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Northern Bank & Trust Company

BankWoburn, MADirect

Northern Bank Trust has 20 closed loans in our dataset — fully analyzed and benchmarked against peers across the 4 Ps of Mortgage Shopping.

Pull Through
Sound
closing strength
Products
Mediocre
Conventional
Place
Sound
Regional · 1 mkts

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Report Card

Northern Bank & Trust Company performance at a glance

CategoryScorevs. Peers
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
N/A
No peer data
Pull Through
Closing strength
Sound
Industry Standard
Top 60% of lenders
By Loan Product· Specialization by type
Conventional
Mediocre
Below peers
Bottom 20% of lenders
By Loan Purpose· Transaction purpose mix
Purchase
Mediocre
Below peers
Bottom 20% of lenders
By Location· Geographic coverage
Geographic Reach
Coverage footprint
Sound
Industry Standard
Top 60% of lenders
Regional1 markets

Loan Product Performance

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Acceptable
Mediocre
Acceptable
20100.0%
-0.182%Below
$607Fees

Loan Purpose Performance

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Acceptable
Mediocre
Sound
1995.0%
-0.173%Below
$409Fees

At a Glance

Lender Overview

Lending Activity
Loans Originated
20
Applications
26
Volume
$8 million
Typical Borrower
Avg Loan Amount
$427,500
Avg Borrower Income
$145,550
Avg Property Value
$551,000

Geographic Coverage

Geographic Performance

Metro Areas
1
States Served
2
We count Washington DC as a state
Avg Place Specialization
Sound

States with Loan Originations

MANH

Top Metro Areas by Place Specialization Score

1
Cambridge, MAMSA
Volume: 12Mix: 60.00%of portfolio
Place
Sound

Top States by Place Specialization Score

1
MAState
Volume: 13Mix: 65.00%of portfolio
Place
Sound

How We Rank Lenders

Our rankings use a weighted average of scores across equally-weighted categories to evaluate lenders on a linear, raw performance scale.

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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The 4 PsRankings are calculated based on observed lender differences on closed loans across Pricing, Pull-through, Product, and Place.
No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.
HMDA 2024Built using publicly available originated loan data from the federal government.
Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.