Ed Barrett
SVP Mortgage, Area Sales Manager
NMLS: 13126
Ed has over 30 years of mortgage lending experience in Massachusetts, Maine, New Hampshire and Rhode Island. Working extensively with home buyers, home-owners, real estate professionals and builders, the focus is on making sure the correct expectations get set, with accuracy.
Ed has helped thousands of homeowners achieve the dream! In addition to purchase, refinance and construction loans, Ed is Salem Five Mortgage’s Reverse Mortgage Specialist with our Salem Five FHA Home Equity Conversion Mortgage (HECM). Senior Homeowners and their families entrust Salem Five to help them understand the reverse mortgage program; an excellent and safe option for folks who want to remain in their home, and are trying to finds ways to achieve a financial balance. Call today to have a conversation with Ed!
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.
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