Bay Equity · New Hampshire · 2025

Bay Equity in New Hampshire: approval rate, denial rate and rates (2025)

Bay Equity took 26 mortgage applications in New Hampshire in 2025, ranking #172 of 535 lenders active in the state. It originated 57.7% of them and denied 15.4% (21.1% of the applications it decided), against a statewide denial rate of 16.5%.

26Applicationsin NH
21.1%Decision denial ratestate 20.3%
6.75%Median ratestate 6.82%
$410,000Median loanstate $265,000
$6.5MVolume6 counties

Bay Equity in New Hampshire vs the state

15.4%Denial rate-1.11 pts vs state
21.1%Decision denial rate+0.78 pts vs state
57.7%Origination rate-4.02 pts vs state
6.75%Median rate-0.07 pts vs state
0.33Rate spread (pts)+0.09 pts vs state
$124kMedian applicant income
15Loans originated
4Denied

Trend in New Hampshire

YearApplicationsOriginatedDenial rateMedian rateRank in state
202354415.6%6.75%#106
202486578.1%6.63%#90
2025261515.4%6.75%#172

What Bay Equity lends in New Hampshire

By loan purpose

Home purchase 25 96% · 12.0% denied
Cash-out refinance 1 4% · 100.0% denied

By loan type

Conventional 21 81% · 14.3% denied
FHA 3 12% · 33.3% denied
VA 2 8% · 0.0% denied

Why it denied New Hampshire applicants

Debt-to-income ratio 2 50%
Collateral 1 25%
Credit history 1 25%

Where in New Hampshire

Counties with the most Bay Equity applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hillsborough County 1162 18.2%
Rockingham County 961 11.1%
Strafford County 210 0.0%
Carroll County 201 50.0%
Belknap County 110 0.0%
Merrimack County 110 0.0%

Other large lenders in New Hampshire

LenderGradeApplicationsDenial rateMedian rate
Citizens BankC 4,96924.3%7.40%
CMG MortgageA 3,4992.5%6.63%
Rocket MortgageC 3,09017.0%6.75%
United Shore Financial ServicesB 2,4888.8%6.50%
Service Federal Credit UnionC 2,30025.5%6.49%
TD BankD 1,81122.5%7.54%
St. Mary's Bank Credit UnionB 1,51421.2%7.25%
Lighthouse Federal Credit UnionD 1,31134.3%7.49%
DigitalD 1,12920.3%7.74%
Bank of AmericaF 1,06828.9%5.99%

Frequently asked questions

New Hampshire: 26 applications in 2025, of which 15 were originated and 4 denied.

15.4% of all applications, or 21.1% of the applications it actually decided on. The New Hampshire statewide average across all lenders was 16.5%.

The median rate on loans Bay Equity originated in New Hampshire in 2025 was 6.75%, against a statewide median of 6.82%.

About this data. Figures are Bay Equity's own HMDA filing for properties located in New Hampshire, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology