Cambridge Savings Bank at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the A grade breaks down
Each component is a percentile rank among 581 mid-size mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
59th7.6% deniedPricingmedian rate spread over APOR, weight 30%
90th-0.15 ptsProcesswithdrawn + incomplete share, weight 15%
73rd12.0%Closing coststotal loan costs ÷ loan amount, weight 10%
91st1.04% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 1,186 | 891 | 10.8% | 12.4% | 6.13% | $415M |
| 2024 | 1,163 | 897 | 8.4% | 9.8% | 6.75% | $469M |
| 2025 | 1,320 | 1,060 | 6.7% | 7.6% | 6.49% | $566M |
What Cambridge Savings Bank lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 395 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 66 investment properties.
Why Cambridge Savings Bank denies applications
Primary reason reported for each of the 88 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Cambridge Savings Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 188 | 146 | 10.4% |
| $100k – $150k | 232 | 182 | 9.3% |
| $150k – $250k | 374 | 309 | 4.3% |
| Over $250k | 475 | 405 | 1.9% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 325 | 263 | 4.7% |
| 35–44 | 422 | 348 | 7.1% |
| 45–54 | 237 | 185 | 9.6% |
| 55–64 | 173 | 136 | 12.7% |
| 65–74 | 100 | 77 | 6.1% |
| Over 74 | 36 | 25 | 10.3% |
Where Cambridge Savings Bank lends
2 states and 21 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Massachusetts | 1,289 | 1,037 | 6.4% | 6.49% | #38 |
| New Hampshire | 31 | 23 | 16.1% | 6.49% | #161 |
Frequently asked questions
Cambridge Savings Bank denied 7.6% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 59th percentile of mid-size mortgage lenders.
The most common reason Cambridge Savings Bank gave in 2025 was "debt-to-income ratio", cited on 58.0% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans Cambridge Savings Bank originated in 2025 was 6.49%, and its median rate spread over the average prime offer rate was -0.15 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 64% of its applications were for home purchases, 21% for refinancing (including cash-out), and 16% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.