Mortgage Lenders and Brokers in Salem, Massachusetts
Brian McKay
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iEditorial Disclosure
Editorial DisclosureLender lists come from federal HMDA loan data. Average rates come from our daily monitoring network. Editorial content is independent of any advertiser relationships.
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✓Fact Checked
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Loan Rates Last Updated and Verified: October 7, 2026
Salem, Massachusetts mortgage lenders include Rockland Trust BankRockland Trust Bank193 Washington St, Salem, MA 01970A+5.0 ★Texas Ratio: 2.64%, Eastern BankEastern Bank19 Congress St, Salem, MA 01970A+5.0 ★Texas Ratio: 2.61%, M&T BankM&T Bank7 Traders Way, Salem, MA 01970A+5.0 ★Texas Ratio: 4.11%, Bank of America NABank of America NA21 Paradise Rd, Salem, MA 01970A+5.0 ★Texas Ratio: 4.14%, Salem Five Cents Savings BankSalem Five Cents Savings Bank210 Essex St, Salem, MA 01970A+5.0 ★Texas Ratio: 3.29%, TD BankTD Bank600 Loring Ave, Salem, MA 01970A+5.0 ★Texas Ratio: 3.71%, Salem Five Mortgage Company LLCSalem Five Mortgage Company LLCSalem, MA, Leader Bank NALeader Bank NA1201 Massachusetts Ave, Arlington, MA 02476A+5.0 ★Texas Ratio: 0.22%, JPMorgan Chase Bank, NAJPMorgan Chase Bank, NA291 Main St, Acton, MA 01720A+5.0 ★Texas Ratio: 3.68%, and Institution For SavingsInstitution For Savings6 Paradise Rd, Salem, MA 01970A+5.0 ★Texas Ratio: 0.22%. Banks, credit unions and mortgage companies are listed together, with FHA, VA and local options flagged for quick comparison.
Lenders are ranked only by the number of home loans they closed in Salem, Massachusetts in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Salem are listed first, then lenders elsewhere in Massachusetts, then lenders from other states that closed loans there. Banks and credit unions carry a MonitorBankRates health grade, star rating and Texas Ratio, so you can judge how financially sound they are. Mortgage companies have no deposits to rate, so compare their loan programs, median loan and borrower reviews instead. Compare at least three lenders and ask each for a written loan estimate before you choose.
Mortgage Lenders and Brokers in Salem, Massachusetts
Market share is the lender's share of all home loans closed in Salem, Massachusetts. Approval share is approvals divided by completed applications. Grade is the MonitorBankRates Health and Safety Grade, available for banks and credit unions only. Average loan is the lender's mean loan amount here.
| Lender | Programs | Loans closed | Market share | Approval share | Average loan | View |
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1 office in Salem 193 Washington St, Salem, MA 01970 A+5.0 ★Texas Ratio: 2.64% |
Conventional, Jumbo, HELOC | 8 +3 HELOCs |
1.4% | 100% | $581,250 | View |
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3 offices in Salem 19 Congress St, Salem, MA 01970 A+5.0 ★Texas Ratio: 2.61% |
Conventional, HELOC | 5 +70 HELOCs |
0.9% | 83.3% | $303,000 | View |
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1 office in Salem 7 Traders Way, Salem, MA 01970 A+5.0 ★Texas Ratio: 4.11% |
Conventional, VA, HELOC | 4 +4 HELOCs |
0.7% | 100% | $422,500 | View |
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1 office in Salem 21 Paradise Rd, Salem, MA 01970 A+5.0 ★Texas Ratio: 4.14% |
Conventional, HELOC | 3 +18 HELOCs |
0.5% | 75% | $398,333 | View |
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2 offices in Salem 210 Essex St, Salem, MA 01970 A+5.0 ★Texas Ratio: 3.29% |
