Applications / Mortgage Analytics / Lenders / Massachusetts / Enterprise Bank and Trust Company
Lowell, MA · State non-member bank · FDIC · $5.0 billion assets · 166 loans in 2025
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166
loans originated, 2025
224
applications, 2025
3
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Enterprise Bank and Trust Company makes some of the biggest loans of any similar lender, but it made 53% fewer of them in 2025.
Its typical loan was $640,000, against $175,000 at similar lenders, state non-member banks making between half and twice as many loans. Jumbo loans (larger than the conforming limit) were 23.5% of its loans, against 1.4% at its peers. So on a similar number of loans it lent $158.4 million, against $40.0 million.
It made 166 loans, down from 354, while similar lenders grew 10%; few fell as far. Its count has fallen every year since 586 in 2020. Its typical loan rose to $640,000 from $505,000, so it may have turned toward fewer, larger loans. Its share in Manchester-Nashua fell to 0.2% from 1.1%.
Low- and moderate-income (LMI) neighborhoods took 24.4% of its loans, against 17.2% at similar lenders, more than about seven in ten of them. Majority-minority neighborhoods took 17.9%, against 5.4%.
None of its loans was higher-priced (a rate well above the average for similar loans), against 2.3% at similar lenders. Its typical rate, 6.68%, was lower than at about four in five of them, whose typical rate was 6.88%.
Similar lenders: same lender type, originations between half and twice the lender's in the data year. Written from the 2025 HMDA data and checked figure by figure against it.
FIG. 1 — LOANS ORIGINATED, 2018–2025
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Enterprise Bank and Trust Company took 224 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Purchase 74.1% · Refinance 16.9% · Other 4.8% · Home improvement 4.2%
Conventional 100.0% · of 166 loans. Purchase: buying a home. Refinance: replacing an existing mortgage, including cash-out. FHA: insured by the Federal Housing Administration. VA: guaranteed by the Department of Veterans Affairs. Conventional: neither.
SOURCE: FFIEC HMDA 2025, LOANS ORIGINATED
Where it lends, 2025
| State | Loans | Share |
|---|---|---|
| Massachusetts | 125 | 75.3% |
| New Hampshire | 33 | 19.9% |
| Maine | 4 | 2.4% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Cambridge-Newton-Framingham | 99 |
| Manchester-Nashua | 15 |
| Rockingham County-Strafford County | 15 |
| Boston | 13 |
| Worcester | 10 |
| Portland-South Portland | 2 |
| Providence-Warwick | 2 |
| Barnstable Town | 1 |
| Lewiston-Auburn | 1 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 5493008ZK5SW6NTWB533 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 1356768 | 2004–2023 |
| Respondent ID (the HMDA filer code before 2018) | 327408 | 1992–2017 |
Established 3 January 1989. Reported under HMDA 1992-2025.
Mergers, name changes, data editions and corrections: Enterprise Bank and Trust Company's data.
Enterprise Bank and Trust Company's data
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Enterprise Bank and Trust Company and its peers, 2018–2025: every application in the HMDA data, cleaned and corrected, as Parquet files, with the Jenner programs that made these pages.
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