From custom built dream homes to that first condo, we love working with our neighbors on projects of any scale or complexity. Every East Cambridge loan includes a dedicated lender available to you every step of the way, ready to provide as much or as little guidance as you would like.

Home purchasing and mortgage options at East Cambridge:
  • Adjustable Rate Mortgages (ARMs) and Fixed with a variety of terms and rate options
  • Easily accessible First-Time Homebuyers Program
  • Investment Property Loans
  • Owner-Occupied Construction Loans
  • Rehabilitation Loans
  • Pre-approval process available so you can move quickly once you find the home you desire
  • Refinance or purchase
  • Apply online for a mortgage loan
  • See more rates
Rates as Low as Rates as Low as
15-year Fixed Jumbo 10/1 ARM
4.125% RATE1 4.500% RATE2
4.199% APR1 6.402% APR2

Loans that leverage your equity: Options for your current loan: Homebuying Seminar:
  • In the market for a new home? Learn everything you need to know from local experts at East Cambridge Savings Bank
  • Click here to register for a virtual homebuying seminar or watch our webinar

1Annual Percentage Rate (APR) as of 7/28/2022 and subject to change without notice and based on owner-occupied purchase-money transactions including new home purchases and refinances (strictly from other financial institutions) for Massachusetts properties located in Middlesex, Suffolk and Essex counties only. Minimum down payment of 5% required. Down payments less than 20% (including condominiums) require mortgage insurance. Home Owner’s Insurance is required. APR and payment example is based on 20% down. Payment example: based on a $647,201.00 mortgage, 180 monthly principal and interest payments of $4,827.91 (15 year amortization). Payment example does not include taxes, insurance, or amounts for any required mortgage insurance. The actual payment obligation will be higher. All loans are subject to credit and property approval. Other restrictions may apply. Bank’s NMLS ID #441396.

2Annual Percentage Rate (APR) as of 7/28/2022 and subject to change without notice and based on owner-occupied purchase-money transactions including new home purchases and refinances for Massachusetts properties located in Middlesex, Suffolk and Essex counties only. Minimum down payment of 5% required. Down payments less than 20% (including condominiums) require mortgage insurance. Home Owner’s Insurance is required. APR and payment example is based on 20% down payment. Payment examples do not include taxes, insurance, or amounts for any required mortgage insurance, and the actual payment obligation will be higher. (10/1) Payment example: for a $450,000 mortgage, 120 monthly principal and interest payments of $2,280.08. Based on a 30 year amortization, the new monthly principal and interest payments would be as follows: $2,687.07 in year eleven, $3,110.72 in year twelve and $3,546.24 in year thirteen and for the remainder of the loan. The interest rate on this loan can change after remaining fixed for the first ten years. After the initial ten years, the interest rate could go up by 2% in the eleventh year (6.500%), in the twelfth year (8.500%) and in the thirteenth year and for the remainder of the loan (10.500%). The index is the Weekly Average Yield on One-Year U.S Treasury Securities Adjusted to a Constant Maturity of One Year, as published in the Wall Street Journal. The Bank’s margin is 2.75%. The caps on the interest rate are 2.00% annually and 6.00% over the life of the loan. All loans are subject to credit approval. Bank NMLS ID #441396.

3Variable Annual Percentage Rate (APR) is subject to change. The APR will be based on The Wall Street Journal Prime Rate (Prime) published on the first Bank business day following the 24th of each month. As of 7/28/2022, the Prime Rate was 5.50%. Minimum 4.99% APR; maximum 18% APR. If the monthly payment is automatically deducted from an East Cambridge Savings Bank (ECSB) checking/savings account, APR will equal Prime - .51%, currently 4.99% APR. If the monthly payment is not automatically deducted from an ECSB checking/savings account, APR will equal Prime + 1%, currently 6.50% APR. Minimum line $25,000; maximum line $250,000. Maximum combined loan-to-value based on satisfactory value of the property as determined by East Cambridge Savings Bank equaling 75%. Early termination fee equal to ECSB closing costs (approximately $0 to $900) applies if the line is closed within the first 24 months. All lines will be assessed a $50 annual fee. Available for 1-4 family owner-occupied in Essex, Suffolk, and Middlesex counties only. Property insurance required, including flood insurance if applicable. Property must be in Massachusetts. Properties where title is held in trust are not eligible. Maximum term is 240 months. Minimum payment of interest-only during the 120 months of line access (draw period). Principal and interest payments during the 120 months of no line access (repayment period). Other restrictions may apply. Offer subject to change without notice. Subject to credit approval.

East Cambridge at Your Service

  • Jennifer DiBari Image

    Jennifer DiBari

    Residential Loan Officer
    NMLS ID: #16524
    781.858.3121
    Email Jennifer
  • Lisa Gravallese Image

    Lisa Gravallese

    Residential Loan Officer
    NMLS ID: #49506
    617.447.5311
    Email Lisa
  • Thomas Jung Image

    Thomas Jung

    Sales Manager - Residential Mortgage Lending
    NMLS ID: #704305
    339.225.0967
    Email Thomas
  • Mark Kirby Image

    Mark Kirby

    Residential Loan Officer
    NMLS ID: #19990
    978.270.5214
    Email Mark
  • Roger Martorana  Image

    Roger Martorana

    Residential Loan Officer
    NMLS ID: #476733
    617.909.9226
    Email Roger
  • Sang M. Nguyen Image

    Sang M. Nguyen

    Residential Loan Officer
    NMLS ID: #1581266
    617.981.9028
    Email Sang
  • Michael O'Donnell Image

    Michael O'Donnell

    Residential Loan Officer
    NMLS ID: #645801
    617.699.6466
    Email Michael
  • Patricia Rizzo Image

    Patricia Rizzo

    AVP, Residential Loan Officer
    NMLS ID: #477127
    617.551.2453
    Email Patricia
  • Mark Simone  Image

    Mark Simone

    Sales Manager - Residential Loan Officer
    NMLS ID: #613257
    781.404.1206
    Email Mark

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