Granite State Credit Union · New Hampshire · 2025

Granite State Credit Union in New Hampshire: approval rate, denial rate and rates (2025)

Granite State Credit Union took 542 mortgage applications in New Hampshire in 2025, ranking #29 of 535 lenders active in the state. It originated 59.8% of them and denied 7.8% (10.5% of the applications it decided), against a statewide denial rate of 16.5%.

542Applicationsin NH
10.5%Decision denial ratestate 20.3%
7.50%Median ratestate 6.82%
$105,000Median loanstate $265,000
$43MVolume10 counties

Granite State Credit Union in New Hampshire vs the state

7.8%Denial rate-8.74 pts vs state
10.5%Decision denial rate-9.82 pts vs state
59.8%Origination rate-1.93 pts vs state
7.50%Median rate+0.68 pts vs state
1.37Rate spread (pts)+1.13 pts vs state
$119kMedian applicant income
324Loans originated
42Denied

Trend in New Hampshire

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235072748.3%8.00%#20
202450224111.8%8.25%#28
20255423247.8%7.50%#29

What Granite State Credit Union lends in New Hampshire

By loan purpose

Home purchase 79 15% · 11.4% denied
Refinance 10 2% · 20.0% denied
Cash-out refinance 196 36% · 6.1% denied
Home improvement 185 34% · 4.9% denied
Other / HELOC 72 13% · 13.9% denied

By loan type

Conventional 542 100% · 7.8% denied

Why it denied New Hampshire applicants

Debt-to-income ratio 37 88%
Credit history 3 7%
Collateral 2 5%

Where in New Hampshire

Counties with the most Granite State Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hillsborough County 17711016 9.0%
Merrimack County 1417714 9.9%
Rockingham County 102655 4.9%
Belknap County 70444 5.7%
Grafton County 1490 0.0%
Strafford County 1180 0.0%
Carroll County 851 12.5%
Coos County 722 28.6%
Sullivan County 520 0.0%
Cheshire County 320 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: 542 applications in 2025, of which 324 were originated and 42 denied.

7.8% of all applications, or 10.5% of the applications it actually decided on. The New Hampshire statewide average across all lenders was 16.5%.

The median rate on loans Granite State Credit Union originated in New Hampshire in 2025 was 7.50%, against a statewide median of 6.82%.

About this data. Figures are Granite State Credit Union'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