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These days, there’s a lot of talk about the current state of the Boston commercial real estate (CRE) market. “The current state is a state of confusion,” Michael Lindgren, Executive Vice President and Chief Lending Officer at Cambridge Savings…
These days, there’s a lot of talk about the current state of the Boston commercial real estate (CRE) market. “The current state is a state of confusion,” Michael Lindgren, Executive Vice President and Chief Lending Officer at Cambridge Savings…
Bankers traditionally look at the available cash flow of a company (basically its operating profit), when considering the creditworthiness for a loan. But some healthy businesses don't fit nicely into that approach. An Asset-Based Lending…
A lot of businesses are struggling. Covid-19 has had a devastating impact on restaurants, hotels, retail and many other industries. “Through no fault of their own, many of these companies are experiencing a dramatic loss of revenue, which…
This summer, Cambridge Savings Bank (CSB) launched an initiative that encouraged the Melrose community to partner with the Bank to identify non-profits in the community that would benefit from a targeted giving program under the giving strategy of its…
Learn about mortgage loan basics like fixed vs. adjustable rate mortgages, interest rate vs. APR, and how to get started with the mortgage process with Mortgage Loan Officer Rick Garber (NMLS ID 686871). Cambridge Savings Bank – Member…
In this video, Mortgage Loan Officer Conroy Jackson defines both formal approval letter and credit approval letter/pre-qualification. A formal approval letter is notification that the lender has conditionally approved an applicant’s request…
If your application is approved, we will provide you with a loan commitment and closing disclosures. Learn more about this process in this short video. Cambridge Savings Bank – Member FDIC – Equal Housing Lender – NMLS ID 543370…