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. NMLS Unique Identifier #697495.
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