How much house can you afford in Salem? See your maximum price, monthly payment and pre-approval estimate. Free, instant, no credit check.
Updated · current rates and lending limits
Add your partner's income if you're buying together.
Car loans, credit cards, lines of credit, student loans. Not rent.
Enter your yearly household income.
Savings and gifts from family count. Many first-time buyer loans need just 3% down; under 20% you pay mortgage insurance.
7.40% (Freddie Mac 30-year average, October 2026). Change it if you've been quoted a rate.
Enter your down payment.
| After | Paid in total | Still owed |
|---|
Landmark Professional Mortgage Co
5.0 · 397 reviews · Free pre-approval
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Mortgage First
5.0 · 271 reviews · Free pre-approval
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Team Canales - Churchill Mortgage Salem
5.0 · 213 reviews · Free pre-approval
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An estimate, not a mortgage approval or pre-approval. A mortgage broker confirms your real number.
Ranked by TrustAnalytica from verified reviews · see the full Top 10 list →
Known for responsive communication and personalized support, Landmark Professional Mortgage Co helps both first-time and experienced homebuyers navigate the mortgage process. The team assists with loan options and closing details, often making what can be a stressful experience feel smoother and more manageable. Some clients note the high level of availability, including evenings and weekends.
Mortgage First specializes in a streamlined online mortgage application and approval process, often completing funding within 30 days. They offer a variety of loan options, including purchase and refinance loans, supported by tools like payment calculators and refinance analysis. Customers appreciate the team’s responsiveness and clear communication throughout the mortgage journey.
With over 30 years of mortgage lending experience, Team Canales focuses on making home buying and refinancing straightforward and stress-free. They guide clients through FHA, VA, and Conventional loan options, providing clear communication and timely answers. Customers appreciate their professionalism and responsiveness throughout the process.
Known for responsive communication and clear updates throughout the mortgage process, Guild Mortgage - Justin Morris offers a range of home financing options including purchase loans and refinancing. The team supports clients with personalized guidance and tools to help navigate decisions, with many customers appreciating their availability and thoroughness.
The Putnam Group powered by CrossCountry Mortgage specializes in guiding clients through complex loan situations with clear communication and attentive support. The team assists with home purchases and refinancing, helping customers feel informed and confident throughout the process. Some clients note the detailed steps can feel extensive but appreciate the thorough explanations.
Licensed across multiple states, Advantage Mortgage, Inc. offers a variety of loan programs for first-time buyers, refinancers, and those moving up or downsizing. Their team provides clear, responsive guidance throughout the mortgage process, with clients noting helpful communication and thorough answers to questions.
Mortgage Marketplace is known for clear communication and attentive support throughout the home loan process. The team helps clients navigate mortgage options with detailed explanations and quick responses, making the experience less stressful. Customers appreciate their availability and the personal care they provide from start to finish.
Sensible Mortgage, LLC is known for clear communication and guiding clients through every step of the lending process. The team offers mortgage brokerage services, helping buyers understand their options and stay on schedule. Customers appreciate their responsiveness and straightforward explanations, though some note the process can still have unexpected challenges.
Licensed under NMLS #2824957, Neighborhood Mortgage Group focuses on making home financing clear and approachable for Salem-area buyers. They offer a range of mortgage options including conventional, FHA, VA, USDA, and renovation loans, with a team known for patient guidance throughout the process. Some clients note rates may not always be the lowest, but appreciate the thorough communication and… more...
Licensed under NMLS #2824957, Neighborhood Mortgage Group focuses on making home financing clear and approachable for Salem-area buyers. They offer a range of mortgage options including conventional, FHA, VA, USDA, and renovation loans, with a team known for patient guidance throughout the process. Some clients note rates may not always be the lowest, but appreciate the thorough communication and support.
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Lenders made 3,212 home-purchase loans in Marion County in 2025 (average about $408,000) and denied 456 — 12% of decided applications, compared with 10% across Oregon, according to federal mortgage data (HMDA, CFPB). In Salem, the median home is worth $416,900 and 68% of owners have a mortgage, paying a median $2,057 a month (Census ACS 2020–2024).
Source: CFPB / FFIEC Home Mortgage Disclosure Act (HMDA) data, 2024–2025 loan applications in Marion County (originated vs denied); home values and costs: U.S. Census Bureau ACS 2020–2024. Compiled by TrustAnalytica.
| # | Business | Rating | Reviews | Starting price | Phone | Website |
|---|---|---|---|---|---|---|
| 1 | Landmark Professional Mortgage Co | 5.0 | 397 | Quoted per loan | (503) 581-8100 | Visit |
| 2 | Mortgage First | 5.0 | 271 | — | (503) 588-3511 | Visit |
| 3 | Team Canales - Churchill Mortgage Salem | 5.0 | 213 | Quoted per loan | (503) 385-4040 | Visit |
| 4 | Guild Mortgage - Justin Morris | 5.0 | 116 | Quoted per loan | (503) 949-4380 | Visit |
| 5 | Traci Putnam (formerly Benjamin) The Putnam Group powered by CrossCountry Mortgage | 4.9 | 118 | — | (971) 599-7746 | Visit |
| 6 | American Dream Home Mortgage | powered by Advantage Mortgage Inc. | 5.0 | 111 | — | (503) 266-5800 | Visit |
| 7 | Mortgage Marketplace | 4.9 | 76 | Quoted per loan | (503) 210-1480 | Visit |
| 8 | Sensible Mortgage, LLC | 5.0 | 57 | Quoted per loan | (503) 990-7486 | Visit |
| 9 | Neighborhood Mortgage Group, NMLS # 2824957 | 5.0 | 44 | Quoted per loan | (503) 409-3933 | Visit |
| 10 | Jake Brown Mortgages | 5.0 | 25 | — | (503) 871-3882 | Visit |
Lenders look at your debt-to-income ratio. Housing costs (principal and interest, property tax, homeowners insurance and mortgage insurance) should stay under about 31% of your gross monthly income, and housing plus your other monthly debts under 43%. The calculator finds the highest home price that passes both tests with your down payment, on a 30-year fixed loan.
An estimate, not a mortgage approval or pre-approval. Your credit, income type, the property and the lender all change the answer; a mortgage broker confirms your real number. Sources: Freddie Mac Primary Mortgage Market Survey (October 2026), U.S. Census Bureau American Community Survey 2024 property tax data, FHA and CFPB debt-to-income guidance.
General information, not financial advice — consult a qualified professional.