New Hampshire Mortgage Rates, Fees & Info

Concord, NH

LEI: 549300KUBRH1GICTLI84

Tax ID: 02-0224611

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    New Hampshire is a smaller mortgage company specializing in Cash Out Refi and Refi loans. New Hampshire has a high proportion of conventional loans. Their top markets by origination volume include: Concord, Boston, Manchester, Laconia, and Lebanon among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)

    New Hampshire has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. New Hampshire is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 7.24% 11/22/24
    30 Year Conventional Refi 6.47% 11/22/24
    30 Year Cash-out Refi 7.01% 11/22/24
    15 Year Conventional Purchase 6.26% 11/22/24
    15 Year Conventional Refi 6.17% 11/22/24
    15 Year Cash-out Refi 6.17% 11/22/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    New Hampshire Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from New Hampshire. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    259

    Origination Dollar Volume (All Markets)

    $53,605,000
    Show all (8) awards

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    Concord, NH (FHA|USDA|VA) 111 $21,365,000 $192,477 $2,563 2.85%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 58 $14,800,000 $255,172 $2,751 2.88%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 33 $6,735,000 $204,091 $2,667 2.91%
    Laconia, NH (FHA|USDA|VA) 28 $4,660,000 $166,429 $2,554 2.96%
    Lebanon, NH-VT (FHA|USDA|VA) 14 $3,060,000 $218,571 $2,653 2.74%
    Outside of Metro Areas 8 $1,510,000 $188,750 $2,654 2.67%
    Keene, NH (FHA|USDA|VA) 7 $1,475,000 $210,714 $2,721 2.54%
    New Hampshire's top markets include Concord, Boston, Manchester, Laconia, and Lebanon among others.

    Their top states include:
  • New Hampshire (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against NEW HAMPSHIRE based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    LUSO-AMERICAN CREDIT UNION
    Similarity Rank: 258
    Piscataqua Savings Bank
    Similarity Rank: 310
    COMMUNITY CREDIT UNION OF LYNN
    Similarity Rank: 525
    Bridgewater Savings Bank
    Similarity Rank: 600
    Mascoma Bank
    Similarity Rank: 637
    NESC
    Similarity Rank: 772
    East Boston Savings Bank
    Similarity Rank: 798
    Sharon & Crescent United Credit Union
    Similarity Rank: 830
    QUINCY CREDIT UNION
    Similarity Rank: 876
    Triangle Credit Union
    Similarity Rank: 992

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 259 $53,605,000 $206,969 $2,629 2.86%

    For 2020, New Hampshire's most frequently originated type of loan was Conventional, with 259 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 134 $27,220,000 $203,134 $2,620 2.87%
    Refi 92 $19,640,000 $213,478 $2,639 2.75%
    Home Purchase 25 $6,115,000 $244,600 $2,801 3.11%
    Home Improvement 8 $630,000 $78,750 $2,125 2.95%

    For 2020, New Hampshire's most frequently cited loan purpose was Cash Out Refi, with 134 originations. The 2nd most popular reason was Refi, with 92 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 102 $23,670,000 $232,059 $2,663 3.08%
    15 Year 79 $15,405,000 $195,000 $2,625 2.62%
    20 Year 47 $9,755,000 $207,553 $2,638 2.94%
    10 Year 31 $4,775,000 $154,032 $2,517 2.58%

    For 2020, New Hampshire's most frequently cited loan duration was 30 Year, with 102 originations. The 2nd most popular length was 15 Year, with 79 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 259 $53,605,000 $206,969

    New Hampshire's average total fees were $2,663, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 259 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 122 $25,100,000 $205,738
    <2.5% 73 $13,645,000 $186,918
    3-4% 61 $14,315,000 $234,672
    5-6% 2 $330,000 $165,000
    4-5% 1 $215,000 $215,000

    During 2020, New Hampshire's average interest rate for loans was 3.08%, while their most frequently originated rate bucket for loans was 2.5-3%, with 122 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 115 $29,545,000 $256,913 $2,718 2.96%
    $100k-200k 108 $16,330,000 $151,204 $2,549 2.79%
    $100,000 or less 24 $1,900,000 $79,167 $2,325 2.72%
    $400k-600k 11 $5,085,000 $462,273 $3,050 2.70%
    $600k-1MM 1 $745,000 $745,000 $3,747 3.00%

    2020 saw New Hampshire place emphasis on $200k-400k loans with 115 originations, totaling $29,545,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 72 $15,730,000 $218,472 $2,665 2.87%
    $75k-100k 60 $10,200,000 $170,000 $2,571 2.88%
    $150k-250k 58 $15,060,000 $259,655 $2,743 2.82%
    $50k-75k 39 $5,565,000 $142,692 $2,469 2.82%
    $50k or less 17 $2,435,000 $143,235 $2,480 3.01%
    $250k+ 13 $4,615,000 $355,000 $2,866 2.70%

    New Hampshire lent most frequently to those with incomes in the $100k-150k range, with 72 originations. The second most popular income band? $75k-100k, with 60 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 99 $22,085,000 $223,081 $2,675 2.87%
    <20% 51 $10,035,000 $196,765 $2,647 2.68%
    30-36% 49 $9,325,000 $190,306 $2,531 2.89%
    39% 10 $1,880,000 $188,000 $2,610 2.78%
    37% 8 $1,990,000 $248,750 $2,601 2.88%
    43% 6 $1,140,000 $190,000 $2,600 2.92%
    48% 5 $875,000 $175,000 $2,526 3.18%
    42% 5 $1,205,000 $241,000 $2,550 3.03%
    36% 5 $965,000 $193,000 $2,781 2.80%
    41% 4 $750,000 $187,500 $2,655 3.09%
    45% 4 $1,010,000 $252,500 $2,842 3.22%
    44% 3 $705,000 $235,000 $2,644 3.13%
    46% 3 $485,000 $161,667 $2,521 2.79%
    40% 3 $645,000 $215,000 $2,750 3.33%
    47% 2 $330,000 $165,000 $2,429 3.00%
    >60% 1 $105,000 $105,000 $2,338 2.50%
    38% 1 $75,000 $75,000 $2,412 2.75%

    New Hampshire lent most frequently to those with DTI ratios of 20-30%, with 99 originations. The next most common DTI ratio? <20%, with 51 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 224 $45,760,000 $204,286 $2,618 2.87%
    Not provided 27 $5,995,000 $222,037 $2,682 2.72%
    Asian 6 $1,450,000 $241,667 $2,877 2.79%
    American Indian 1 $265,000 $265,000 $2,577 3.50%
    Other Asian 1 $135,000 $135,000 $2,369 2.25%

    Approval Rates

    Total approvals of all applications
    95.03%

    New Hampshire has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    83.40%

    New Hampshire has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 259 $53,605,000 $206,969

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 259 $53,605,000 $206,969

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 33 $4,185,000 $126,818 $2,502 2.63%
    40-60% 82 $14,790,000 $180,366 $2,625 2.67%
    60-80% 118 $28,750,000 $243,644 $2,663 2.97%
    80-100% 21 $5,615,000 $267,381 $2,799 3.24%
    Under 20% 5 $265,000 $53,000 $2,013 3.10%