# SALEM FIVE MORTGAGE COMPANY, LLC

> **Canonical URL:** https://saferate.com/lenders/salem-five-mortgage-company


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


SALEM FIVE MORTGAGE COMPANY, LLC is a independent mortgage company, headquartered in WILMINGTON, DE, serving borrowers across 5 states, with 1,172 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 61% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 24% for loan approval success

## Overview

- **Institution Type:** Independent Mortgage Company
- **LEI (Legal Entity Identifier):** 549300H8H31LPYGJEW50
- **Headquarters:** WILMINGTON, DE
- **Geographic Reach:** Regional
- **States Served:** 5
- **State List:** FL, MA, ME, NH, RI
- **Markets (MSAs):** 8
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Acceptable 🙂
- Score: 39/100
- Rating: ●●○○○ (2/5)

### Pull Through: Strong 😀
- Score: 76/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.052%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,820
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 1,172
- **Dollar Volume:** $640 million
- **Applications Received:** 1,490
- **Market Share:** 3.00%

## Typical Borrower Profile

- **Average Loan Amount:** $546,442
- **Average Borrower Income:** $204,175
- **Average Property Value:** $748,217

## Safe Rate Awards 🏆

- ⭐ **FHA Gold Superstar** (70%)
- ⭐ **Jumbo Gold Superstar** (70%)
- ⭐ **Purchase Gold Superstar** (63%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 72/100 | 931 | +0.063% | $1,989 | Strong 😀 |
| FHA | 68/100 | 89 | +0.310% | $1,038 | Strong 😀 |
| VA | 59/100 | 16 | -0.272% | $1,154 | Sound ☺️ |
| Jumbo | 81/100 | 136 | -0.179% | $1,197 | Exceptional 🤩 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 830 loans, Score: 72/100 (Strong)
- Refinance: 101 loans, Score: 63/100 (Strong)

**FHA:**
- Purchase: 86 loans, Score: 68/100 (Strong)

**Jumbo:**
- Purchase: 113 loans, Score: 82/100 (Exceptional)
- Refinance: 23 loans, Score: 79/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 73/100 | 1,044 | $569M | +0.059% | Strong 😀 |
| Refinance | 64/100 | 128 | $71M | -0.008% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| MA | 1,047 | 1.73% | 90/100 |
| NH | 97 | 0.62% | 70/100 |
| ME | 13 | 0.08% | 43/100 |
| RI | 10 | 0.09% | 40/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Cambridge | MA | 665 | 93/100 |
| Boston, MA | MA | 229 | 81/100 |
| Worcester, MA | MA | 89 | 77/100 |
| Rockingham County | NH | 51 | 67/100 |
| Providence | RI-MA | 33 | 56/100 |
| Non |  | 28 | 30/100 |
| Barnstable Town, MA | MA | 26 | 54/100 |
| Manchester | NH | 23 | 55/100 |

## Where This Lender Ranks

SALEM FIVE MORTGAGE COMPANY, LLC appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥈 **#2** in Cambridge for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/cambridge/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🥈 **#2** in Boston, MA for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/boston-ma/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🥉 **#3** in Cambridge for FHA Loans
  - [View Full Rankings](https://saferate.com/cambridge/best-mortgage-lenders/fha-loans)
- 🥉 **#3** in Boston, MA for FHA Loans
  - [View Full Rankings](https://saferate.com/boston-ma/best-mortgage-lenders/fha-loans)
- 🥉 **#3** in Barnstable Town, MA for Jumbo Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/barnstable-town-ma/best-mortgage-lenders/mortgage-companies/jumbo-loans)
- 🏆 **#4** in Massachusetts for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/massachusetts/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#4** in Cambridge for Jumbo Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/cambridge/best-mortgage-lenders/mortgage-companies/jumbo-loans)
- 🏆 **#4** in Worcester, MA for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/worcester-ma/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#5** in Boston, MA for Jumbo Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/boston-ma/best-mortgage-lenders/mortgage-companies/jumbo-loans)
- 🏆 **#6** in Massachusetts for FHA Loans
  - [View Full Rankings](https://saferate.com/massachusetts/best-mortgage-lenders/fha-loans)
- 🏆 **#6** in Massachusetts for Jumbo Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/massachusetts/best-mortgage-lenders/mortgage-companies/jumbo-loans)
- 🏆 **#6** in New Hampshire for Jumbo Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/new-hampshire/best-mortgage-lenders/mortgage-companies/jumbo-loans)
- 🏆 **#6** in Worcester, MA for FHA Loans
  - [View Full Rankings](https://saferate.com/worcester-ma/best-mortgage-lenders/fha-loans)
- 🏆 **#12** in Cambridge for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/cambridge/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🏆 **#13** in Cambridge for VA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/cambridge/best-mortgage-lenders/mortgage-companies/va-loans)
- 🏆 **#14** in New Hampshire for Jumbo Loans
  - [View Full Rankings](https://saferate.com/new-hampshire/best-mortgage-lenders/jumbo-loans)
- 🏆 **#16** in Cambridge Mortgage Companies
  - [View Full Rankings](https://saferate.com/cambridge/best-mortgage-lenders/mortgage-companies)
- 🏆 **#16** in Cambridge for VA Loans
  - [View Full Rankings](https://saferate.com/cambridge/best-mortgage-lenders/va-loans)
- 🏆 **#16** in Cambridge for Jumbo Loans
  - [View Full Rankings](https://saferate.com/cambridge/best-mortgage-lenders/jumbo-loans)
- 🏆 **#16** in Boston, MA for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/boston-ma/best-mortgage-lenders/mortgage-companies/conventional-loans)

## Frequently Asked Questions

### What loan types does SALEM FIVE MORTGAGE COMPANY, LLC offer?

SALEM FIVE MORTGAGE COMPANY, LLC offers the following mortgage loan types: FHA, Conventional, VA, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does SALEM FIVE MORTGAGE COMPANY, LLC offer mortgages?

SALEM FIVE MORTGAGE COMPANY, LLC offers mortgages in 5 states: FL, MA, ME, NH, RI.

### How competitive are SALEM FIVE MORTGAGE COMPANY, LLC's mortgage rates?

SALEM FIVE MORTGAGE COMPANY, LLC has a pricing score of 39/100 (Acceptable), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.052% above market average.

### What type of lender is SALEM FIVE MORTGAGE COMPANY, LLC?

SALEM FIVE MORTGAGE COMPANY, LLC is a non-depository lender that specializes in mortgage origination, headquartered in WILMINGTON, DE.

### What is SALEM FIVE MORTGAGE COMPANY, LLC's loan approval success rate?

SALEM FIVE MORTGAGE COMPANY, LLC has a pull-through score of 76/100 (Strong). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/salem-five-mortgage-company

### How to Cite

> "SALEM FIVE MORTGAGE COMPANY, LLC Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/salem-five-mortgage-company

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