89% | $875K | 9 | 8 |
| Wisconsin | 89% | $955K | 9 | 8 |
| Ohio | 100% | $265K | 8 | 7 |
| Nevada | 71% | $1.41M | 7 | 5 |
| South Carolina | 100% | $485K | 7 | 6 |
| Georgia | 83% | $615K | 6 | 5 |
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.