New Hampshire USDA Loan Rates, Closing Costs & Stats

New Hampshire

USDA loans are zero-downpayment loans targeted towards lower-income households in rural areas. They can be made directly by the US Department of Agriculture or through a participating lender-- and they typically to borrowers with credit scores over 640. They can have subsidized rates, making them very competitive in terms of cost, but they have more stringent standards on who is eligible as well as specific covenants such as only being available in rural areas and limits on home size.

New Hampshire USDA Loans, 30 Year Fixed Rates

30 Year USDA mortgages in New Hampshire averaged 6.87% for the week of 2024-06-07, compared to the national average (all USDA variants) of 6.699% for the same period.

New Hampshire's average USDA mortgage closing costs are $6,503.

The average rate for the prior week (2024-05-31) was 6.75% and one month ago for the week of 2024-05-03, the average rate was 7.14%.

The average rate one year ago was 6.54%.

For refis of the same type during the week of 2024-06-07, the average rate was 6.77%.

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

New Hampshire USDA Loan Lenders by Rates & Fees

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

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
HARBORONE MORTGAGE, LLC 7 6.30% $6,547
GUILD MORTGAGE COMPANY 3 5.54% $9,134
CMG MORTGAGE, INC. 2 6.44% $5,921
BROKER SOLUTIONS, INC. 1 6.00% $5,202
EMBRACE HOME LOANS, INC. 1 6.38% $4,388
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 6.75% $6,999
LOANDEPOT.COM, LLC 1 6.25% $8,702
Paramount Residential Mortgage Group, Inc. 1 7.13% $11,231
American Mortgage & Equity Consultants, Inc. 1 6.63% $6,368
Service Federal Credit Union 1 7.25% $5,455
Bank of New Hampshire 1 6.75% $5,199
BAY EQUITY LLC 1 7.00% $6,441

The top New Hampshire USDA lender as defined by loan originations is HARBORONE MORTGAGE, LLC, with 7 USDA loans originated. Their average total fees are $6,547, which is $2,587 lower than the next largest lender, GUILD MORTGAGE COMPANY.

The lowest fee New Hampshire USDA lenders (with over 10 loans originated) are .

The lowest rate New Hampshire USDA lenders (with over 10 loans originated) are .