The Northern Trust Co Mortgage Lending & HMDA Data, 2025
In 2025, The Northern Trust Co of Chicago, IL reported 338 mortgage applications totaling $820.0 million, up 30% from 2024. The average application was for $2,426,005, and applicants reported an average income of $965,316. 86% of its applications resulted in an originated loan and 4% were denied. Its largest markets were Chicago-Naperville, IL (42), Miami-Miami Beach-Kendall, FL (20) and Houston-The Woodlands-Sugar Land, TX (11) (applications in parentheses).
| Mortgage Company & Address | The Northern Trust Co 50 S. La Salle Chicago, IL 60603 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 |
| Total Number of Mortgage Applications | 338 |
| Total Mortgage Loan Application Amount | $819,990,000 |
| Average Mortgage Loan Application Amount | $2,426,005 |
| Highest Mortgage Loan Application Amount | $60,005,000 |
| Average Applicant Income | $965,316 |
| Highest Applicant Income | $9,995,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records The Northern Trust Co filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Outside any metro area | 48 | $ 131,520,000 | $ 2,740,000 | $ 1,484,439 |
| Chicago-Naperville, IL | 42 | $ 85,440,000 | $ 2,034,285 | $ 997,000 |
| Miami-Miami Beach-Kendall, FL | 20 | $ 63,040,000 | $ 3,152,000 | $ 1,202,000 |
| Houston-The Woodlands-Sugar Land, TX | 11 | $ 10,295,000 | $ 935,909 | $ 491,000 |
| Los Angeles-Long Beach-Glendale, CA | 11 | $ 33,075,000 | $ 3,006,818 | $ 1,684,000 |
| West Palm Beach-Boca Raton-Delray Beach, FL | 11 | $ 68,745,000 | $ 6,249,545 | $ 1,453,000 |
| Dallas-Plano-Irving, TX | 10 | $ 14,670,000 | $ 1,467,000 | $ 1,268,000 |
| Anaheim-Santa Ana-Irvine, CA | 7 | $ 28,535,000 | $ 4,076,428 | $ 1,552,000 |
| Milwaukee-Waukesha-West Allis, WI | 6 | $ 2,840,000 | $ 473,333 | $ 288,000 |
| Naples-Immokalee-Marco Island, FL | 6 | $ 42,060,000 | $ 7,010,000 | $ 2,462,000 |
| New York-Jersey City-White Plains, NY-NJ | 6 | $ 10,770,000 | $ 1,795,000 | $ 518,000 |
| North Port-Sarasota-Bradenton, FL | 6 | $ 7,760,000 | $ 1,293,333 | $ 614,000 |
| San Francisco-Redwood City-South San Francisco, CA | 6 | $ 6,140,000 | $ 1,023,333 | $ 447,000 |
| Boston, MA | 5 | $ 12,795,000 | $ 2,559,000 | $ 1,074,000 |
| Lake County-Kenosha County, IL-WI | 5 | $ 65,595,000 | $ 13,119,000 | $ 1,551,000 |
| Sebastian-Vero Beach, FL | 5 | $ 5,385,000 | $ 1,077,000 | $ 229,000 |
| St. Louis, MO-IL | 5 | $ 3,895,000 | $ 779,000 | $ 260,400 |
| Atlanta-Sandy Springs-Roswell, GA | 4 | $ 7,240,000 | $ 1,810,000 | $ 513,000 |
| Denver-Aurora-Lakewood, CO | 4 | $ 4,340,000 | $ 1,085,000 | $ 417,000 |
| Orlando-Kissimmee-Sanford, FL | 4 | $ 3,840,000 | $ 960,000 | $ 0 |
| San Diego-Carlsbad, CA | 4 | $ 9,200,000 | $ 2,300,000 | $ 0 |
| Bridgeport-Stamford-Norwalk, CT | 3 | $ 6,585,000 | $ 2,195,000 | $ 2,132,000 |
| Charlotte-Concord-Gastonia, NC-SC | 3 | $ 5,875,000 | $ 1,958,333 | $ 736,000 |
| Charlottesville, VA | 3 | $ 5,935,000 | $ 1,978,333 | $ 411,000 |
| Jacksonville, FL | 3 | $ 9,755,000 | $ 3,251,666 | $ 4,379,000 |
| Lake County-Porter County-Jasper County, IN | 3 | $ 1,025,000 | $ 341,666 | $ 867,000 |
| Louisville/Jefferson County, KY-IN | 3 | $ 315,000 | $ 105,000 | $ 0 |
| Nashville-Davidson--Murfreesboro--Franklin, TN | 3 | $ 10,965,000 | $ 3,655,000 | $ 1,494,000 |
| Nassau County-Suffolk County, NY | 3 | $ 15,515,000 | $ 5,171,666 | $ 0 |
| Newark, NJ-PA | 3 | $ 3,035,000 | $ 1,011,666 | $ 350,000 |
