# NORTHERN HOME LOANS LLC

> **Canonical URL:** https://saferate.com/lenders/northern-home-loans


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


NORTHERN HOME LOANS LLC is a independent mortgage company, headquartered in WOBURN, MA, serving borrowers across 4 states, with 63 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 35% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 56% for loan approval success

## Overview

- **Institution Type:** Independent Mortgage Company
- **LEI (Legal Entity Identifier):** 549300M44OPBJUICB315
- **Headquarters:** WOBURN, MA
- **Geographic Reach:** Regional
- **States Served:** 4
- **State List:** CT, FL, MA, NH
- **Markets (MSAs):** 1
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 65/100
- Rating: ●●●●○ (4/5)

### Pull Through: Sound ☺️
- Score: 44/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** +0.000%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $563
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 63
- **Dollar Volume:** $38 million
- **Applications Received:** 74
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $597,540
- **Average Borrower Income:** $288,698
- **Average Property Value:** $915,159

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 26/100 | 52 | -0.010% | $570 | Acceptable 🙂 |
| Jumbo | 41/100 | 11 | +0.071% | $512 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 41 loans, Score: 26/100 (Acceptable)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 29/100 | 51 | $32M | -0.030% | Acceptable 🙂 |
| Refinance | 23/100 | 12 | $6M | +0.184% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| MA | 51 | 0.08% | 63/100 |
| NH | 10 | 0.06% | 47/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Cambridge | MA | 38 | 64/100 |

## Frequently Asked Questions

### What loan types does NORTHERN HOME LOANS LLC offer?

NORTHERN HOME LOANS LLC offers the following mortgage loan types: Conventional, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does NORTHERN HOME LOANS LLC offer mortgages?

NORTHERN HOME LOANS LLC offers mortgages in 4 states: CT, FL, MA, NH.

### How competitive are NORTHERN HOME LOANS LLC's mortgage rates?

NORTHERN HOME LOANS LLC has a pricing score of 65/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.000% above market average.

### What type of lender is NORTHERN HOME LOANS LLC?

NORTHERN HOME LOANS LLC is a non-depository lender that specializes in mortgage origination, headquartered in WOBURN, MA.

### What is NORTHERN HOME LOANS LLC's loan approval success rate?

NORTHERN HOME LOANS LLC has a pull-through score of 44/100 (Sound). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

---

## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/northern-home-loans

### How to Cite

> "NORTHERN HOME LOANS LLC Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/northern-home-loans

---

**[View Interactive Profile →](https://saferate.com/lenders/northern-home-loans)**