--- title: Lenders in Springfield, MA: 35 Made Multifamily Loans in 2024-25 url: https://lender.report/lenders-in/springfield-ma/ license: https://lender.report/license/ --- Metro area ยท MA # Lenders in Springfield, MA 35 lenders made 149 multifamily loans in the Springfield, MA metro area in 2024 and 2025, $298.1M in all. Greenfield Co-operative Bank made the most, with 23. The typical loan was about $900K. **Evidence** Multifamily loans placed in the metro area, HMDA **Data as of** HMDA 2025 **Page last changed** November 11, 2026 **Lenders on record** 35 HMDA, 2025 **Multifamily loans, 2024-25** 149 HMDA, 2025 Manufactured-home parks excluded **Dollars** $298M HMDA, 2025 **Typical loan** $900K HMDA, 2025 Cite this Source: The Lender Report, Lenders in Springfield, MA, https://lender.report/lenders-in/springfield-ma/, data as of December 31, 2025. ## Describe a deal in Springfield, MA This page lists who has made multifamily loans here. Loan Comps shows who has made a loan like yours, with the loans to prove it. [Start with a deal in Springfield, MA](https://lender.report/comps/?lane=multifamily&metro=44140)[A lender in Springfield, MA? Find your page](https://lender.report/for-lenders/?from=market) | Lender | Kind | Based in | Loans | Dollars | 2025 loans | 2024 loans | | --- | --- | --- | --- | --- | --- | --- | | [Greenfield Co-operative Bank](https://lender.report/lender/greenfield-co-operative-bank-ma/) [multifamily record](https://lender.report/lender/greenfield-co-operative-bank-ma/multifamily/) | Bank | Greenfield, MA | 23 | $16.1M | 10 | 13 | | [Greenfield Savings Bank](https://lender.report/lender/greenfield-savings-bank-ma/) [multifamily record](https://lender.report/lender/greenfield-savings-bank-ma/multifamily/) | Savings | Greenfield, MA | 19 | $52.1M | 13 | 6 | | [Monson Savings Bank](https://lender.report/lender/monson-savings-bank-ma/) [multifamily record](https://lender.report/lender/monson-savings-bank-ma/multifamily/) | Savings | Monson, MA | 15 | $24.0M | 9 | 6 | | [TruNorth Bank](https://lender.report/lender/trunorth-bank-ma-easthampton/) [multifamily record](https://lender.report/lender/trunorth-bank-ma-easthampton/multifamily/) | Bank | Easthampton, MA | 9 | $12.4M | 3 | 6 | | [NBT Bank, National Association](https://lender.report/lender/nbt-bank-ny/) [multifamily record](https://lender.report/lender/nbt-bank-ny/multifamily/) | Bank | Norwich, NY | 8 | $19.4M | 2 | 6 | | [Florence Bank](https://lender.report/lender/florence-bank-ma/) [multifamily record](https://lender.report/lender/florence-bank-ma/multifamily/) | Savings | Florence, MA | 8 | $8.92M | 4 | 4 | | [RF Renovo Management Company, LLC](https://lender.report/lender/rf-renovo-management-il/) [multifamily record](https://lender.report/lender/rf-renovo-management-il/multifamily/) | Non-bank | Chicago, IL | 8 | $8.00M | 8 | 0 | | [Country Bank for Savings](https://lender.report/lender/country-bank-for-savings-ma/) [multifamily record](https://lender.report/lender/country-bank-for-savings-ma/multifamily/) | Savings | Ware, MA | 6 | $4.76M | 2 | 4 | | [PeoplesBank](https://lender.report/lender/peoplesbank-ma/) [multifamily record](https://lender.report/lender/peoplesbank-ma/multifamily/) | Savings | Holyoke, MA | 5 | $14.5M | 3 | 2 | | [CCG Fund 1, LLC](https://lender.report/lender/ccg-fund-1-ma/) [multifamily record](https://lender.report/lender/ccg-fund-1-ma/multifamily/) | Non-bank | Boston, MA | 5 | $7.18M | 1 | 4 | | [Westfield Bank](https://lender.report/lender/westfield-bank-ma/) [multifamily record](https://lender.report/lender/westfield-bank-ma/multifamily/) | Savings | Westfield, MA | 4 | $4.00M | 3 | 1 | | [Velocity Commercial Capital LLC](https://lender.report/lender/velocity-commercial-capital-ca/) [multifamily record](https://lender.report/lender/velocity-commercial-capital-ca/multifamily/) | Non-bank | Westlake Village, CA | 4 | $2.52M | 1 | 3 | | [TD Bank, National Association](https://lender.report/lender/td-bank-de/) [multifamily