The Northern Trust Company Mortgage Rates, Fees & Info

Chicago, IL

LEI: 6PTKHDJ8HDUF78PFWH30

Tax ID: 36-1561860

2.3 stars - Updated: 2/19/24 - out of 5 stars, based on 26 reviews

Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

The Northern Trust Company is a small mortgage company specializing in Other, Home Purchase, and Refi loans. The Northern Trust Company has a high proportion of conventional loans. Their top markets by origination volume include: Miami, New York, Chicago, Sacramento, and Los Angeles among others. We have data for 113 markets. (Some data included below & more in-depth data is available with an active subscription.)

The Northern Trust Company has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders. The Northern Trust Company is typically a high fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
30 Year Conventional Purchase 5.94% 2/19/24
30 Year Conventional Refi 5.81% 2/19/24
15 Year Conventional Purchase 5.64% 2/19/24
15 Year Conventional Refi 5.84% 2/19/24
15 Year Cash-out Refi 5.84% 2/19/24
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

The Northern Trust Company Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from The Northern Trust Company. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

661

Origination Dollar Volume (All Markets)

$1,648,785,000
Show all (11) awards

Relative Rate

The Northern Trust Company's average 30 year fixed mortgage rate was 3.66%.

The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.

This yields a difference of -1.1%.

Relative Fees (Closing Costs)

The Northern Trust Company's average total fees/closing costs for a 30 year fixed rate mortgage were $12,583.

The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.

