New Hampshire VA Loan Rates, Closing Costs & Stats

New Hampshire

A VA loan is a mortgage loan that’s backed by the Department of Veterans Affairs (VA) for those who have served or are presently serving in the U.S. military. The VA does not directly lend, it guarantees the loans made by private lenders to veterans, active military personnel, and qualifying military spouses.

The most obvious benefit of VA loans is that no downpayment is necessary to purchase a home. They will also typically have significantly lower fees-- meaning that if you're eligible to receive a VA loan, it will likely be the most favorable option. VA loans come in 3 varities: purchase, refinance and cash out refis.

For additional benefits of VA loans, click here.

New Hampshire VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in New Hampshire averaged 6.76% for the week of 2024-07-12, compared to the national average (all VA variants) of 6.364% for the same period.

New Hampshire's average VA mortgage closing costs are $6,490.

The average rate for the prior week (2024-07-05) was 6.68% and one month ago for the week of 2024-06-07, the average rate was 6.79%.

The average rate one year ago was 7.07%.

For refis of the same type during the week of 2024-07-12, the average rate was 6.66%.

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

New Hampshire VA Loan Lenders by Rates & Fees

The below table looks at the average fees/closing costs and rates for VA 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
Mortgage Research Center, LLC 203 6.72% $9,158
CMG MORTGAGE, INC. 102 6.54% $11,183
QUICKEN LOANS, LLC 69 6.03% $16,050
UNITED WHOLESALE MORTGAGE, LLC 64 6.49% $9,140
NAVY FEDERAL CREDIT UNION 54 5.94% $8,441
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 41 6.65% $8,157
GUILD MORTGAGE COMPANY 40 6.52% $9,956
CROSSCOUNTRY MORTGAGE, LLC 39 6.51% $13,010
LOANDEPOT.COM, LLC 33 6.19% $14,569
FREEDOM MORTGAGE CORPORATION 33 6.48% $20,847
PENNYMAC LOAN SERVICES, LLC 31 5.54% $10,280
USAA Federal Savings Bank 30 6.26% $9,326
PRIMELENDING, A PLAINSCAPITAL COMPANY 29 6.26% $8,368
NEW DAY FINANCIAL, LLC 24 7.34% $13,247
MOVEMENT MORTGAGE, LLC 23 6.48% $6,477
The Federal Savings Bank 20 6.26% $19,614
HARBORONE MORTGAGE, LLC 17 6.16% $9,965
GUARANTEED RATE, INC. 16 6.22% $5,408
Mr. Cooper ( Nationstar Mortgage ) 16 6.09% $14,070
EMM LOANS LLC 15 6.37% $9,530
PENTAGON FEDERAL CREDIT UNION 14 5.68% $11,668
NBKC BANK 10 5.98% $7,375
ENVOY MORTGAGE, LTD 9 6.85% $10,385
American Mortgage & Equity Consultants, Inc. 9 6.69% $18,010
RELIANCE FIRST CAPITAL, LLC 8 6.03% $11,762
NORTHPOINT MORTGAGE, INC. 8 6.73% $10,229
Barrington Bank & Trust Company, N.A. 8 6.13% $17,612
LAKEVIEW LOAN SERVICING, LLC 8 5.97% $13,711
TOTAL MORTGAGE SERVICES, LLC 8 6.73% $12,728
Citizens Bank 7 6.09% $8,352
Wells Fargo Bank 7 6.00% $8,996
NEWREZ LLC 7 6.59% $8,975
AMERISAVE MORTGAGE CORPORATION 7 5.73% $17,244
BAY EQUITY LLC 6 6.90% $6,385
Waterstone Mortgage Corporation 6 6.56% $12,213
BROKER SOLUTIONS, INC. 6 6.58% $12,136
MORTGAGE EQUITY PARTNERS LLC 5 6.58% $12,101
ACADEMY MORTGAGE CORPORATION 4 6.87% $6,238
ARK-LA-TEX FINANCIAL SERVICES, LLC. 4 6.28% $12,642
BNC National Bank 4 5.44% $10,875
EMBRACE HOME LOANS, INC. 4 5.84% $14,278
Keystone Funding, Inc. 3 6.00% $6,126
Magnolia Bank 3 6.21% $19,397
Flagstar Bank, FSB 3 6.75% $24,900
NORWICH COMMERCIAL GROUP, INC. 3 6.88% $10,696
CARDINAL FINANCIAL 3 5.79% $15,645
MUTUAL OF OMAHA MORTGAGE, INC. 3 6.38% $20,076
EVERETT FINANCIAL, INC. 3 6.79% $10,996
VILLAGE CAPITAL MORTGAGE 3 5.54% $8,439
First Federal Bank 3 6.08% $7,334
HOMEBRIDGE FINANCIAL SERVICES, INC. 3 6.54% $15,376
Paramount Residential Mortgage Group, Inc. 2 6.75% $6,622
DRAPER AND KRAMER MORTGAGE CORP. 2 7.18% $10,793
Plains Commerce Bank 2 6.63% $12,960
Bank of New Hampshire 2 6.56% $10,144
RADIUS FINANCIAL GROUP INC. 2 6.31% $17,960
FIRST MORTGAGE COMPANY, INC. 2 6.43% $19,606
NEW FED MORTGAGE, CORP. 2 6.44% $18,157
SUN WEST MORTGAGE COMPANY, INC. 2 5.94% $17,524
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 2 6.50% $9,366
AMERICAN FINANCING CORPORATION 2 6.75% $18,273
LEADERONE FINANCIAL CORPORATION 2 6.31% $12,309
Ross Mortgage Company, Inc. 1 7.25% $10,501
SALEM FIVE MORTGAGE COMPANY, LLC 1 7.00% $17,724
Service Federal Credit Union 1 6.13% $3,134
SUMMIT FUNDING, INC. 1 6.25% $14,868
TD Bank 1 6.63% $2,916
Armed Forces Bank 1 5.75% $21,333
Union Bank 1 6.38% $6,284
AMERICAN FINANCIAL RESOURCES, INC. 1 7.00% $13,020
U.S. Bank 1 4.99% $70
AMERICAN FINANCIAL NETWORK, INC. 1 5.75% $12,380
HOMESIDE FINANCIAL, LLC 1 5.75% $6,235
AMCAP MORTGAGE, LTD. 1 6.75% $17,453
HOMESTEAD FUNDING CORP. 1 6.75% $2,832
Ixonia Bank 1 7.25% $2,310
JPMorgan Chase Bank 1 6.63% $2,466
Lakeview Community Capital, LLC 1 5.75% $21,685
Leader Bank 1 6.99% $17,987
LENOX FINANCIAL MORTGAGE CORPORATION 1 5.88% $10,975
HANSCOM 1 5.75% $3,200
GUARANTEED RATE AFFINITY, LLC 1 6.08% $0
GENEVA FINANCIAL, LLC 1 6.75% $8,867
First Savings Bank 1 5.25% $4,245
M&T Bank 1 7.13% $3,632
Nations Lending Corporation 1 7.25% $12,510
NATIONS RELIABLE LENDING, LLC 1 7.75% $6,106
Evolve Bank & Trust 1 6.50% $4,269
North American Savings Bank, F.S.B. 1 6.38% $9,421
Equity Prime Mortgage LLC 1 5.88% $19,447
OCMBC, INC. 1 6.75% $8,001
ON Q FINANCIAL, INC. 1 6.63% $12,622
CHURCHILL MORTGAGE CORPORATION 1 7.25% $6,733
Bank of England 1 7.13% $475

The top New Hampshire VA lender as defined by loan originations is Mortgage Research Center, LLC, with 203 VA loans originated. Their average total fees are $9,158, which is $2,026 lower than the next largest lender, CMG MORTGAGE, INC..

The lowest fee New Hampshire VA lenders (with over 10 loans originated) are GUARANTEED RATE, INC. ($5,408), MOVEMENT MORTGAGE, LLC ($6,477), NBKC BANK ($7,375), FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($8,157) and PRIMELENDING, A PLAINSCAPITAL COMPANY ($8,368).

The lowest rate New Hampshire VA lenders (with over 10 loans originated) are PENNYMAC LOAN SERVICES, LLC (5.54%), PENTAGON FEDERAL CREDIT UNION (5.68%), NAVY FEDERAL CREDIT UNION (5.94%), NBKC BANK (5.98%) and QUICKEN LOANS, LLC (6.03%).

VA Loan Features

  • No down payment required
  • Negotiable and competitive interest rate.
  • Ability to finance the VA funding fee (plus reduced funding fees with a down payment of at least 5 percent and exemption for veterans receiving VA compensation).
  • VA rules limit the amount you can be charged for closing costs.
  • Closing costs are comparable with other financing types (and may be lower).
  • Closing costs may be paid by the seller.
  • No private mortgage insurance premiums are required.
  • An assumable mortgage.
  • Right to prepay your mortgage without penalty.
  • For homes inspected by VA during construction, a warranty from builder and assistance from VA to obtain cooperation of builder.
  • VA assistance to veteran borrowers in default due to temporary financial difficulty.