HELOC | 0 +52 HELOCs |
0% | n/a | View | |
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1 office in Salem 600 Loring Ave, Salem, MA 01970 A+5.0 ★Texas Ratio: 3.71% |
HELOC | 0 +7 HELOCs |
0% | n/a | View | |
Salem Five Mortgage Company LLC
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Conventional, FHA | 54 | 9.4% | 94.7% | $449,259 | |
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1201 Massachusetts Ave, Arlington, MA 02476 A+5.0 ★Texas Ratio: 0.22% |
Conventional, FHA, VA, HELOC | 45 +1 HELOCs |
7.8% | 100% | $466,777 | View |
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291 Main St, Acton, MA 01720 A+5.0 ★Texas Ratio: 3.68% |
Conventional, Jumbo, HELOC | 9 +1 HELOCs |
1.6% | 90% | $611,666 | View |
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6 Paradise Rd, Salem, MA 01970 A+5.0 ★Texas Ratio: 0.22% |
Conventional | 9 | 1.6% | 81.8% | $448,333 | View |
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4 Paradise Rd, Salem, MA 01970 4230 A+5.0 ★Texas Ratio: 5.39% |
Conventional, HELOC | 7 +10 HELOCs |
1.2% | 100% | $312,142 | View |
Bankesb
770 Main St, Agawam, MA 01001 |
Conventional, HELOC | 7 +5 HELOCs |
1.2% | 100% | $370,714 | |
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375 Centre Ave, Abington, MA 02351 A+5.0 ★Texas Ratio: 5.44% |
Conventional, HELOC | 5 +33 HELOCs |
0.9% | 100% | $523,000 | View |
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107 Tower Rd, Athol, MA 01331 9823 A+5.0 ★Texas Ratio: 5.99% |
Conventional, HELOC | 5 +1 HELOCs |
0.9% | 100% | $609,000 | View |
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188 Massachusetts Ave, Arlington, MA 02474 A5.0 ★Texas Ratio: 9.52% |
Conventional | 5 | 0.9% | 71.4% | $525,000 | View |
RiverWorks Credit Union
256 Freeport St, Dorchester, MA 02122 2845 |
Conventional | 5 | 0.9% | 100% | $383,000 | |
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10 Colonial Rd, Salem, MA 01970 A+5.0 ★Texas Ratio: 3.72% |
Conventional | 4 | 0.7% | 80% | $340,000 | View |
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91 Pleasant St, Marblehead, MA 01945 A+5.0 ★Texas Ratio: 0.36% |
Conventional | 4 | 0.7% | 100% | $345,000 | View |
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245 Chelmsford St, Chelmsford, MA 01824 2343 A+5.0 ★Texas Ratio: 2.58% |
Conventional | 4 | 0.7% | 100% | $502,500 | View |
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125 Canal St, Salem, MA 01970 A+5.0 ★Texas Ratio: 2.39% |
Conventional | 3 | 0.5% | 100% | $321,666 | View |
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271 Main St, North Reading, MA 01864 A+5.0 ★Texas Ratio: 0.00% |
Conventional | 3 | 0.5% | 100% | $438,333 | View |
Digital Federal Credit Union
100 Powdermill Rd, Acton, MA 01720 |
Conventional, HELOC | 2 +2 HELOCs |
0.3% | 66.7% | $110,000 | |
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★ 1.7 stars, 3 reviews 109 Causeway St, Boston, MA 02114 A+5.0 ★Texas Ratio: 4.24% |
Conventional, HELOC | 2 +1 HELOCs |
0.3% | 100% | $180,000 | View |
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850 Southbridge St, Auburn, MA 01501 A+5.0 ★Texas Ratio: 4.22% |
Conventional | 2 | 0.3% | 66.7% | $460,000 | View |
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1 Andrew St, Lynn, MA 01901 1101 |
Conventional | 2 | 0.3% | 100% | $230,000 | View |
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15 Martin St, Essex, MA 01929 C-3.7 ★Texas Ratio: 30.61% |
Conventional | 2 | 0.3% | 100% | $375,000 | View |
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105 Broadway, Arlington, MA 02474 A+5.0 ★Texas Ratio: 1.72% |