Top Markets

Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

Market Originations Total Value Average Loan Average Fees Average Rate
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 87 $210,515,000 $2,419,713 $14,960 3.60%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 34 $170,050,000 $5,001,471 $21,494 3.53%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 84 $129,920,000 $1,546,667 $6,754 3.65%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 3 $110,515,000 $36,838,333 $0 3.67%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 31 $94,465,000 $3,047,258 $14,441 3.54%
Glenwood Springs, CO (FHA|USDA|VA) 17 $81,115,000 $4,771,471 $15,663 4.04%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 10 $73,820,000 $7,382,000 $6,838 4.58%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $49,785,000 $49,785,000 $0 2.28%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 12 $48,660,000 $4,055,000 $34,618 3.44%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 17 $47,645,000 $2,802,647 $5,660 3.84%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 20 $42,840,000 $2,142,000 $9,206 4.22%
Outside of Metro Areas 23 $36,805,000 $1,600,217 $5,683 3.40%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 23 $30,055,000 $1,306,739 $12,332 3.35%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 8 $28,800,000 $3,600,000 $54,478 3.97%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 14 $27,750,000 $1,982,143 $10,610 3.29%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 7 $27,075,000 $3,867,857 $15,366 3.29%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 12 $27,000,000 $2,250,000 $19,601 3.72%
Heber, UT (FHA|USDA|VA) 6 $23,790,000 $3,965,000 $5,752 3.54%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 15 $20,765,000 $1,384,333 $10,692 3.35%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $18,675,000 $18,675,000 $0 2.37%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 13 $18,595,000 $1,430,385 $6,817 3.49%
URBAN HONOLULU, HI (FHA|USDA|VA) 3 $17,815,000 $5,938,333 $37,188 3.33%
KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 3 $17,725,000 $5,908,333 $8,253 3.67%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 8 $17,680,000 $2,210,000 $29,324 3.25%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 12 $15,550,000 $1,295,833 $6,483 3.49%
FRESNO, CA (FHA|USDA|VA) 1 $12,505,000 $12,505,000 $0 5.63%
Edwards, CO (FHA|USDA|VA) 7 $12,395,000 $1,770,714 $3,540 3.09%
Key West, FL (FHA|USDA|VA) 4 $10,980,000 $2,745,000 $14,542 3.00%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 8 $10,570,000 $1,321,250 $13,316 3.92%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 3 $10,315,000 $3,438,333 $5,977 4.08%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 5 $10,165,000 $2,033,000 $25,539 3.55%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 2 $9,960,000 $4,980,000 $16,613 3.50%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 9 $9,895,000 $1,099,444 $8,377 3.38%
NAPA, CA (FHA|USDA|VA) 3 $8,465,000 $2,821,667 $6,736 3.83%
Jackson, WY-ID (FHA|USDA|VA) 2 $6,900,000 $3,450,000 $13,322 3.31%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 6 $6,600,000 $1,100,000 $7,428 3.23%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 4 $6,600,000 $1,650,000 $15,274 3.41%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 4 $6,270,000 $1,567,500 $9,260 3.88%
Hailey, ID (FHA|USDA|VA) 4 $6,090,000 $1,522,500 $7,551 3.38%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 4 $5,060,000 $1,265,000 $5,738 4.31%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $5,005,000 $5,005,000 $40,523 2.75%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 8 $5,000,000 $625,000 $4,137 3.69%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 3 $4,715,000 $1,571,667 $6,035 3.94%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 4 $4,470,000 $1,117,500 $6,040 4.03%
PITTSBURGH, PA (FHA|USDA|VA) 3 $4,125,000 $1,375,000 $13,373 3.92%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $4,105,000 $4,105,000 $0 4.25%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 1 $4,025,000 $4,025,000 $9,359 2.25%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 7 $3,985,000 $569,286 $3,440 3.80%
ST. LOUIS, MO-IL (FHA|USDA|VA) 6 $3,680,000 $613,333 $3,107 3.63%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 3 $3,425,000 $1,141,667 $4,547 4.25%
NILES, MI (FHA|USDA|VA) 4 $3,320,000 $830,000 $6,109 4.59%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 2 $3,210,000 $1,605,000 $5,610 2.88%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 2 $3,030,000 $1,515,000 $9,224 3.00%
Breckenridge, CO (FHA|USDA|VA) 2 $3,010,000 $1,505,000 $4,135 3.88%
Cullowhee, NC (FHA|USDA|VA) 1 $3,005,000 $3,005,000 $0 2.75%
Steamboat Springs, CO (FHA|USDA|VA) 2 $3,000,000 $1,500,000 $4,055 3.44%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 4 $2,990,000 $747,500 $4,899 3.47%
Durango, CO (FHA|USDA|VA) 3 $2,945,000 $981,667 $20,989 2.88%
Holland, MI (FHA|USDA|VA) 3 $2,875,000 $958,333 $7,419 3.92%
FLAGSTAFF, AZ (FHA|USDA|VA) 3 $2,815,000 $938,333 $4,235 3.54%
PUNTA GORDA, FL (FHA|USDA|VA) 1 $2,805,000 $2,805,000 $7,062 3.38%
ASHEVILLE, NC (FHA|USDA|VA) 2 $2,800,000 $1,400,000 $41,832 3.69%
Outside of Metro Areas 1 $2,455,000 $2,455,000 $12,204 3.13%
JACKSONVILLE, FL (FHA|USDA|VA) 2 $2,350,000 $1,175,000 $8,407 4.44%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 4 $2,280,000 $570,000 $6,332 3.84%
BEND, OR (FHA|USDA|VA) 2 $1,920,000 $960,000 $26,061 5.06%
BRUNSWICK, GA (FHA|USDA|VA) 1 $1,855,000 $1,855,000 $26,081 3.25%
PORT ST. LUCIE, FL (FHA|USDA|VA) 2 $1,830,000 $915,000 $10,599 2.50%
Whitewater, WI (FHA|USDA|VA) 1 $1,805,000 $1,805,000 $35,284 5.38%
Vineyard Haven, MA (FHA|USDA|VA) 1 $1,805,000 $1,805,000 $20,300 4.00%
Kapaa, HI (FHA|USDA|VA) 1 $1,755,000 $1,755,000 $24,529 3.00%
ST. GEORGE, UT (FHA|USDA|VA) 1 $1,605,000 $1,605,000 $4,856 4.75%
SALT LAKE CITY, UT (FHA|USDA|VA) 2 $1,600,000 $800,000 $5,058 3.06%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 3 $1,595,000 $531,667 $12,778 4.83%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 2 $1,510,000 $755,000 $4,239 3.69%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $1,475,000 $1,475,000 $6,055 4.50%
Torrington, CT (FHA|USDA|VA) 1 $1,305,000 $1,305,000 $0 4.38%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 2 $1,240,000 $620,000 $3,952 3.81%
Okeechobee, FL (FHA|USDA|VA) 1 $1,225,000 $1,225,000 $0 3.88%
Athens, TX (FHA|USDA|VA) 1 $1,155,000 $1,155,000 $10,297 3.50%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 1 $1,135,000 $1,135,000 $0 3.38%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $1,085,000 $1,085,000 $4,197 3.88%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 3 $1,015,000 $338,333 $3,105 2.79%
Alexander City, AL (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $9,506 4.00%
Brainerd, MN (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $5,668 4.00%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $0 5.38%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 1 $955,000 $955,000 $5,165 4.88%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 2 $880,000 $440,000 $4,235 4.13%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $805,000 $805,000 $4,711 4.63%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $805,000 $805,000 $5,434 2.63%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $755,000 $755,000 $3,959 2.75%
Easton, MD (FHA|USDA|VA) 1 $755,000 $755,000 $5,342 3.00%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 1 $685,000 $685,000 $4,531 2.50%
GAINESVILLE, GA (FHA|USDA|VA) 1 $685,000 $685,000 $0 2.63%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 1 $665,000 $665,000 $3,825 6.13%
ANN ARBOR, MI (FHA|USDA|VA) 1 $665,000 $665,000 $4,228 2.75%
TUCSON, AZ (FHA|USDA|VA) 1 $645,000 $645,000 $4,482 3.38%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 1 $635,000 $635,000 $11,808 4.00%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $605,000 $605,000 $4,091 2.50%
BLOOMINGTON, IN (FHA|USDA|VA) 1 $465,000 $465,000 $3,159 2.75%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 1 $365,000 $365,000 $4,389 2.88%
Brevard, NC (FHA|USDA|VA) 1 $355,000 $355,000 $2,906 2.63%
ANCHORAGE, AK (FHA|USDA|VA) 1 $305,000 $305,000 $3,984 4.75%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $305,000 $305,000 $3,327 2.88%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 1 $255,000 $255,000 $3,661 3.63%
Salina, KS (FHA|USDA|VA) 1 $255,000 $255,000 $3,339 2.63%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $255,000 $255,000 $4,063 5.00%
BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 1 $235,000 $235,000 $3,461 4.75%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $195,000 $195,000 $4,902 3.13%
COLUMBUS, OH (FHA|USDA|VA) 1 $195,000 $195,000 $3,794 2.88%
RALEIGH-CARY, NC (FHA|USDA|VA) 1 $185,000 $185,000 $3,308 2.88%
KANSAS CITY, MO-KS (FHA|USDA|VA) 1 $185,000 $185,000 $5,042 4.50%
Hudson, NY (FHA|USDA|VA) 1 $155,000 $155,000 $0 4.25%
The Northern Trust Company's top markets include Miami, New York, Chicago, Sacramento, and Los Angeles among others.

Their top states include:
  • Florida (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • New York (FHA|USDA|VA)
  • Illinois (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 661 $1,648,785,000 $2,494,380 $11,901 3.63%

    For 2022, The Northern Trust Company's most frequently originated type of loan was Conventional, with 661 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Other 246 $432,960,000 $1,760,000 $7,404 3.69%
    Home Purchase 245 $761,545,000 $3,108,347 $17,232 3.84%
    Refi 167 $453,245,000 $2,714,042 $10,739 3.24%
    Home Improvement 3 $1,035,000 $345,000 $3,725 2.88%

    For 2022, The Northern Trust Company's most frequently cited loan purpose was Other, with 246 originations. The 2nd most popular reason was Home Purchase, with 245 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 553 $1,130,595,000 $2,044,476 $12,583 3.66%
    15 Year 68 $110,920,000 $1,631,176 $7,585 3.57%
    10 Year 14 $24,940,000 $1,781,429 $7,726 2.99%
    5 Year 10 $145,560,000 $14,556,000 $0 3.20%
    Other 9 $151,575,000 $16,841,667 $0 3.41%
    3 Year 4 $83,910,000 $20,977,500 $0 3.86%
    20 Year 3 $1,285,000 $428,333 $4,339 3.71%

    For 2022, The Northern Trust Company's most frequently cited loan duration was 30 Year, with 553 originations. The 2nd most popular length was 15 Year, with 68 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 459 $689,665,000 $1,502,538
    $5k+ 52 $250,990,000 $4,826,731
    $4k-5k 9 $12,145,000 $1,349,444
    $2k-3k 5 $1,855,000 $371,000
    $3k-4k 4 $4,010,000 $1,002,500
    $1k-2k 3 $765,000 $255,000

