Enterprise Bank and Trust at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the B grade breaks down
Each component is a percentile rank among 220 investment-property lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
63rd2.8% deniedPricingmedian rate spread over APOR, weight 30%
93rd0.04 ptsProcesswithdrawn + incomplete share, weight 15%
13th20.5%Closing coststotal loan costs ÷ loan amount, weight 10%
92nd0.69% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 462 | 368 | 2.2% | 2.6% | 6.50% | $347M |
| 2024 | 456 | 354 | 4.8% | 5.7% | 6.63% | $335M |
| 2025 | 224 | 166 | 2.2% | 2.8% | 6.68% | $158M |
What Enterprise Bank and Trust lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 120 investment properties.
Why Enterprise Bank and Trust denies applications
Primary reason reported for each of the 5 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Enterprise Bank and Trust
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $150k – $250k | 34 | 25 | 0.0% |
| Over $250k | 33 | 23 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 29 | 19 | 0.0% |
| 35–44 | 28 | 17 | 5.3% |
| 45–54 | 27 | 18 | 5.3% |
| 55–64 | 31 | 23 | 8.0% |
Where Enterprise Bank and Trust lends
3 states and 19 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Massachusetts | 162 | 125 | 2.5% | 6.69% | #188 |
| New Hampshire | 57 | 37 | 1.8% | 6.63% | #113 |
| Maine | 5 | 4 | 0.0% | 6.31% | #291 |
Frequently asked questions
Enterprise Bank and Trust denied 2.8% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 63rd percentile of investment-property lenders.
The most common reason Enterprise Bank and Trust gave in 2025 was "other", cited on 40.0% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans Enterprise Bank and Trust originated in 2025 was 6.68%, and its median rate spread over the average prime offer rate was 0.04 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 72% of its applications were for home purchases, 21% for refinancing (including cash-out), and 8% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.