Conventional | 2 | 0.3% | 100% | $240,000 | View |
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136 Faunce Corner Mall Rd, Dartmouth, MA 02747 A5.0 ★Texas Ratio: 7.62% |
Conventional, FHA | 2 | 0.3% | 66.7% | $600,000 | View |
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325 Great Rd, Bedford, MA 01730 A+5.0 ★Texas Ratio: 3.62% |
Conventional, HELOC | 1 +7 HELOCs |
0.2% | 100% | $205,000 | View |
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820 Suffield Strret, Agawam, MA 01001 A+5.0 ★Texas Ratio: 5.36% |
Conventional, HELOC | 1 +2 HELOCs |
0.2% | 100% | $445,000 | View |
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100 Macy St, Amesbury, MA 01913 4315 |
Conventional, HELOC | 1 +1 HELOCs |
0.2% | 100% | $425,000 | View |
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55 Fruit St, Boston, MA 02114 2621 A5.0 ★Texas Ratio: 9.82% |
Conventional, HELOC | 1 +1 HELOCs |
0.2% | 100% | $245,000 | View |
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2 Locust St, Berkley, MA 02779 A5.0 ★Texas Ratio: 12.75% |
Conventional | 1 | 0.2% | 100% | $395,000 | View |
Direct Federal Credit Union
50 Cabot St, Needham, MA 02494 |
Conventional | 1 | 0.2% | 100% | $85,000 | |
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183 Main St, Everett, MA 02149 A5.0 ★Texas Ratio: 6.39% |
Conventional | 1 | 0.2% | 100% | $25,000 | View |
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279 Main St, Acton, MA 01720 A+5.0 ★Texas Ratio: 1.23% |
Conventional | 1 | 0.2% | 100% | $115,000 | View |
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Leslie O Johnson Road, Gloucester, MA 01930 A+5.0 ★Texas Ratio: 2.00% |
Conventional | 1 | 0.2% | 100% | $955,000 | View |
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1 Blue Pride Way, Attleboro, MA 02703 A+5.0 ★Texas Ratio: 3.37% |
Conventional | 1 | 0.2% | 100% | $305,000 | View |
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159 Mechanic St, Clinton, MA 01510 A+5.0 ★Texas Ratio: 2.11% |
Conventional | 1 | 0.2% | 100% | $255,000 | View |
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18 20 Central St, Andover, MA 01810 A4.5 ★Texas Ratio: 0.72% |
Conventional | 1 | 0.2% | 100% | $145,000 | View |
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40 Friend St, Amesbury, MA 01913 A-4.9 ★Texas Ratio: 16.54% |
Conventional | 1 | 0.2% | 100% | $575,000 | View |
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300 Granite St Fl 3, Braintree, MA 02184 3909 A+5.0 ★Texas Ratio: 1.21% |
Conventional | 1 | 0.2% | 100% | $85,000 | View |
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52 Main St, Ashburnham, MA 01430 A+5.0 ★Texas Ratio: 2.94% |
Conventional | 1 | 0.2% | 100% | $45,000 | View |
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188 Medford St, Arlington, MA 02474 A+5.0 ★Texas Ratio: 1.57% |
Conventional, Jumbo | 1 | 0.2% | 100% | $1,705,000 | View |
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310 LOWELL ST, ANDOVER, MA 01810 A+5.0 ★Texas Ratio: 5.84% |
Conventional | 1 | 0.2% | 100% | $25,000 | View |
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19 Haverhill Rd, Amesbury, MA 01913 A5.0 ★Texas Ratio: 10.06% |
HELOC | 0 +2 HELOCs |
0% | n/a | View | |
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5 Market St, Amesbury, MA 01913 A+5.0 ★Texas Ratio: 3.41% |
HELOC | 0 +2 HELOCs |
0% | n/a | View | |
Msa Mortgage, LLC
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Conventional, FHA | 9 | 1.6% | 90% | $497,222 | |
New Fed Mortgage Corp.
