Mortgage Programs

Cambridge Savings Bank Mortgage Programs



Buying a home or refinancing a mortgage is one of the biggest decisions you'll ever make. That's why we offer a variety of mortgage programs featuring competitive rates, flexible terms, and fast loan processing to fit your needs. We can usually accommodate any commitment or closing date requirement.




Our menu of mortgage programs include:

Fixed-Rate Mortgages
Jumbo Mortgages
Adjustable-Rate Mortgages
First-Time Homebuyer Mortgage 

 Community Mortgages

MassHousing Mortgage Programs

Other mortgages and refinance options

Learn more below!


Fixed-Rate Mortgages
Have peace of mind from knowing that your mortgage rate will not increase throughout the life of your mortgage with a fixed-rate mortgage.

  • Various terms available with competitive rates.
  • Choose from a variety of point options, including No Points/No Closing Costs.

Jumbo Mortgages

A Jumbo Mortgage can make it possible for you to buy the home of your dreams when the amount you need to borrow is greater than $417,000.

Adjustable Rate Mortgages
If you plan on staying in your home for a short period of time, or if you expect your income to rise over the next several years, an adjustable-rate mortgage may be the best choice.

  • Choose from programs that are fixed up to 7 years and then adjust annually.
  • Save with competitive rates that start out lower than fixed-rate mortgages.
  • Pre-determined caps limit how much your rate can adjust annually and over the life of the loan.

First-Time Homebuyer Mortgages

If you're thinking about buying your first home, we have a program that can make it happen – the CSB First-Time Homebuyer Mortgage. It gives you everything you need to make owning your first home easier, including:

  • Lower down payment requirements that will keep up front costs down.
  • Flexible qualifying guidelines that make it easier to get approved.

Community Mortgages
If you've dreamed about buying a home, but thought you couldn't afford one, come talk to us. We offer a variety of affordable mortgage programs designed to make owning a home easier for individuals with low to moderate incomes. With a CSB Affordable Mortgage, you'll benefit from:

  • Lower rates that will reduce your monthly payment.
  • Flexible underwriting guidelines that make it easier to qualify.
  • Lower down payment requirements.

MassHousing Mortgage Program
Eligible homebuyers and homeowners can take advantage of 30-year, fixed-rate financing for the purchase or refinance of condominiums or one- to four-family properties. Borrowers may finance up to 97% of the sales price for single family homes and 95% of the sale price for condos or the appraised value, whichever is less. Loans with downpayments of less than 20% are insured by MassHousing's Mortgage Insurance Fund (MIF)

  • Borrowers participating in this program benefit from flexible underwriting, low downpayments & conventional mortgage insurance rates

Other Cambridge Savings Mortgages
Whether you're building a new home or fixing up an existing one, we offer the specialized mortgage programs you need.

  • Construction Loans and Rehab Loans. If you've always wanted to build your dream house or rehab your current home, this is the loan that can help you do it.
  • Non-Owner Occupied Loan. Looking to buy a house as an investment? A CSB non-owner occupied loan may be the way to go.

Refinance Options

If you're looking to refinance to lower your monthly payment or to obtain cash from the equity in your home, we have a variety of attractive refinancing options.


Need more information?
Checkout today's 
Mortgage Rates and our online calculators, a great source for helpful information including mortgage calculators, FAQs and more!  You can also call our Customer Contact Center at (888) 418-5626.


Cambridge Savings Bank's general lending area includes cities and towns within the Route 495 area of Massachusetts.

- Call CSB at (888) 418-5626.

- For general inquiries, email us here.

- For specific account questions, please login to your WebBank account to send a secure email.

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