New Hampshire FHA Loan Rates, Closing Costs & Stats

New Hampshire

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    • FHA loans are mortgages created in the 1930's to help insulate lenders from credit risks and help promote home ownership. The Federal Housing Administration (hence, FHA) allows for lower downpayments and credit scores-- making these loans much more accessible than traditional mortgages.

    FHA loans typically need just a 3.5% downpayment with credit scores of 580 or better. For credit scores between 500-579, the downpayment needs to be at least 10%.

    While FHA loans make home ownership much more accessible to first-time homebuyers, they do require PMI (purchase money insurance)-- an additional insurance premium that is paid to the FHA to help cover defaults.

    For additional requirements as defined by the FHA, click here.

    New Hampshire FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in New Hampshire averaged 6.37% for the week of 2025-04-04, compared to the national average (all FHA variants) of 6.259% for the same period.

    New Hampshire's average FHA mortgage closing costs are $9,165.

    The average rate for the prior week (2025-03-28) was 6.57% and one month ago for the week of 2025-02-28, the average rate was 6.86%.

    The average rate one year ago was 7.08%.

    For refis of the same type during the week of 2025-04-04, the average rate was 6.32%.

    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

    New Hampshire FHA Loan Lenders by Rates & Fees

    The below table looks at the average fees/closing costs and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the New Hampshire level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    QUICKEN LOANS, LLC 221 6.20% $14,923
    CMG MORTGAGE, INC. 204 6.76% $11,443
    UNITED WHOLESALE MORTGAGE, LLC 183 6.22% $14,387
    EMM LOANS LLC 109 6.38% $13,503
    CROSSCOUNTRY MORTGAGE, LLC 95 6.61% $14,137
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 83 6.68% $11,526
    GUILD MORTGAGE COMPANY 71 6.65% $11,635
    LOANDEPOT.COM, LLC 66 6.19% $15,864
    FREEDOM MORTGAGE CORPORATION 59 6.41% $15,456
    MOVEMENT MORTGAGE, LLC 51 6.53% $12,747
    PENNYMAC LOAN SERVICES, LLC 42 5.94% $14,579
    NORTHPOINT MORTGAGE, INC. 39 6.46% $14,305
    HARBORONE MORTGAGE, LLC 35 6.70% $10,887
    Mr. Cooper ( Nationstar Mortgage ) 34 6.47% $17,683
    MUTUAL OF OMAHA MORTGAGE, INC. 28 6.60% $21,411
    BROKER SOLUTIONS, INC. 26 6.56% $15,117
    TOTAL MORTGAGE SERVICES, LLC 25 6.82% $12,769
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 25 6.52% $16,878
    LAKEVIEW LOAN SERVICING, LLC 24 6.36% $12,482
    MORTGAGE EQUITY PARTNERS LLC 22 6.49% $13,568
    AMERISAVE MORTGAGE CORPORATION 20 6.23% $16,824
    PRIMELENDING, A PLAINSCAPITAL COMPANY 18 6.63% $12,692
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 17 6.62% $12,641
    EVERETT FINANCIAL, INC. 17 6.78% $11,857
    Sierra Pacific Mortgage Company, Inc. 16 5.95% $22,478
    NEWREZ LLC 15 6.25% $16,152
    GUARANTEED RATE, INC. 14 6.27% $11,600
    Keystone Funding, Inc. 13 6.13% $13,257
    Carrington Mortgage Services, LLC 12 6.10% $17,001
    Waterstone Mortgage Corporation 11 6.95% $12,167
    MSA MORTGAGE, LLC 11 6.59% $10,170
    American Mortgage & Equity Consultants, Inc. 11 6.86% $13,972
    RELIANCE FIRST CAPITAL, LLC 11 6.10% $17,447
    Equity Prime Mortgage LLC 10 6.39% $15,910
    VILLAGE CAPITAL MORTGAGE 10 6.32% $11,019