| Santa Maria-Santa Barbara, CA | 3 | $ 5,205,000 | $ 1,735,000 | $ 1,879,000 |
| Seattle-Bellevue-Everett, WA | 3 | $ 3,815,000 | $ 1,271,666 | $ 522,000 |
| Tampa, FL | 3 | $ 1,485,000 | $ 495,000 | $ 259,000 |
| Brunswick, GA | 2 | $ 4,610,000 | $ 2,305,000 | $ 127,000 |
| Cambridge-Newton-Framingham, MA | 2 | $ 1,170,000 | $ 585,000 | $ 318,000 |
| Cape Coral-Fort Myers, FL | 2 | $ 1,480,000 | $ 740,000 | $ 711,000 |
| Chattanooga, TN-GA | 2 | $ 5,880,000 | $ 2,940,000 | $ 335,000 |
| Greenville-Anderson-Mauldin, SC | 2 | $ 1,260,000 | $ 630,000 | $ 301,000 |
| Lakewood-New Brunswick, NJ | 2 | $ 2,400,000 | $ 1,200,000 | $ 713,000 |
| Oakland-Hayward-Berkeley, CA | 2 | $ 1,990,000 | $ 995,000 | $ 173,000 |
| Oxnard-Thousand Oaks-Ventura, CA | 2 | $ 1,070,000 | $ 535,000 | $ 170,000 |
| Phoenix-Mesa-Scottsdale, AZ | 2 | $ 2,070,000 | $ 1,035,000 | $ 252,000 |
| Sacramento--Roseville--Arden-Arcade, CA | 2 | $ 5,210,000 | $ 2,605,000 | $ 0 |
| San Rafael, CA | 2 | $ 6,110,000 | $ 3,055,000 | $ 379,000 |
| Springfield, MO | 2 | $ 830,000 | $ 415,000 | $ 133,000 |
| Tucson, AZ | 2 | $ 3,070,000 | $ 1,535,000 | $ 720,000 |
| Urban Honolulu, HI | 2 | $ 3,010,000 | $ 1,505,000 | $ 0 |
| Warren-Troy-Farmington Hills, MI | 2 | $ 9,200,000 | $ 4,600,000 | $ 963,000 |
| Washington, DC-MD | 2 | $ 8,680,000 | $ 4,340,000 | $ 568,000 |
| Ann Arbor, MI | 1 | $ 305,000 | $ 305,000 | $ 147,000 |
| Arlington-Alexandria-Reston, VA-WV | 1 | $ 975,000 | $ 975,000 | $ 436,000 |
| Atlantic City-Hammonton, NJ | 1 | $ 5,005,000 | $ 5,005,000 | $ 0 |
| Austin-Round Rock, TX | 1 | $ 3,005,000 | $ 3,005,000 | $ 1,200,000 |
| Baltimore-Columbia-Towson, MD | 1 | $ 325,000 | $ 325,000 | $ 0 |
| Barnstable Town, MA | 1 | $ 1,525,000 | $ 1,525,000 | $ 0 |
| Bend-Redmond, OR | 1 | $ 1,005,000 | $ 1,005,000 | $ 871,000 |
| Boulder, CO | 1 | $ 1,525,000 | $ 1,525,000 | $ 2,941,000 |
| Bozeman, MT | 1 | $ 755,000 | $ 755,000 | $ 363,000 |
| Camden, NJ | 1 | $ 565,000 | $ 565,000 | $ 399,000 |
| Charleston-North Charleston, SC | 1 | $ 1,505,000 | $ 1,505,000 | $ 626,000 |
| Cincinnati, OH-KY-IN | 1 | $ 725,000 | $ 725,000 | $ 310,000 |
| Colorado Springs, CO | 1 | $ 2,085,000 | $ 2,085,000 | $ 0 |
| Durham-Chapel Hill, NC | 1 | $ 1,965,000 | $ 1,965,000 | $ 0 |
| Elgin, IL | 1 | $ 325,000 | $ 325,000 | $ 105,000 |
| Fayetteville-Springdale-Rogers, AR-MO | 1 | $ 375,000 | $ 375,000 | $ 48,000 |
| Fort Lauderdale-Pompano Beach-Deerfield Beach, FL | 1 | $ 725,000 | $ 725,000 | $ 1,006,000 |
| Fort Wayne, IN | 1 | $ 505,000 | $ 505,000 | $ 0 |
| Harrisburg-Carlisle, PA | 1 | $ 325,000 | $ 325,000 | $ 128,000 |
| Hilton Head Island-Bluffton-Beaufort, SC | 1 | $ 345,000 | $ 345,000 | $ 174,000 |
| Kahului-Wailuku-Lahaina, HI | 1 | $ 9,495,000 | $ 9,495,000 | $ 0 |
| Kenosha, WI | 1 | $ 415,000 | $ 415,000 | $ 279,000 |
| Lake Havasu City-Kingman, AZ | 1 | $ 2,415,000 | $ 2,415,000 | $ 0 |
| Las Vegas-Henderson-Paradise, NV | 1 | $ 1,405,000 | $ 1,405,000 | $ 0 |
| Lima, OH | 1 | $ 395,000 | $ 395,000 | $ 628,000 |
| Lubbock, TX | 1 | $ 825,000 | $ 825,000 | $ 550,000 |
| Madison, WI | 1 | $ 3,225,000 | $ 3,225,000 | $ 1,373,000 |
| Manchester-Nashua, NH | 1 | $ 375,000 | $ 375,000 | $ 135,000 |
| Minneapolis-St. Paul-Bloomington, MN-WI | 1 | $ 115,000 | $ 115,000 | $ 106,000 |
| Napa, CA | 1 | $ 2,215,000 | $ 2,215,000 | $ 4,418,000 |
| Niles-Benton Harbor, MI | 1 | $ 755,000 | $ 755,000 | $ 800,000 |
| Oklahoma City, OK | 1 | $ 9,875,000 | $ 9,875,000 | $ 0 |
