News
Is a 20% Downpayment Required
Notes from a Mortgage Lender: I just received a call from a customer inquiring about a residential mortgage. Her impression what that she needed to put down a minimum of 20% downpayment. My response was, did you know that to buy a residential property you do not need to put 20% down payment? It is a common myth and misconception that most people think they need to meet a 20% down payment requirement. I let this customer Imagine the time to save that money for the down payment, lender fees, attorney fees,
Peabody Area Chamber of Commerce Announces Annual Dinner at Toscana Forno
FOR IMMEDIATE RELEASE Peabody, MA – Oct 5. 2023 - The Peabody Area Chamber of Commerce is excited to announce its highly anticipated annual dinner, set to take place at the recently opened Toscana Forno on November 1, 2023, from 5:30 PM to 8:30 PM. Presenting sponsor of the event is Community Credit Union, who shares the chamber’s goal of bringing our diverse community together as well as by providing financial products and services that help each member realize his or her greatest potential. This year's
Meet the Member: Jessy ElGhoul
Tell us about your company? Salem Five is a Full-Service Financial Services Company. We employ some of the top professionals in retail, small business banking, lending, insurance, and wealth management -- enabling us to provide expertise that is uncommon among community and regional banks. At Salem Five, we understand the importance of helping our communities. Through the Salem Five Charitable Foundation, we are committed and continue to support a variety of community organizations ensuring vibrant