Salem Five Mortgage Rates
Find the latest mortgage rates and terms offered by Salem Five Mortgage in Massachusetts. Salem Five is one of the largest bank mortgage lenders and servicers of mortgage loans headquartered in New England. Salem Five conducts home lending in Massachusetts, Maine, New Hampshire and Rhode Island.
The competitive mortgage rates on Salem Five loan products can be found on fixed rate mortgages, adjustable rate mortgages, construction loans and renovation loans, jumbo mortgages, reverse mortgages, VA mortgages, home equity loans and lines of credit as well as specialty loans. Mortgage loans are provided for new home purchases, second homes and vacation homes, refinances for a variety of purposes and home renovation projects.
Current Salem Five mortgage rates for June 17, 2013 include the following interest rates, points and APRs:
The Salem Five 15 year fixed rate mortgage is 2.875% with 1.75 points and an APR of 3.274%
A 30 Year fixed rate mortgage at Salem Five has an interest rate of 3.750% and 1.63 points and a 3.968% APR.
The mortgage rates listed are current as of June 17, 2013 and are subject to change at any time and without notice. The loan rates listed are available for owner occupied, single family properties with a combined loan to value (CLTV) up to 75% or less with a credit score(s) of 740 or greater for a lock period of 30 days for purchase and rate and term refinance loans. The bank mortgage rates and Annual Percentage Rates may vary depending on specific loan details, such as the property type, loan amount, loan to value ratio, credit history or other specific loan request attributes.
The bank loan rates are based on the institution’s online published rates and may have changed since this publication date. This information is believed to be reliable, but the information is not guaranteed. Contact the bank directly for the most up to date and accurate mortgage rates and loan terms.
A Salem Five mortgage loan officer can be reached by calling the bank at 800-850-5000. Salem Five operates over 20 bank branches throughout greater Boston. A list of branch locations with the address, phone number and hours of operation can be found at Salem Five locations.
Additional resources to help consumers find the best mortgage rates in the region are available at SelectCDrates.com under the bank rate tables titled Massachusetts mortgage rates or Boston mortgage rates.