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Independent analysis of official mortgage recordsHMDA 2025 · 7,155,718 applications

Lender profile · HMDA 2025

Salem Five Mortgage Company, LLC: 2025 mortgage rates, costs & approvals

How Salem Five Mortgage Company, LLC priced and approved home loans in 2025, measured against every lender in the official HMDA records.

HMDA legal name: SALEM FIVE MORTGAGE COMPANY, LLC · LEI 549300H8H31LPYGJEW50

In 2025, Salem Five Mortgage Company, LLC originated 1,166 home-purchase, refinance and cash-out loans on owner-occupied single-family homes in 5 states — 399th by volume among the 2,017 lenders profiled here.

On conventional 30-year fixed purchase loans its median rate was 6.625% (all lenders: 6.625%); its median rate spread was 11 basis points below the national median. Median conventional loan costs were $4,730, 15% lower than the national median ($5,570).

It denied 7.9% of completed home-purchase applications (all lenders: 8.5%).

Loans
1,166
of 1,290 applications
Denial rate
7.9%
Purchase · all 8.5%
30-yr fixed rate
6.625%
Conv. · all 6.625%
Loan costs
$4,730
Conv. · all $5,570
Loan amount
$515,000
Purchase · all $335,000
Borrower income
$165,000
Purchase · all $116,000

How Salem Five Mortgage Company, LLC priced home-purchase loans

Purchase loans, 2025Salem Five Mortgage Company, LLCAll lenders
30-year fixed rate · conventional6.625%6.625%
30-year fixed rate · FHA6.250%6.250%
30-year fixed rate · VA—6.125%
15-year fixed rate · conventional—5.875%
Rate spread vs. APOR · conventional+0.02 pts+0.13 pts
Total loan costs · conventional$4,730$5,570
Total loan costs · FHA$14,040$11,310
Total loan costs · VA—$6,490
Origination charges (all types)$1,300$1,860
Borrowers paying discount points24.6%51.3%
Points paid, when paid (% of loan)0.61%0.87%
Borrowers receiving lender credits8.8%33.1%

Medians shown with at least 20 loans. A lender's numbers reflect its borrowers (credit, down payment, loan size, location) as well as its pricing; HMDA has no credit scores. Rate spread = APR minus the average prime offer rate on the lock date, which removes most of the effect of when the rate was locked.

Loan mix and borrowers

By loan type

Conventional 91.5% 1,067
FHA 7.0% 82
VA 1.5% 17

By purpose

Home purchase 85.8% 1,001
Refinance 10.0% 117
Cash-out refinance 4.1% 48
Home value
$675,000
Median, purchase loans
Down payment
20%
All lenders 10%
Refi rate
6.375%
30-yr fixed, conventional
Refi denial rate
12.6%
Cash-out 13.8%

Why Salem Five Mortgage Company, LLC denied purchase applications

Debt-to-income ratio 49.4% 43
Collateral (appraisal/property) 19.5% 17
Unverifiable information 12.6% 11
Credit history 8.0% 7
Insufficient cash (down payment/closing costs) 4.6% 4
Other 4.6% 4
Employment history 1.1% 1

First reason the lender reported for each denied home-purchase application.

Where Salem Five Mortgage Company, LLC lends

StateLoansApplicationsPurchase denial rate30-yr rate*Loan costs*
Massachusetts1,0481,1547.4%6.625%$4,790
New Hampshire8810413.8%6.750%$4,110
Rhode Island1414———
Maine1212———
Florida46———

*Conventional home-purchase loans, medians with at least 20 loans. Linked state names open Salem Five Mortgage Company, LLC's page for that state.

Counties where Salem Five Mortgage Company, LLC is a top lender

CountyRankLoansMarket share
Essex County, MA63844.8%
Middlesex County, MA83112.0%
Suffolk County, MA17901.7%
Rockingham County, NH20451.0%
Norfolk County, MA23731.0%
Worcester County, MA24850.8%

Check Salem Five Mortgage Company, LLC yourself

This is a statistical profile, not a review or recommendation. HMDA data alone cannot show whether a lender complies with fair-lending laws, and a lender's medians depend on the borrowers it serves.

Lenders of similar size

Source: FFIEC/CFPB HMDA 2025 public LAR and filer list. Core segment: owner-occupied, single-family site-built, first-lien, closed-end purchase and refinance loans. Methodology