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Multifamily record
Salem Five Cents Savings Bank: multifamily loans made
Salem Five Cents Savings Bank, a bank based in Salem, MA, made 49 multifamily loans in 2024 and 2025, $128.2M in all, in 4 states. The typical loan was about $800K, and the largest about $32M. Most were in Essex County, MA.
- Evidence
- Multifamily loans made in 2024 and 2025, HMDA
- Data as of
- HMDA 2025
- Page last changed
- November 11, 2026
- Multifamily loans
- 49
- HMDA,
- 2024 and 2025. Manufactured-home parks excluded
- Dollars
- $128M
- HMDA,
- Rounded amounts
- Typical loan
- $800K
- HMDA,
- Largest loan
- $32M
- HMDA,
- Rounded to 2 significant figures
- States
- 4
- HMDA,
Cite this
Source: The Lender Report, Salem Five Cents Savings Bank: multifamily loans made, https://lender.report/lender/salem-five-cents-savings-bank-ma/multifamily/, data as of December 31, 2025.
The loans, newest first
Banks report no loan-level data for office, retail, industrial or construction loans. This list shows only multifamily and SBA loans.
| Period | Place | Loan | Amount | Rate | Term | LTV | Source |
|---|---|---|---|---|---|---|---|
| 2025 | Middlesex County, MA | Refinance, 50 to 99 units | $26M | 6.57% | 5 yr | 51% | HMDA 2025 |
| 2025 | Essex County, MA | Purchase, 5 to 24 units | $6.7M | 6% | 10 yr | 67% | HMDA 2025 |
| 2025 | Essex County, MA | Purchase, 50 to 99 units | $4.8M | 7.25% | 2.3 yr | 64% | HMDA 2025 |
| 2025 | Essex County, MA | Purchase, 5 to 24 units | $2.9M | 6.41% | 5 yr | 67% | HMDA 2025 |
| 2025 | Essex County, MA | Purchase, 5 to 24 units | $2.6M | 7.75% | 1.5 yr | 70% | HMDA 2025 |
| 2025 | Suffolk County, MA | Refinance, 5 to 24 units | $2M | 6.52% | 10 yr | 75% | HMDA 2025 |
| 2025 | Middlesex County, MA | Purchase, 5 to 24 units | $1.4M | 6.62% | 10 yr | 75% | HMDA 2025 |
| 2025 | Middlesex County, MA | Purchase, 5 to 24 units | $1.4M | 6.93% | 10 yr | 57% | HMDA 2025 |
| 2025 | Suffolk County, MA | Refinance, 5 to 24 units | $1.4M | 6.64% | 10 yr | 67% | HMDA 2025 |
| 2025 | Bristol County, MA | Refinance, 5 to 24 units | $1.3M | 6.92% | 10 yr | 68% | HMDA 2025 |
| 2025 | Rockingham County, NH | Refinance, 5 to 24 units | $1.3M | 7.17% | 10 yr | 70% | HMDA 2025 |
| 2025 | Berkshire County, MA | Refinance, 5 to 24 units | $840K | 6.74% | 10 yr | 70% | HMDA 2025 |
| 2025 | Essex County, MA | Refinance, 5 to 24 units | $760K | 7.14% | 10 yr | 57% | HMDA 2025 |
| 2025 | Worcester County, MA | Purchase, 5 to 24 units | $680K | 6.7% | 10 yr | 59% | HMDA 2025 |
| 2025 | Suffolk County, MA | Refinance, 5 to 24 units | $520K | 6.62% | 10 yr | 10% | HMDA 2025 |
| 2025 | Worcester County, MA | Purchase, 5 to 24 units | $480K | 6.88% | 10 yr | 70% | HMDA 2025 |
| 2025 | Kennebec County, ME | Improvement, 5 to 24 units | $65K | 6.99% | 10 yr | 10% | HMDA 2025 |
| 2025 | Essex County, MA | Improvement, 5 to 24 units | $55K | 8.06% | 10 yr | 3% | HMDA 2025 |
| 2024 | Middlesex County, MA | Purchase, 100 to 149 units | $32M | 8.32% | 4 yr | 49% | HMDA 2024 |
| 2024 | Norfolk County, MA | Refinance, 150 or more units | $15M | 5.49% | 30 yr | 65% | HMDA 2024 |
| 2024 | Middlesex County, MA | Purchase, 5 to 24 units | $4.5M | 7.58% | 2.5 yr | 71% | HMDA 2024 |
| 2024 | Essex County, MA | Refinance, 5 to 24 units | $2.7M | 7.17% | 10 yr | 58% | HMDA 2024 |
| 2024 | Worcester County, MA | Purchase, 5 to 24 units | $1.6M | 6.85% | 10 yr | 75% | HMDA 2024 |
| 2024 | Essex County, MA | Purchase, 5 to 24 units | $1.1M | 7.39% | 10 yr | 73% | HMDA 2024 |
| 2024 | Essex County, MA | Purchase, 5 to 24 units | $1.1M | 7.58% | 10 yr | 75% | HMDA 2024 |
| 49 multifamily loans made in 2024 and 2025 | $128M | HMDA 2024 and 2025 | |||||
A blank means the source did not report it.
