Rates effective as of
1-4 owner occupied residences only. Rates may change without prior notice. Subject to credit approval. Payments do not include taxes and/or insurance. Actual payment may be greater. Refer to important footnotes at the bottom of the rate sheet.
JUMBO rate applies to 30-year, 20-year, 15-year, and 10-year fixed rate loans over $417,000 (for single family residences).
¹ This rate is available for loans on single family primary residences, rate or term refinance (no cash out) or purchase and requires a loan to value of 75% or less and a FICO Score of 740 or greater. Other rates apply. For more information, contact a branch representative or call 617-876-5500.
2 Mortgages with down payments as low as 5% are also available for 20 and 30-year fixed rate mortgages, excluding Jumbo mortgages. Private Mortgage Insurance is required on mortgages with a down payment of less than 20%.
3 Introductory rate is discounted during the first 5, 7, and 10 years of ARM loans, respectively. Payments are based on a 30-year repayment schedule.
4 Introductory rate is at a premium during the first 5, 7, and 10 years of ARM loans, respectively. Payments are based on a 30-year repayment schedule.
Rate may increase after consummation on all Adjustable Rate Mortgages.
5 In conjunction with MHP (MassHousing Partnership), single-family, condominium, two- and three-family homes, minimum credit score of 660 for single-family homes and condominiums and 680 for two- and three-family properties is required. Maximum 97% loan to value for single-family, condominium, and two-family homes; maximum 95% for three-family homes. Maximum household income cannot exceed 100% of area median income. Property must be located in MA and be owner-occupied. Borrower must attend a pre- and post-closing First Time Homebuyer education course. Other conditions may apply. For more information, contact a branch representative or call 617-876-5500.
Cambridge Trust Company's lending area includes Middlesex, Suffolk, Norfolk, Essex, Plymouth, Barnstable, Dukes, Nantucket, and Worcester counties in Massachusetts and Belknap, Carroll, Hillsborough, Merrimack, Rockingham, and Strafford in New Hampshire. NMLS Unique Identifier #697495.
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