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The Northern Trust Company

Bank|Chicago, IL|Near-National
Loans Originated
86
Applications
112
Volume
$89 million
Offers loans directly to consumers
Overall Pricing
Acceptable
Overall Pull Through
Sound
Safe Rate AwardsJumbo Superstar

Pricing and Pullthrough Overview

Average Rate Spread
-0.014%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$728
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
76.8%
Percentage of applications that result in closed loans

Safe Rate's Summary

What They Do Well

  • Nationwide availability with consistent service

Things to Think About

  • Pricing may be below industry average

Report Card

The Northern Trust Company performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
AcceptableNear industry average
Pull Through
Closing Strength
SoundIndustry Standard
Products
Loan Type Specialists
Specialization score by loan product
Conventional
AcceptableNear industry average
Jumbo
StrongHighly Competitive
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
AcceptableNear industry average
Places
Geographic coverage
N/ANear-National · 0 metro areas · 25 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$1,045,116
Average Borrower Income
$682,558
Average Property Value
$1,824,070

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Acceptable
Acceptable
Acceptable
Acceptable
4147.7%+0.063%$634
Jumbo Loans
Strong
Strong
Strong
Strong
4552.3%-0.112%$848

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Acceptable
Acceptable
Acceptable
Acceptable
8194.2%-0.006%$723

Geographic Coverage

Metro Areas
0
States Served
25
We count Washington DC as a state
Avg Place Specialization
N/A

States with Loan Originations

AZCACODCFLGAIDILMAMEMIMNMTNCNHNYOHOKORSCTNTXVAWAWI

Top States by Place Specialization Score

1
FLState
Volume: 19Mix: 22.09%
Place Specialization
Sound
2
NYState
Volume: 11Mix: 12.79%
Place Specialization
Sound

How We Rank Lenders

Our rankings use geometric mean scoring across equally-weighted categories. This rewards lenders who perform consistently well across all metrics, not just excel in one area.

Our Point System (Max 30 Points)

10
Pricing
Rate and fee competitiveness (33%)
10
Pull Through
Reliability in closing loans (33%)
10
Product
Specialization in the loan type (33%)
💎
Champion(80%+ = 24-30 points)
Superstar(60-79% = 18-23 points)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

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