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…

  Learn more about how loans are processed by our expert team of analysts and mortgage loan officers, with Vivian Meranda (NMLS ID 35377) and Catherine Chaves.  Cambridge Savings Bank – Member FDIC – Equal Housing Lender – NMLS ID 543370…

  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…

  During the mortgage process, it’s best to keep your mortgage loan officer apprised of any large purchases that could impact your credit score. Learn more in this short video. Cambridge Savings Bank – Member FDIC – Equal Housing Lender – NMLS ID…

  Once we have all of your final documentation and your loan is clear to close, a loan closing attorney will contact you to schedule your closing. Learn about the closing with Mortgage Loan Officer Matthew Longo (NMLS ID 38782).  Cambridge…