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Conventional, FHA | 9 | 1.6% | 100% | $433,888 | |
Drew Mortgage Associates, Inc
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Conventional | 7 | 1.2% | 100% | $429,285 | |
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A5.0 ★Texas Ratio: 8.47% |
Conventional | 3 | 0.5% | 100% | $551,666 | View |
Members Mortgage Company Inc
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Conventional | 3 | 0.5% | 100% | $485,000 | |
Mortgage Equity Partners LLC
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Conventional | 1 | 0.2% | 100% | $595,000 | |
Mit Federal Credit Union
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Conventional | 1 | 0.2% | 100% | $365,000 | |
CrossCountry Mortgage, LLC
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Conventional, FHA, VA, HELOC | 44 +3 HELOCs |
7.7% | 100% | $528,863 | |
Rocket Mortgage
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Conventional, FHA | 42 | 7.3% | 91.5% | $290,714 | |
Guaranteed Rate, Inc.
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Conventional, FHA, HELOC | 36 +2 HELOCs |
6.3% | 97.3% | $468,611 | |
United Wholesale Mortgage
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Conventional, FHA, VA, HELOC | 22 +1 HELOCs |
3.8% | 100% | $480,000 | |
Movement Mortgage, LLC
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Conventional | 10 | 1.7% | 91.7% | $389,000 | |
Fairway Independent Mort Corp
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Conventional | 10 | 1.7% | 90.9% | $392,000 | |
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A+5.0 ★Texas Ratio: 2.02% |
Conventional, FHA, HELOC | 9 +1 HELOCs |
1.6% | 81.8% | $501,666 | View |
Guaranteed Rate Affinity, LLC
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Conventional, VA | 8 | 1.4% | 100% | $503,750 | |
Newrez LLC
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Conventional, VA | 8 | 1.4% | 72.7% | $183,750 | |
Total Mortgage Services, LLC
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Conventional, FHA, HELOC | 7 +1 HELOCs |
1.2% | 100% | $420,714 | |
Mortgage Research Center
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Conventional, VA, Jumbo | 7 | 1.2% | 77.8% | $635,000 | |
New American Funding, LLC.
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Conventional, HELOC | 6 +1 HELOCs |
1% | 85.7% | $515,000 | |
loanDepot.com LLC
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Conventional, FHA | 6 | 1% | 75% | $550,000 | |
Pennymac Loan Services LLC
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Conventional, FHA, VA | 6 | 1% | 100% | $385,000 | |
Lakeview Loan Servicing, LLC
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Conventional, VA | 5 | 0.9% | 60% | $433,000 | |
Freedom Mortgage Corporation
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FHA, VA | 5 | 0.9% | 75% | $583,000 | |
Amerisave Mortgage Company
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Conventional | 5 | 0.9% | 50% | $187,000 | |
Guild Mortgage Company
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Conventional | 5 | 0.9% | 100% | $507,000 | |
Nbkc Bank
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Conventional, VA | 4 | 0.7% | 100% | $695,000 | |
Mutual of Omaha Mortgage
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Conventional | 4 | 0.7% | 80% | $427,500 | |
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A4.8 ★Texas Ratio: 2.45% |
Conventional | 4 | 0.7% | 100% | $585,000 | View |
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A+5.0 ★Texas Ratio: 0.51% |
Conventional | 4 | 0.7% | 100% | $135,000 | View |
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A-5.0 ★Texas Ratio: 14.36% |
Conventional, FHA, HELOC | 3 +1 HELOCs |
0.5% | 100% | $498,333 | View |
EMM Loans LLC
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Conventional | 3 | 0.5% | 100% | $428,333 | |
Sage Home Loans Corporation
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Conventional | 3 | 0.5% | 100% | $501,666 | |
Republic State Mortgage Company
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Conventional | 3 | 0.5% | 100% | $331,666 | |
William Raveis Mortgage, LLC
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Conventional | 3 | 0.5% | 75% | $451,666 | |
Nationstar Mortgage
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Conventional | 3 | 0.5% | 75% | $391,666 | |
Bay Equity LLC
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Conventional | 2 | 0.3% | 100% | $320,000 | |
First Colony Mortgage Corporat
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Conventional, FHA | 2 | 0.3% | 66.7% | $465,000 | |
Nfm, Inc
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Conventional, FHA | 2 | 0.3% | 100% | $605,000 | |
Cardinal Financial Company, Li
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Conventional, FHA | 2 | 0.3% | 100% | $240,000 | |
Harborone Mortgage, LLC
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Conventional | 2 | 0.3% | 100% | $525,000 | |
United Nations Federal CU
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Conventional | 2 | 0.3% | 100% | $455,000 | |
Navy Federal Credit Union
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Conventional | 2 | 0.3% | 66.7% | $505,000 | |
Webster Bank, N.A.