| Place | As named | Loans | Dollars |
|---|---|---|---|
| Essex County, MA | County | 14 | $25.2M |
| Middlesex County, MA | County | 9 | $67.6M |
| Bristol County, MA | County | 4 | $3.12M |
| Suffolk County, MA | County | 4 | $5.02M |
| Worcester County, MA | County | 4 | $3.72M |
| Hillsborough County, NH | County | 3 | $2.38M |
| Berkshire County, MA | County | 2 | $1.26M |
| Hampden County, MA | County | 2 | $1.04M |
| Providence County, RI | County | 2 | $1.46M |
| Barnstable County, MA | County | 1 | $620K |
| Grafton County, NH | County | 1 | $420K |
| Kennebec County, ME | County | 1 | $65.0K |
A county is named only where the public file holds 5 or more multifamily loans there in the year; otherwise the metro area or the state is.
| Loan size | Loans | Dollars |
|---|---|---|
| Under $1M | 29 | $16.2M |
| $1M to $2.5M | 11 | $14.8M |
| $2.5M to $5M | 5 | $17.5M |
| $5M to $10M | 1 | $6.70M |
| $10M or more | 3 | $73.0M |
| Year | Loans | Dollars | Typical loan |
|---|---|---|---|
| 2024 | 31 | $73.0M | $700K |
| 2025 | 18 | $55.2M | $1.4M |
| Purpose | Loans |
|---|---|
| Purchase | 30 |
| Refinance | 16 |
| Improvement | 3 |
| Units | Loans |
|---|---|
| 5 to 24 units | 45 |
| 50 to 99 units | 2 |
| 100 to 149 units | 1 |
| 150 or more units | 1 |
- Salem Five Cents Savings Bank made 49 multifamily loans totaling $128.2M in 2024 and 2025, in 14 named places across 4 states. HMDA,
- It made 18 of them in 2025 and 31 in 2024. HMDA,
- The typical loan was about $800K, with the middle half between $520K and $1.4M. HMDA,
- The largest was about $32M. Every amount is rounded to 2 significant figures. HMDA,
- 29 loans were under $1M, and 4 were $5M or more. HMDA,
- It reported a median rate of 7.01% on 49 loans, with the middle half between 6.70% and 7.25%. HMDA,
- The median term was 10 years. HMDA,
- The median loan to value was 65%. HMDA,
- 33% of the loans were refinancings and 61% were purchases. HMDA,
- The most common property size was 5 to 24 units, with 45 loans. HMDA,
- Its loans were most often in Essex County, MA (14), Middlesex County, MA (9) and Bristol County, MA (4). HMDA,
What we don't know
- Whether Salem Five Cents Savings Bank is taking new multifamily loans today.
- Its minimum or maximum loan, its fees and its other terms. HMDA reports the rate, term and loan to value, and this page shows what it reports.
- Loans on office, retail, industrial or hotel property. HMDA covers dwelling-secured loans only.
Place is a county only where the public file holds 5 or more multifamily loans of that year there, otherwise the metro area or the state. Amounts are rounded to 2 significant figures and HMDA has a year, never a date.
HMDA covers dwelling-secured loans. Manufactured-home parks are left out of every count.
Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem
Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.