    ENVOY MORTGAGE, LTD 9 6.93% $15,242
    NEW FED MORTGAGE, CORP. 9 6.22% $13,395
    Mortgage Research Center, LLC 9 6.47% $8,809
    HOMEBRIDGE FINANCIAL SERVICES, INC. 9 6.56% $9,432
    Home Loan Investment Bank, F.S.B. 8 6.45% $11,825
    Citizens Bank 8 6.63% $9,434
    POLARIS HOME FUNDING CORP. 8 6.25% $15,734
    FIRST MORTGAGE COMPANY, INC. 7 6.14% $18,050
    AMERICAN FINANCIAL RESOURCES, INC. 7 6.70% $9,786
    CARDINAL FINANCIAL 6 6.62% $12,934
    GUARANTEED RATE AFFINITY, LLC 6 6.15% $12,588
    M&T Bank 5 7.05% $8,053
    NORWICH COMMERCIAL GROUP, INC. 5 6.75% $12,053
    PLANET HOME LENDING, LLC 5 6.30% $10,120
    BAY EQUITY LLC 5 6.33% $12,007
    Flagstar Bank, FSB 5 6.12% $8,206
    Bangor Savings Bank 5 6.55% $9,822
    Northpointe Bank 5 6.65% $18,151
    NATIONS DIRECT MORTGAGE, LLC 5 6.38% $13,760
    AMERICAN FINANCING CORPORATION 5 6.35% $13,232
    EMBRACE HOME LOANS, INC. 4 7.13% $9,642
    FIRST COMMUNITY MORTGAGE, INC. 4 6.94% $16,417
    Century Mortgage Company DBA Century Lending Company 4 6.94% $13,029
    PHH Mortgage Corporation 4 6.15% $10,369
    RESIDENTIAL BANCORP 4 6.06% $15,246
    SALEM FIVE MORTGAGE COMPANY, LLC 4 5.91% $13,095
    Paramount Residential Mortgage Group, Inc. 3 6.50% $17,555
    RADIUS FINANCIAL GROUP INC. 3 6.79% $11,231
    Lakeview Community Capital, LLC 3 6.71% $8,450
    PLAZA HOME MORTGAGE, INC. 3 6.54% $15,260
    DREW MORTGAGE ASSOCIATES, INC. 3 7.08% $12,123
    PRIMARY RESIDENTIAL MORTGAGE, INC. 3 6.67% $14,997
    Barrington Bank & Trust Company, N.A. 3 6.29% $8,433
    HOMESIDE FINANCIAL, LLC 3 5.92% $16,377
    Nations Lending Corporation 3 6.75% $22,847
    Berkshire Bank 2 5.69% $9,831
    AmeriHome Mortgage Company, LLC 2 6.38% $12,205
    Bank of England 2 7.19% $15,084
    BETTER MORTGAGE CORPORATION 2 5.69% $9,683
    BM Real Estate Services, Inc. 2 7.00% $14,205
    Evolve Bank & Trust 2 6.81% $17,308
    Fall River Five Cents Savings Bank 2 6.63% $11,188
    GENEVA FINANCIAL, LLC 2 6.75% $15,624
    JMAC LENDING, INC. 2 6.19% $16,090
    Leader Bank 2 6.25% $14,028
    NATIONS RELIABLE LENDING, LLC 2 6.94% $11,928
    Plains Commerce Bank 2 6.75% $15,605
    PROVINCE MORTGAGE ASSOCIATES, INC. 2 6.63% $12,036
    The Federal Savings Bank 2 6.69% $17,107
    Wells Fargo Bank 2 6.63% $12,658
    ZILLOW HOME LOANS, LLC 2 6.69% $9,953
    MEMBER FIRST MORTGAGE, LLC 1 7.13% $8,463
    Republic State Mortgage Co. 1 6.75% $11,477
    LENOX FINANCIAL MORTGAGE CORPORATION 1 5.75% $7,182
    Rockland Trust Company 1 6.25% $12,419
    Ross Mortgage Company, Inc. 1 6.50% $8,222
    INTERSTATE HOME LOAN CENTER, INC. 1 7.13% $15,560
    EQUITY RESOURCES, INC. 1 7.25% $8,121
    SUN WEST MORTGAGE COMPANY, INC. 1 5.50% $28,983
    Texana Bank 1 6.25% $9,460
    Bank of America 1 6.88% $13,494
    The Union Bank Company 1 5.50% $10,449
    CHURCHILL MORTGAGE CORPORATION 1 6.75% $19,173
    Union Bank 1 5.13% $10,950
    UNION HOME MORTGAGE CORP. 1 6.88% $7,954
    UNITED MORTGAGE CORP 1 6.63% $15,255
    CALCON MUTUAL MORTGAGE LLC 1 7.25% $23,091
    U.S. Bank 1 6.50% $10,582
    OCMBC, INC. 1 6.25% $10,379
    ABSOLUTE HOME MORTGAGE CORPORATION 1 6.75% $16,313
    NBKC BANK 1 6.75% $7,842
    NATIONWIDE MORTGAGE BANKERS, INC. 1 5.75% $24,649

    The top New Hampshire FHA lender as defined by loan originations is QUICKEN LOANS, LLC, with 221 FHA loans originated. Their average total fees are $14,923, which is $3,479 higher than the next largest lender, CMG MORTGAGE, INC..

