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Cambridge Savings Bank

1374 Massachusetts Avenue
Cambridge, MA 02139
Tel. 617-441-4144
Fax. 617-575-8511
www.cambridgesavings.com

General Information

Cambridge Savings Bank was founded in 1834 and is proud to be among the largest community banks in Massachusetts. With $2 billion in assets, we have the financial strength to deliver a wealth of innovative products and services to a wide range of personal, small business, and commercial banking customers.

At Cambridge Savings Bank, we know buying a home is a very important decision. Evaluating and comparing mortgage lenders can be an overwhelming process. When making your decision, you should be well informed and feel confident with your choice. The commitment to personal service that is the core philosophy of Cambridge Savings Bank is carried through in our mortgage business. Our mortgage representatives are accessible and experienced, and make the home buying process go smoothly, easily and as quickly as possible, including providing prompt turnaround on applications and approvals. We survey our new mortgage customers every month, and they consistently give us outstanding ratings for our service and professionalism during the application and closing process.

CSB offers a variety of mortgage programs featuring competitive rates, flexible terms, and fast loan processing.
· Fixed-Rate Mortgages. If you plan on staying in your home for several years and like the stability of an interest rate that won't rise, a CSB Fixed-Rate Mortgage is ideal. · Adjustable-Rate Mortgages. If you plan to stay in your home over a shorter period of time, or expect your income to rise in a few years, a lower-rate CSB Adjustable-Rate Mortgage may be right for you.
· Jumbo Mortgages. If you need a larger mortgage of $322,700 or more, CSB offers a variety of options - with competitive rates.
· First-Time Home Buyer Mortgage. In the market to buy your first home? We offer a flexible financing program for first-time home buyers that makes buying a home easy. · Affordable Mortgage Programs. If you've dreamed of buying a home, but think you don't earn enough money to afford one, CSB has some affordable mortgage programs that can make your dream of owning a home come true.
· MassHousing Mortgage Programs. In partnership with MassHousing, a state agency and leading provider of affordable housing in Massachusetts, CSB offers special financing to municipal employees and people who buy a house in proximity to the Massachusetts Bay Transit Authority (MBTA) who meet certain qualifications.
· Refinance Options. If you're looking to refinance to lower your monthly payment or to obtain cash from your equity, we have a variety of attractive refinancing options. · Other Mortgage Programs. We offer other mortgage programs for specialized needs, including; construction, non-owner occupied, or rehab loans.

All the information you need at your fingertips!
Visit CSB's Online Mortgage Resource Center at www.cambridgesavings.com for more information or to apply for your mortgage online or call our Customer Service Center at (888) 418-5626. Ask about a CSB mortgage pre-approval to save you time and give you added negotiating power when buying your home. Cambridge Savings Bank's general lending area includes cities and towns within the Route 495 area of Massachusetts.

Local Branch / Office Locations

ADDRESS

TELEPHONE NO.

1374 Massachusetts Avenue Cambridge, MA 02139 Porter Square Shopping Center 53 White Street Cambridge Inman Square 1378 Cambridge Street Cambridge Central Square 630 Massachusetts Avenue Cambridge East Arlington 188 Massachusetts Avenue Arlington Center 626 Massachusetts Avenue Arlington Heights 1300 Massachusetts Avenue Boston Center 1781 Massachusetts Avenue Boston Minuteman Regional High School 758 Marrett Road Belmont Center 40 Leonard Street Bedford Shopping Center 160 Great Road Burlington 214 Cambridge Street Acton Brookside Shops 145 Great Road Newton Centre 739 Beacon Street Concord 202 Sudbury Road Customer Service Center

617-441-4144                                           888-418-5626

FEES RELATED TO EACH LOAN

The following are fees related to a typical $175,000 purchase loan transaction in the Boston area, with this company. This does not include points, if any, nor does it include local taxes, prepaid interest payments or prepaid escrow payments for home insurance or real estate taxes. A more complete list, tailored to your specific loan transaction, entitled "Good Faith Estimate of Settlement Costs" should be provided to you when you actually apply for a loan. All fees are believed to be accurate, but cannot be guaranteed and are subject to change without notice.

Appraisal	275
Credit Report	17
Application
Inspection
Document Prep/Review	175
Underwriting
Processing
Flood Certification	20
Tax Service	79
Notary
Pest Inspection
Settlement/Closing
Attorney	600
Recording	365
Survey	150
Messenger/Courier	35
Wire Transfer
Administrative
Mortgage Broker Fee
Funding and Review
Payment Processing
Title Exam
Title Insurance (lender's)	438
TOTAL	$2,154

  • Types Of Mortgage Products Offered

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