    The Northern Trust Company's average total fees were $12,583, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 459 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 176 $457,560,000 $2,599,773
    2.5-3% 165 $327,945,000 $1,987,545
    4-5% 163 $364,985,000 $2,239,172
    <2.5% 101 $394,345,000 $3,904,406
    5-6% 52 $93,310,000 $1,794,423
    6-7% 4 $10,640,000 $2,660,000

    During 2022, The Northern Trust Company's average interest rate for loans was 3.66%, while their most frequently originated rate bucket for loans was 3-4%, with 176 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $1MM+ 371 $1,487,355,000 $4,009,043 $18,101 3.55%
    $600k-1MM 142 $108,220,000 $762,113 $5,986 3.75%
    $200k-400k 70 $20,490,000 $292,714 $4,182 3.73%
    $400k-600k 62 $30,240,000 $487,742 $4,675 3.78%
    $100k-200k 14 $2,330,000 $166,429 $4,215 3.53%
    $100,000 or less 2 $150,000 $75,000 $2,593 2.56%

    2022 saw The Northern Trust Company place emphasis on $1MM+ loans with 371 originations, totaling $1,487,355,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 292 $670,830,000 $2,297,363 $14,715 3.63%
    $150k-250k 71 $63,365,000 $892,465 $6,061 3.76%
    $100k-150k 29 $15,645,000 $539,483 $4,921 3.57%
    $50k or less 25 $29,285,000 $1,171,400 $9,218 3.33%
    $50k-75k 17 $20,515,000 $1,206,765 $7,467 3.76%
    $75k-100k 17 $20,365,000 $1,197,941 $5,951 3.96%

    The Northern Trust Company lent most frequently to those with incomes in the $250k+ range, with 292 originations. The second most popular income band? $150k-250k, with 71 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 146 $266,180,000 $1,823,151 $12,949 3.55%
    <20% 121 $220,395,000 $1,821,446 $10,875 3.47%
    30-36% 118 $173,210,000 $1,467,881 $10,057 3.67%
    37% 20 $24,430,000 $1,221,500 $8,979 3.60%
    >60% 19 $53,445,000 $2,812,895 $12,559 3.86%
    50-60% 19 $38,205,000 $2,010,789 $15,921 4.18%
    36% 18 $34,530,000 $1,918,333 $12,522 3.49%
    38% 9 $11,995,000 $1,332,778 $8,003 3.99%
    45% 7 $20,675,000 $2,953,571 $37,137 4.45%
    42% 6 $14,080,000 $2,346,667 $11,212 3.61%
    44% 6 $16,510,000 $2,751,667 $8,694 4.00%
    41% 6 $10,160,000 $1,693,333 $19,687 3.77%
    40% 6 $6,420,000 $1,070,000 $10,102 3.17%
    47% 5 $6,045,000 $1,209,000 $6,497 3.50%
    39% 5 $3,885,000 $777,000 $6,996 3.90%
    49% 4 $7,690,000 $1,922,500 $17,185 4.25%
    48% 2 $6,510,000 $3,255,000 $10,371 3.25%
    43% 2 $3,100,000 $1,550,000 $10,464 2.56%

    The Northern Trust Company lent most frequently to those with DTI ratios of 20-30%, with 146 originations. The next most common DTI ratio? <20%, with 121 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 452 $812,590,000 $1,797,765 $11,875 3.63%
    Not applicable 138 $711,690,000 $5,157,174 $10,892 3.68%
    Not provided 55 $88,695,000 $1,612,636 $9,455 3.45%
    Black 10 $16,080,000 $1,608,000 $12,070 3.99%
    Asian 5 $12,625,000 $2,525,000 $31,065 3.00%
    American Indian 1 $7,105,000 $7,105,000 $69,522 3.25%

    Approval Rates

    Total approvals of all applications
    98.12%

    The Northern Trust Company has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    92.13%

    The Northern Trust Company has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 661 $1,648,785,000 $2,494,380

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    661 $1,648,785,000 $2,494,380

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 85 $119,515,000 $1,406,059 $8,615 3.70%
    40-60% 159 $506,025,000 $3,182,547 $13,576 3.65%
    60-80% 324 $860,000,000 $2,654,321 $12,099 3.61%
    80-100% 67 $137,295,000 $2,049,179 $13,731 3.57%
    Over 100% 1 $2,705,000 $2,705,000 $0 3.25%
    Under 20% 25 $23,245,000 $929,800 $6,296 3.58%