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Conventional, Jumbo | 2 | 0.3% | 100% | $905,000 | |
Paramount Residential Mortgage
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Conventional | 2 | 0.3% | 100% | $320,000 | |
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A+5.0 ★Texas Ratio: 2.82% |
Conventional, Jumbo | 2 | 0.3% | 100% | $1,035,000 | View |
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A+5.0 ★Texas Ratio: 2.85% |
Conventional, HELOC | 1 +3 HELOCs |
0.2% | 50% | $75,000 | View |
Better Mortgage Corporation
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Conventional, HELOC | 1 +1 HELOCs |
0.2% | 100% | $115,000 | |
American Airlines Federal Cred
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Conventional | 1 | 0.2% | 100% | $805,000 | |
American Financial Resources LLC
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FHA | 1 | 0.2% | 100% | $1,035,000 | |
Fourleaf Federal Credit Union
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Conventional | 1 | 0.2% | 100% | $515,000 | |
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A+5.0 ★Texas Ratio: 3.16% |
Conventional | 1 | 0.2% | 100% | $615,000 | View |
Go Mortgage, LLC
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Conventional | 1 | 0.2% | 100% | $315,000 | |
Amerant Mortgage LLC
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Conventional | 1 | 0.2% | 50% | $865,000 | |
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A5.0 ★Texas Ratio: 8.11% |
Conventional | 1 | 0.2% | 100% | $105,000 | |
Synergy One Lending, Inc.
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Conventional | 1 | 0.2% | 100% | $415,000 | |
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A5.0 ★Texas Ratio: 8.47% |
Conventional | 1 | 0.2% | 100% | $665,000 | View |
Discover Bank
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Conventional | 1 | 0.2% | 50% | $55,000 | |
Das Acquisition Company, LLC
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FHA | 1 | 0.2% | 100% | $725,000 | |
Union Home Mortgage Corp.
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Conventional | 1 | 0.2% | 100% | $865,000 | |
Embrace Home Loans, Inc.
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Conventional | 1 | 0.2% | 100% | $355,000 | |
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A5.0 ★Texas Ratio: 10.15% |
Conventional | 1 | 0.2% | 100% | $665,000 | View |
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A+5.0 ★Texas Ratio: 1.10% |
Conventional | 1 | 0.2% | 100% | $725,000 | View |
American Pacific Mortgage Corporation
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Conventional | 1 | 0.2% | 100% | $665,000 | |
RoundPoint Mortgage Servicing LLC
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Conventional | 1 | 0.2% | 100% | $235,000 | |
Nations Direct Mortgage, LLC
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Conventional | 1 | 0.2% | 100% | $615,000 | |
Lower, LLC
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FHA | 1 | 0.2% | 100% | $665,000 | |
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★ 1 stars, 1 review A+5.0 ★Texas Ratio: 2.87% |
Conventional | 1 | 0.2% | 100% | $485,000 | View |
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A5.0 ★Texas Ratio: 7.00% |
Conventional | 1 | 0.2% | 100% | $315,000 | View |
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B+4.8 ★Texas Ratio: 16.98% |
FHA | 1 | 0.2% | 100% | $825,000 | View |
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A5.0 ★Texas Ratio: 10.53% |
Conventional | 1 | 0.2% | 100% | $515,000 | |
Ark-La-Tex Financial Services LLC
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VA | 1 | 0.2% | 100% | $695,000 | |
JMAC Lending, Inc.