    The lowest fee New Hampshire FHA lenders (with over 10 loans originated) are MSA MORTGAGE, LLC ($10,170), HARBORONE MORTGAGE, LLC ($10,887), VILLAGE CAPITAL MORTGAGE ($11,019), CMG MORTGAGE, INC. ($11,443) and FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($11,526).

    The lowest rate New Hampshire FHA lenders (with over 10 loans originated) are PENNYMAC LOAN SERVICES, LLC (5.94%), Sierra Pacific Mortgage Company, Inc. (5.95%), RELIANCE FIRST CAPITAL, LLC (6.10%), Carrington Mortgage Services, LLC (6.10%) and Keystone Funding, Inc. (6.13%).

    New Hampshire FHA Loan Limits

    Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
    LACONIA, NH BELKNAP 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO CARROLL 2022 $420,680 $538,650 $651,050 $809,150
    KEENE, NH CHESHIRE 2022 $420,680 $538,650 $651,050 $809,150
    BERLIN, NH COOS 2022 $420,680 $538,650 $651,050 $809,150
    LEBANON, NH-VT GRAFTON 2022 $420,680 $538,650 $651,050 $809,150
    MANCHESTER-NASHUA, NH HILLSBOROUGH 2022 $430,100 $550,600 $665,550 $827,100
    CONCORD, NH MERRIMACK 2022 $420,680 $538,650 $651,050 $809,150
    BOSTON-CAMBRIDGE-NEWTON, MA-NH ROCKINGHAM 2022 $770,500 $986,400 $1,192,300 $1,481,750
    BOSTON-CAMBRIDGE-NEWTON, MA-NH STRAFFORD 2022 $770,500 $986,400 $1,192,300 $1,481,750
    LEBANON, NH-VT SULLIVAN 2022 $420,680 $538,650 $651,050 $809,150
    LACONIA, NH BELKNAP 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO CARROLL 2023 $472,030 $604,400 $730,525 $907,900
    KEENE, NH CHESHIRE 2023 $472,030 $604,400 $730,525 $907,900
    BERLIN, NH COOS 2023 $472,030 $604,400 $730,525 $907,900
    LEBANON, NH-VT GRAFTON 2023 $472,030 $604,400 $730,525 $907,900
    MANCHESTER-NASHUA, NH HILLSBOROUGH 2023 $477,250 $610,950 $738,500 $917,800
    CONCORD, NH MERRIMACK 2023 $472,030 $604,400 $730,525 $907,900
    BOSTON-CAMBRIDGE-NEWTON, MA-NH ROCKINGHAM 2023 $828,000 $1,060,000 $1,281,300 $1,592,350
    BOSTON-CAMBRIDGE-NEWTON, MA-NH STRAFFORD 2023 $828,000 $1,060,000 $1,281,300 $1,592,350
    LEBANON, NH-VT SULLIVAN 2023 $472,030 $604,400 $730,525 $907,900

    FHA Loan Requirements

  • Borrowers must have a steady employment history or worked for the same employer for the past two years.
  • Borrowers must have a valid Social Security number, lawful residency in the U.S. and be of legal age to sign a mortgage in your state.
  • Borrowers must pay a minimum down payment of 3.5 percent. The money may be gifted by a family member. (Traditional mortgages do not permit gifted down payments)
  • New FHA loans are only available for primary residence occupancy.
  • Borrowers must have a property appraisal from a FHA-approved appraiser.
  • Borrowers’ front-end ratio (mortgage payment plus HOA fees, property taxes, mortgage insurance, homeowners insurance) needs to be less than 31 percent of their gross income, typically. You may be able to get approved with as high a percentage as 40 percent. Your lender will be required to provide justification as to why they believe the mortgage presents an acceptable risk. The lender must include any compensating factors used for loan approval.
  • Borrowers’ debt to income ratio (mortgage plus all your monthly debt, i.e., credit card payment, car payment, student loans, etc.) needs to be less than 43 percent of their gross income, typically. You may be able to get approved with as high a percentage as 50 percent.
  • Borrowers must have a minimum credit score of 580 for maximum financing with a minimum down payment of 3.5 percent.
  • Borrowers must have a minimum credit score of 500-579 for maximum LTV of 90 percent with a minimum down payment of 10 percent.
  • Bborrowers must be two years out of bankruptcy and have re-established good credit. Exceptions can be made.
  • Typically borrowers must be three years out of foreclosure and have re-established good credit.
  • The purchased property must meet certain minimum standards at appraisal. If the home you are purchasing does not meet these standards and a seller will not agree to the required repairs, your only option is to pay for the required repairs at closing (to be held in escrow until the repairs are complete).