record](https://lender.report/lender/td-bank-de/multifamily/) | Bank | Wilmington, DE | 3 | $7.96M | 1 | 2 | | [Southbridge Credit Union](https://lender.report/lender/southbridge-credit-union-ma/) [multifamily record](https://lender.report/lender/southbridge-credit-union-ma/multifamily/) | Credit union | Southbridge, MA | 3 | $4.90M | 2 | 1 | | [Polish National Credit Union](https://lender.report/lender/polish-national-credit-union-ma/) [multifamily record](https://lender.report/lender/polish-national-credit-union-ma/multifamily/) | Credit union | Chicopee, MA | 3 | $880K | 3 | 0 | HMDA, 2025 [All 35 lenders in Springfield, MA, by loan size](https://lender.report/multifamily-lenders/springfield-ma/) | County | Loans | Dollars | Lenders | | --- | --- | --- | --- | | [Hampden County, MA](https://lender.report/lenders-in/massachusetts/hampden-county/) | 148 | $286M | 34 | HMDA, 2025 A county is listed for a year only when the public file holds 5 or more multifamily loans there that year. | Loan size | Loans | | --- | --- | | Under $1M | 78 | | $1M to $2.5M | 49 | | $2.5M to $5M | 13 | | $5M to $10M | 6 | | $10M or more | 3 | HMDA, 2025 - Lenders made 149 multifamily loans totaling $298.1M in Springfield, MA in 2024 and 2025. HMDA, 2025 - 3 of these loans were made by lenders that have since merged or closed. They are counted in the totals here and appear in no lender's row. HMDA, 2025 - 79 of the loans were made in 2025 and 70 in 2024. HMDA, 2025 - The typical loan in Springfield, MA was about $900K, with the middle half between $540K and $1.5M. HMDA, 2025 - 78 of the loans were under $1M, and 9 were $5M or more. HMDA, 2025 - Lenders reported a median rate of 6.75% on 96 loans in Springfield, MA, with the middle half between 6.44% and 7.00%. HMDA, 2025 - The median term was 15 years. HMDA, 2025 - The median loan to value was 72%. HMDA, 2025 - 28% of the loans were refinancings and 60% were purchases. HMDA, 2025 - Banks and savings institutions made 112 of the loans, credit unions 10, and non-banks 24. HMDA, 2025 - The five most active lenders made 49.7% of the loans. HMDA, 2025 - The three most active lenders were Greenfield Co-operative Bank with 23, Greenfield Savings Bank with 19, and Monson Savings Bank with 15. HMDA, 2025 - 20 of the 35 lenders are based in Massachusetts. The rest are based elsewhere, most often in California, New York and Connecticut. HMDA, 2025 - The most common property size was 5 to 24 units, with 112 loans. HMDA, 2025 - 1 county in the metro area has loans on record, and Hampden County, MA has the most, with 148. HMDA, 2025 ## How this list is defined **Measure** Multifamily loans made in the Springfield, MA metro area **Period** 2024 and 2025 **Formula** Count, by lender, of HMDA records for multifamily dwellings of 5 or more units placed in the metro area, manufactured-home parks excluded, for each year in which the public file holds 5 or more such loans there. **Order** Largest first by loans recorded in the place, then dollars, then name. Payment is not part of the order. **As of** 2025 **Source** [HMDA](https://ffiec.cfpb.gov/data-browser/) **Changelog** November 12, 2026: First published, with the data built on this date. ## What we don't know - Whether any of these lenders is taking new loans today. - What they charge or require beyond the rate and term that HMDA reports. - Loans on office, retail, industrial or hotel property. HMDA covers dwelling-secured loans only. A metro area or county is named for a year only when the public file holds 5 or more multifamily loans there that year, so a small place is never exposed by a count. HMDA covers dwelling-secured loans. Amounts are the midpoints of $10,000 bands, and each loan has a year, never a date. Lenders that merged or stopped filing are left out. Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. [Report a problem](https://lender.report/report/) Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.