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%).
How Salem Five Mortgage Company, LLC priced home-purchase loans
| Purchase loans, 2025 | Salem Five Mortgage Company, LLC | All lenders |
|---|---|---|
| 30-year fixed rate · conventional | 6.625% | 6.625% |
| 30-year fixed rate · FHA | 6.250% | 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 points | 24.6% | 51.3% |
| Points paid, when paid (% of loan) | 0.61% | 0.87% |
| Borrowers receiving lender credits | 8.8% | 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
By purpose
Why Salem Five Mortgage Company, LLC denied purchase applications
First reason the lender reported for each denied home-purchase application.
Where Salem Five Mortgage Company, LLC lends
| State | Loans | Applications | Purchase denial rate | 30-yr rate* | Loan costs* |
|---|---|---|---|---|---|
| Massachusetts | 1,048 | 1,154 | 7.4% | 6.625% | $4,790 |
| New Hampshire | 88 | 104 | 13.8% | 6.750% | $4,110 |
| Rhode Island | 14 | 14 | — | — | — |
| Maine | 12 | 12 | — | — | — |
| Florida | 4 | 6 | — | — | — |
*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
| County | Rank | Loans | Market share |
|---|---|---|---|
| Essex County, MA | 6 | 384 | 4.8% |
| Middlesex County, MA | 8 | 311 | 2.0% |
| Suffolk County, MA | 17 | 90 | 1.7% |
| Rockingham County, NH | 20 | 45 | 1.0% |
| Norfolk County, MA | 23 | 73 | 1.0% |
| Worcester County, MA | 24 | 85 | 0.8% |
Check Salem Five Mortgage Company, LLC yourself
- FFIEC HMDA Data Browser — the official 2025 records filed under LEI 549300H8H31LPYGJEW50.
- NMLS Consumer Access — confirm the company and loan officer are licensed in your state.
- CFPB Consumer Complaint Database — search complaints by company name.
- Compare your Loan Estimate from Salem Five Mortgage Company, LLC with similar 2025 loans.
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