CambridgeLena Park
Senior Loan Officer
NMLS #XXXXXXX
Lena works with biotech and university families in Cambridge and Somerville, and knows how to document equity compensation cleanly.
English, Korean · 12 years lending
(617) 555-0115Home loans in Cambridge and Somerville
Serving researchers, founders and university staff buying in Cambridge, Somerville, Arlington and Medford, where equity compensation and competitive offers are the norm.
The Cambridge and Somerville market at a glance
Sample figures to help you plan. Your loan officer can pull current comparable sales for any street.
Kendall Square office
One Broadway, 14th Floor, Cambridge, MA 02142
Mon to Thu 8:30 am to 7 pm, Fri to 5:30 pm, Sat 10 am to 2 pm
(617) 555-0115- Median condo price
- $890,000 (sample)
- Median two-family
- $1.35M (sample)
- Typical days on market
- 14
- Common loan type
- Jumbo and conventional
Lending here, done right
- Cambridgeport
- Porter Square
- Davis Square
- Union Square
- Arlington
- Medford
- Belmont
RSU and stock income
We document restricted stock and ESPP income cleanly, so biotech and tech compensation counts toward qualifying.
Two-family strategy
Buying a two-family and renting the other unit is common here; projected rent can help you qualify.
Your Cambridge and Somerville loan officer
Meet in the office, at your kitchen table or by video.
- Cambridge
Cambridge and Somerville questions
Generally yes with a vesting history and evidence of continued vesting. Lena reviews your grant documents before you shop.
A fully underwritten approval, a short mortgage contingency and a quick appraisal plan help offers compete in Cambridge and Somerville.
Yes, with conventional, FHA or VA financing when you live in one unit.
Buying or refinancing in Cambridge?
A pre-approval takes about 10 minutes online and does not affect your credit score. A local loan officer follows up the same day.
- Soft credit check
- 24-day average close
- 4.9 from 1,284 reviews