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Conventional | 1 | 0.2% | 100% | $585,000 | |
Figure Lending LLC
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HELOC | 0 +3 HELOCs |
0% | n/a | ||
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A+5.0 ★Texas Ratio: 2.32% |
HELOC | 0 +3 HELOCs |
0% | n/a | View | |
Georgia'S Own Credit Union
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HELOC | 0 +1 HELOCs |
0% | n/a | ||
Spring Eq, LLC
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HELOC | 0 +1 HELOCs |
0% | 0% |
Salem Mortgage Rate Trends
Daily average mortgage rates for Massachusetts compared with the national average, updated every evening.
Mortgage Lenders and Mortgage Brokers Near Me in Salem, Massachusetts
Looking for mortgage lenders near me or mortgage brokers near me in Salem? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Salem in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Salem, MA
Use these to narrow the list above. Each category shows how many Salem, MA lenders fit and what that kind of lender is usually best for.
Who Lends in Salem, MA
Independent mortgage companies closed 53.6 percent of home loans in Salem, Massachusetts in 2025, banks 38.4 percent and credit unions 8 percent. Msa Mortgage, LLC was the largest mortgage company, Rockland Trust Bank the largest bank and Metro Credit Union the largest credit union. Among lenders headquartered in Massachusetts, Rockland Trust Bank led with 8 loans.
How to Read This List
A high approval share with a small median loan usually points to a lender comfortable with first time and FHA borrowers. A large median loan with conventional and jumbo programs points to a move up and jumbo specialist. The health grade says whether a bank or credit union is financially sound; it says nothing about service, which is what the reviews below are for.
An attorney must handle the closing in Massachusetts. State deeds excise (transfer tax) of $4.56 per $1,000 of price, customarily paid by the seller; Barnstable County charges $6.12 per $1,000, and Nantucket and Martha's Vineyard add a 2 percent buyer paid land bank fee. No mortgage recording tax.
More Massachusetts Mortgage Lender Pages
Frequently Asked Questions About Mortgage Lenders in Salem, MA
By home loans closed in 2025, Rockland Trust Bank was the largest mortgage lender in Salem, Massachusetts with 8 loans, about 1.4 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Among lenders with meaningful volume in Salem, Massachusetts, Salem Five Mortgage Company LLC approved the highest share of completed applications in 2025 at 94.7 percent, against a 91.7 percent average for all lenders. Approval share reflects the applicants a lender attracts as much as its underwriting, so compare it alongside loan programs and median loan size. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
22 lenders closed FHA loans in Salem, Massachusetts in 2025, led by CrossCountry Mortgage, LLC with 4. 12 lenders closed VA loans, led by Mortgage Research Center. Use the FHA and VA filters above the table to see only those lenders; FHA loans allow 3.5 percent down and lower credit scores, VA loans need no down payment for eligible veterans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Yes. 50 banks and 24 credit unions closed home loans in Salem, Massachusetts in 2025, alongside 49 independent mortgage companies and brokers. Banks and credit unions carry a MonitorBankRates health grade. Mortgage companies are not deposit institutions, so they have no health grade; their HMDA figures and borrower reviews stand in. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Lenders are ranked only by the number of home loans they closed in Salem, Massachusetts during 2025 as reported under the federal Home Mortgage Disclosure Act. No lender pays to be listed or to rank higher, and reviews do not change the order. Counts cover first and second lien loans on one to four unit homes for purchase, refinance and home improvement; home equity lines are counted separately.
Methodology and Sources
Lender rankings use the loan level records that lenders file under the Home Mortgage Disclosure Act, published by the FFIEC and the Consumer Financial Protection Bureau for the 2025 reporting year. Counts include originated first and subordinate lien loans on one to four unit homes in Salem, Massachusetts for purchase, refinance and other purposes; home equity lines of credit are counted separately and reverse mortgages and business purpose loans are excluded. Approval share is originations plus approved but not accepted applications divided by all completed applications (withdrawn and incomplete files are excluded). Lender type comes from the lender's federal regulator and the FFIEC National Information Center. City figures use the Census tracts that make up Salem. Health grades are MonitorBankRates data and are current as of the date shown. Lenders below the HMDA reporting thresholds do not appear. MonitorBankRates receives no payment for placement on this page. Last updated October 8, 2026.
