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, Laconia, Manchester, 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% 11/17/24
    30 Year Conventional Refi 6.47% 11/17/24
    30 Year Cash-out Refi 7.01% 11/17/24
    15 Year Conventional Purchase 6.26% 11/17/24
    15 Year Conventional Refi 6.17% 11/17/24
    15 Year Cash-out Refi 6.17% 11/17/24
    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

    232

    Origination Dollar Volume (All Markets)

    $47,680,000

    Awards

    NEW HAMPSHIRE 30 Year Conventional Loans gold NEW HAMPSHIRE 30 Year Conventional Loans gold NEW HAMPSHIRE 30 Year Conventional Loans silver NEW HAMPSHIRE 30 Year Conventional Loans bronze
    Show all (4) 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) 117 $21,425,000 $183,120 $2,535 2.79%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 51 $11,355,000 $222,647 $2,660 2.80%
    Laconia, NH (FHA|USDA|VA) 29 $7,045,000 $242,931 $2,711 2.68%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 20 $4,130,000 $206,500 $2,579 2.86%
    Outside of Metro Areas 7 $2,495,000 $356,429 $2,940 2.86%
    Lebanon, NH-VT (FHA|USDA|VA) 6 $1,030,000 $171,667 $2,636 2.83%
    Keene, NH (FHA|USDA|VA) 2 $200,000 $100,000 $2,614 2.38%
    New Hampshire's top markets include Concord, Boston, Laconia, Manchester, 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.

    Sharon & Crescent United Credit Union
    Similarity Rank: 335
    LUSO-AMERICAN CREDIT UNION
    Similarity Rank: 474
    Middlesex Savings Bank
    Similarity Rank: 672
    Bridgewater Savings Bank
    Similarity Rank: 672
    East Boston Savings Bank
    Similarity Rank: 755
    Piscataqua Savings Bank
    Similarity Rank: 789
    Norwood Co-operative Bank
    Similarity Rank: 820
    QUINCY CREDIT UNION
    Similarity Rank: 900
    Mascoma Bank
    Similarity Rank: 988
    HARVARD UNIVERSITY EMPLOYEES
    Similarity Rank: 1001

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 232 $47,680,000 $205,517 $2,604 2.79%

    For 2021, New Hampshire's most frequently originated type of loan was Conventional, with 232 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 113 $24,085,000 $213,142 $2,630 2.87%
    Refi 89 $17,505,000 $196,685 $2,624 2.61%
    Home Purchase 20 $5,600,000 $280,000 $2,860 3.03%
    Home Improvement 10 $490,000 $49,000 $1,618 2.98%

    For 2021, New Hampshire's most frequently cited loan purpose was Cash Out Refi, with 113 originations. The 2nd most popular reason was Refi, with 89 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 92 $23,780,000 $258,478 $2,742 3.10%
    15 Year 67 $12,595,000 $187,985 $2,607 2.46%
    10 Year 36 $4,540,000 $126,111 $2,302 2.56%
    20 Year 36 $6,740,000 $187,222 $2,588 2.82%
    5 Year 1 $25,000 $25,000 $1,067 3.25%

    For 2021, New Hampshire's most frequently cited loan duration was 30 Year, with 92 originations. The 2nd most popular length was 15 Year, with 67 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 232 $47,680,000 $205,517

    New Hampshire's average total fees were $2,742, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 232 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    <2.5% 90 $15,340,000 $170,444
    2.5-3% 85 $19,535,000 $229,824
    3-4% 53 $12,055,000 $227,453
    4-5% 4 $750,000 $187,500

    During 2021, New Hampshire's average interest rate for loans was 3.10%, while their most frequently originated rate bucket for loans was <2.5%, with 90 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 105 $16,375,000 $155,952 $2,562 2.69%
    $200k-400k 84 $21,500,000 $255,952 $2,707 2.93%
    $100,000 or less 32 $2,040,000 $63,750 $2,111 2.68%
    $400k-600k 8 $3,750,000 $468,750 $3,150 3.00%
    $1MM+ 2 $3,410,000 $1,705,000 $5,873 2.75%
    $600k-1MM 1 $605,000 $605,000 $3,170 2.50%

    2021 saw New Hampshire place emphasis on $100k-200k loans with 105 originations, totaling $16,375,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 61 $12,575,000 $206,148 $2,669 2.80%
    $150k-250k 57 $13,725,000 $240,789 $2,707 2.75%
    $75k-100k 47 $7,685,000 $163,511 $2,414 2.89%
    $50k-75k 42 $6,170,000 $146,905 $2,536 2.74%
    $50k or less 14 $1,420,000 $101,429 $2,312 2.78%
    $250k+ 11 $6,105,000 $555,000 $3,150 2.64%

    New Hampshire lent most frequently to those with incomes in the $100k-150k range, with 61 originations. The second most popular income band? $150k-250k, with 57 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 68 $16,950,000 $249,265 $2,692 2.85%
    30-36% 52 $10,670,000 $205,192 $2,602 2.81%
    <20% 44 $7,640,000 $173,636 $2,594 2.57%
    36% 9 $1,475,000 $163,889 $2,555 2.83%
    42% 8 $1,120,000 $140,000 $2,408 2.89%
    41% 6 $700,000 $116,667 $2,315 2.71%
    45% 6 $1,280,000 $213,333 $2,581 2.65%
    37% 5 $1,005,000 $201,000 $2,559 2.73%
    50-60% 5 $755,000 $151,000 $2,287 3.05%
    39% 5 $945,000 $189,000 $2,574 2.68%
    44% 5 $1,385,000 $277,000 $2,735 3.20%
    47% 4 $1,020,000 $255,000 $2,679 2.97%
    38% 4 $460,000 $115,000 $2,267 2.97%
    46% 3 $505,000 $168,333 $2,590 2.75%
    48% 3 $785,000 $261,667 $2,805 2.92%
    49% 2 $310,000 $155,000 $2,588 2.81%
    40% 2 $560,000 $280,000 $2,712 2.88%
    43% 1 $115,000 $115,000 $2,583 2.50%

    New Hampshire lent most frequently to those with DTI ratios of 20-30%, with 68 originations. The next most common DTI ratio? 30-36%, with 52 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 195 $40,955,000 $210,026 $2,605 2.79%
    Not provided 29 $5,265,000 $181,552 $2,592 2.77%
    Asian 6 $970,000 $161,667 $2,615 2.77%
    Filipino 1 $245,000 $245,000 $2,547 3.00%
    Black 1 $245,000 $245,000 $2,591 2.38%

    Approval Rates

    Total approvals of all applications
    95.14%

    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
    87.07%

    New Hampshire has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 232 $47,680,000 $205,517

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    232 $47,680,000 $205,517

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 47 $6,275,000 $133,511 $2,503 2.58%
    40-60% 77 $14,365,000 $186,558 $2,609 2.67%
    60-80% 83 $22,845,000 $275,241 $2,747 2.90%
    80-100% 13 $3,665,000 $281,923 $2,800 3.40%
    Under 20% 12 $530,000 $44,167 $1,760 2.88%