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Ed Barrett is Salem Five Mortgage Company’s Reverse Mortgage specialist. Ed brings more than 20 years of mortgage lending experience to Salem Five and specializes in FHA and Home Equity Conversion Mortgage (HECM) reverse mortgages in Massachusetts, New Hampshire, Rhode Island and Maine.
Prior to Salem Five, Ed graduated from the University of Maine, Orono with a Bachelor of Arts. He resides in Dedham with his wife and two children.
When we called Salem Five to inquire about Reverse Mortgages, we learned that a Reverse Mortgage would allow us to eliminate our current monthly mortgage payment. This freed up over $1,000 a month, allowing us to live more comfortably. We have a line of credit with our Reverse Mortgage now, so when our tax bill comes due, we have the money to pay it, or for other unexpected expenses.Dominic & Mary I., Concord, MA