Enterprise Bank and Trust · Massachusetts · 2025

Enterprise Bank and Trust in Massachusetts: approval rate, denial rate and rates (2025)

Enterprise Bank and Trust took 162 mortgage applications in Massachusetts in 2025, ranking #188 of 799 lenders active in the state. It originated 77.2% of them and denied 2.5% (3.0% of the applications it decided), against a statewide denial rate of 16.2%.

162Applicationsin MA
3.0%Decision denial ratestate 20.0%
6.69%Median ratestate 6.63%
$625,000Median loanstate $325,000
$132MVolume8 counties

Enterprise Bank and Trust in Massachusetts vs the state

2.5%Denial rate-13.74 pts vs state
3.0%Decision denial rate-16.92 pts vs state
77.2%Origination rate+14.56 pts vs state
6.69%Median rate+0.07 pts vs state
-0.01Rate spread (pts)-0.10 pts vs state
$166kMedian applicant income
125Loans originated
4Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233272522.5%6.59%#110
20243122425.1%6.63%#108
20251621252.5%6.69%#188

What Enterprise Bank and Trust lends in Massachusetts

By loan purpose

Home purchase 118 73% · 3.4% denied
Refinance 20 12% · 0.0% denied
Cash-out refinance 11 7% · 0.0% denied
Home improvement 8 5% · 0.0% denied
Other / HELOC 5 3% · 0.0% denied

By loan type

Conventional 162 100% · 2.5% denied

Why it denied Massachusetts applicants

Other 2 50%
Debt-to-income ratio 2 50%

Where in Massachusetts

Counties with the most Enterprise Bank and Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Middlesex County 88703 3.4%
Essex County 42291 2.4%
Worcester County 13100 0.0%
Suffolk County 750 0.0%
Norfolk County 440 0.0%
Plymouth County 440 0.0%
Bristol County 220 0.0%
Barnstable County 110 0.0%

Other large lenders in Massachusetts

LenderGradeApplicationsDenial rateMedian rate
Citizens BankC 17,47629.0%7.40%
Rocket MortgageC 8,69815.9%6.75%
Bank of AmericaF 7,78430.1%5.99%
Guaranteed RateB 7,3134.5%6.50%
Eastern BankB 6,21631.8%6.99%
Rockland TrustC 5,99028.6%6.99%
Leader BankA 5,9131.8%6.25%
United Shore Financial ServicesB 5,89812.8%6.50%
Crosscountry MortgageB 5,6343.8%6.63%
TD BankD 3,77826.9%7.44%

Frequently asked questions

Massachusetts: 162 applications in 2025, of which 125 were originated and 4 denied.

2.5% of all applications, or 3.0% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans Enterprise Bank and Trust originated in Massachusetts in 2025 was 6.69%, against a statewide median of 6.63%.

About this data. Figures are Enterprise Bank and Trust's own HMDA filing for properties located in Massachusetts, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology