Lender profile · HMDA 2023–2025
Salem Five Mortgage Company, LLC mortgage approval rates & lending data
Salem Five Mortgage Company, LLC decided 4,219 mortgage applications and funded 3,731 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 89% | 3,063 / 3,427 | 100% | $485K | 3,048 |
| Home improvement loans | 83% | 29 / 35 | 100% | $425K | 29 |
| Cash-out refinance | 88% | 151 / 172 | 98% | $395K | 148 |
| Refinance | 85% | 221 / 260 | 100% | $495K | 220 |
| Investment property purchase | 88% | 251 / 286 | 100% | $405K | 251 |
Salem Five Mortgage Company, LLC lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Massachusetts | 89% | $485K | 3,876 | 3,428 |
| New Hampshire | 88% | $455K | 248 | 218 |
| Maine | 92% | $445K | 39 | 36 |
| Rhode Island | 95% | $415K | 37 | 35 |
| Florida | 74% | $315K | 19 | 14 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.