| Philadelphia, PA | 1 | $ 805,000 | $ 805,000 | $ 555,000 |
| Pinehurst-Southern Pines, NC | 1 | $ 585,000 | $ 585,000 | $ 387,000 |
| Port St. Lucie, FL | 1 | $ 2,005,000 | $ 2,005,000 | $ 606,000 |
| Portland-Vancouver-Hillsboro, OR-WA | 1 | $ 155,000 | $ 155,000 | $ 2,035,000 |
| Riverside-San Bernardino-Ontario, CA | 1 | $ 2,105,000 | $ 2,105,000 | $ 0 |
| Salt Lake City, UT | 1 | $ 985,000 | $ 985,000 | $ 577,000 |
| San Jose-Sunnyvale-Santa Clara, CA | 1 | $ 5,205,000 | $ 5,205,000 | $ 0 |
| Santa Fe, NM | 1 | $ 405,000 | $ 405,000 | $ 286,000 |
| Savannah, GA | 1 | $ 615,000 | $ 615,000 | $ 72,000 |
| Tacoma-Lakewood, WA | 1 | $ 705,000 | $ 705,000 | $ 449,000 |
| Wenatchee, WA | 1 | $ 3,805,000 | $ 3,805,000 | $ 0 |
| Wilmington, DE-MD-NJ | 1 | $ 2,505,000 | $ 2,505,000 | $ 626,000 |
Mortgage Loan Application Detail Totals for The Northern Trust Co in 2025
Loan Purpose |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Home Purchase | 171 | $389,895,000 | $2,280,000 | $20,625,000 | $1,055,000 | $9,995,000 |
| Other Purpose | 90 | $229,070,000 | $2,545,000 | $60,005,000 | $996,000 | $7,218,000 |
| Refinancing | 73 | $164,225,000 | $2,249,000 | $24,005,000 | $760,000 | $8,932,000 |
| Home Improvement | 4 | $36,800,000 | $9,200,000 | $33,005,000 | $188,000 | $188,000 |
| Cash-out Refinancing | 0 | $0 | $0 | $0 | $0 | $0 |
| Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
Applicant Race |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| White | 224 | $401,520,000 | $1,792,000 | $24,005,000 | $959,000 | $9,995,000 |
| Not applicable | 74 | $340,360,000 | $4,599,000 | $60,005,000 | $0 | $0 |
| Not Provided | 18 | $42,340,000 | $2,352,000 | $7,005,000 | $1,725,000 | $6,514,000 |
| Hispanic | 16 | $29,380,000 | $1,836,000 | $7,005,000 | $677,000 | $2,579,000 |
| Black or African American | 4 | $3,580,000 | $895,000 | $1,745,000 | $1,047,000 | $1,800,000 |
| Asian | 2 | $2,810,000 | $1,405,000 | $1,505,000 | $741,000 | $750,000 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
Loan Type |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 338 | $819,990,000 | $2,426,000 | $60,005,000 | $982,000 | $9,995,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
| VA-guaranteed (Veterans Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
Outcome |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Loan Originated | 289 | $687,925,000 | $2,380,000 | $60,005,000 | $928,000 | $8,932,000 |
| Application Withdrawn By Applicant | 17 | $42,195,000 | $2,482,000 | $10,325,000 | $2,348,000 | $9,995,000 |
| Application Approved But Not Accepted | 16 | $32,310,000 | $2,019,000 | $4,955,000 | $797,000 | $2,056,000 |
| Application Denied By Financial Institution | 15 | $53,305,000 | $3,553,000 | $10,335,000 | $201,000 | $447,000 |
| File Closed For Incompleteness | 1 | $4,255,000 | $4,255,000 | $4,255,000 | $1,660,000 | $1,660,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
Denial Reason |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 338 | $819,990,000 | $2,426,000 | $60,005,000 | $982,000 | $9,995,000 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit History | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into The Northern Trust Co's 2025 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.
This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics,
and assess The Northern Trust Co's mortgage approval patterns.
Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
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