
Let's Get Moving.
Salem Five Mortgage has been around for 160 years and counting. We are a safe, secure and trusted option for your mortgage needs.
Ready to get moving? A pre-qualification from Salem Five is the best way to know how much you can borrow and keeps you ahead of the competition. Take 3 minutes today and shop with confidence tomorrow.
Salem Five's Express Commit service revolutionizes the mortgage process by providing a Loan Commitment within just 24-hours1. This fully underwritten pre-approval is specifically designed to help borrowers compete aggressively in the housing market. It not only speeds up the closing process but also boosts the confidence levels of both the borrower and the seller, thanks to its prompt and reliable commitment.
One step closer to your dream home. Meet an expert loan officer who will help you make the right decisions for your situation. Start the conversation, get expert guidance, and apply. That's all it takes to get the ball rolling.
Mortgage Calculators
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Calculate a Mortgage Payment
Use this tool to calculate your potential monthly mortgage payment by entering your loan amount, interest rate, and term. This tool helps you understand your financial commitment and plan accordingly.Fintactix Logo External Link DisclaimerBy clicking the fintactix logo, you will be leaving Salem Five’s website and be taken to a third-party website. That website may have a privacy policy different from Salem Five and may provide less security than this Salem Five site. Salem Five and its affiliates are not responsible for the products, services, security, and content on the third-party website.By clicking the fintactix logo, you will be leaving Salem Five’s website and be taken to a third-party website. That website may have a privacy policy different from Salem Five and may provide less security than this Salem Five site. Salem Five and its affiliates are not responsible for the products, services, security, and content on the third-party website.Start Your Mortgage Application Now -
Rent or Buy?
Compare the financial implications of buying versus renting a home . Input your current rent, potential mortgage details, and other expenses to see which option suits your budget best.Fintactix Logo External Link DisclaimerBy clicking the fintactix logo, you will be leaving Salem Five’s website and be taken to a third-party website. That website may have a privacy policy different from Salem Five and may provide less security than this Salem Five site. Salem Five and its affiliates are not responsible for the products, services, security, and content on the third-party website.By clicking the fintactix logo, you will be leaving Salem Five’s website and be taken to a third-party website. That website may have a privacy policy different from Salem Five and may provide less security than this Salem Five site. Salem Five and its affiliates are not responsible for the products, services, security, and content on the third-party website.Explore Mortgage Options -
Proceeds from Sale of a Home
Plan your next move by estimating the net proceeds from selling your home. Include sale price, outstanding mortgage balance, and selling costs to get a clear picture.
Fintactix Logo External Link DisclaimerBy clicking the fintactix logo, you will be leaving Salem Five’s website and be taken to a third-party website. That website may have a privacy policy different from Salem Five and may provide less security than this Salem Five site. Salem Five and its affiliates are not responsible for the products, services, security, and content on the third-party website.By clicking the fintactix logo, you will be leaving Salem Five’s website and be taken to a third-party website. That website may have a privacy policy different from Salem Five and may provide less security than this Salem Five site. Salem Five and its affiliates are not responsible for the products, services, security, and content on the third-party website.Contact a Loan Officer -
Home Affordability
Assess your budget and financial situation to determine the price range of homes you can comfortably afford. This tool considers your income, debts, and other factors. Read our helpful home affordability guide to learn more about how lenders determine how much you can afford and other costs to consider.Fintactix Logo External Link DisclaimerBy clicking the fintactix logo, you will be leaving Salem Five’s website and be taken to a third-party website. That website may have a privacy policy different from Salem Five and may provide less security than this Salem Five site. Salem Five and its affiliates are not responsible for the products, services, security, and content on the third-party website.By clicking the fintactix logo, you will be leaving Salem Five’s website and be taken to a third-party website. That website may have a privacy policy different from Salem Five and may provide less security than this Salem Five site. Salem Five and its affiliates are not responsible for the products, services, security, and content on the third-party website.Get a Mortgage Rate Quote -
Compare Two Mortgage Loans
Analyze the differences between two mortgage options to find the best fit for your financial situation. This tool compares interest rates, terms, and monthly payments to help you make an informed choice.Fintactix Logo External Link DisclaimerBy clicking the fintactix logo, you will be leaving Salem Five’s website and be taken to a third-party website. That website may have a privacy policy different from Salem Five and may provide less security than this Salem Five site. Salem Five and its affiliates are not responsible for the products, services, security, and content on the third-party website.By clicking the fintactix logo, you will be leaving Salem Five’s website and be taken to a third-party website. That website may have a privacy policy different from Salem Five and may provide less security than this Salem Five site. Salem Five and its affiliates are not responsible for the products, services, security, and content on the third-party website.Contact a Salem Five Loan Officer -
Time To Refinance?
Decide if refinancing your mortgage makes sense for your financial situation. This calculator evaluates potentials savings, loan terms, and costs to help you determine if refinancing is the right move.Fintactix Logo External Link DisclaimerBy clicking the fintactix logo, you will be leaving Salem Five’s website and be taken to a third-party website. That website may have a privacy policy different from Salem Five and may provide less security than this Salem Five site. Salem Five and its affiliates are not responsible for the products, services, security, and content on the third-party website.By clicking the fintactix logo, you will be leaving Salem Five’s website and be taken to a third-party website. That website may have a privacy policy different from Salem Five and may provide less security than this Salem Five site. Salem Five and its affiliates are not responsible for the products, services, security, and content on the third-party website.Get ready to refinance -
Debt-to-Income Calculator
Understand how your debt compares to your income and its impact on loan eligibility. This tool calculates your debt-to-income ratio, a key factor lenders consider when approving loans.Fintactix Logo External Link DisclaimerBy clicking the fintactix logo, you will be leaving Salem Five’s website and be taken to a third-party website. That website may have a privacy policy different from Salem Five and may provide less security than this Salem Five site. Salem Five and its affiliates are not responsible for the products, services, security, and content on the third-party website.By clicking the fintactix logo, you will be leaving Salem Five’s website and be taken to a third-party website. That website may have a privacy policy different from Salem Five and may provide less security than this Salem Five site. Salem Five and its affiliates are not responsible for the products, services, security, and content on the third-party website.See if You Qualify for a Loan -
Increase Your Monthly Payment
See how paying a little extra each month can reduce your loan term and interest paid. This calculator demonstrates the benefits of making additional payments toward your mortgage.Fintactix Logo External Link DisclaimerBy clicking the fintactix logo, you will be leaving Salem Five’s website and be taken to a third-party website. That website may have a privacy policy different from Salem Five and may provide less security than this Salem Five site. Salem Five and its affiliates are not responsible for the products, services, security, and content on the third-party website.By clicking the fintactix logo, you will be leaving Salem Five’s website and be taken to a third-party website. That website may have a privacy policy different from Salem Five and may provide less security than this Salem Five site. Salem Five and its affiliates are not responsible for the products, services, security, and content on the third-party website.Connect with a Salem Five Loan Officer