PHH Mortgage · New Hampshire · 2025

PHH Mortgage in New Hampshire: approval rate, denial rate and rates (2025)

PHH Mortgage took 106 mortgage applications in New Hampshire in 2025, ranking #83 of 535 lenders active in the state. It originated 38.7% of them and denied 16.0% (28.8% of the applications it decided), against a statewide denial rate of 16.5%.

106Applicationsin NH
28.8%Decision denial ratestate 20.3%
5.99%Median ratestate 6.82%
$325,000Median loanstate $265,000
$15MVolume9 counties

PHH Mortgage in New Hampshire vs the state

16.0%Denial rate-0.45 pts vs state
28.8%Decision denial rate+8.54 pts vs state
38.7%Origination rate-23.03 pts vs state
5.99%Median rate-0.83 pts vs state
-0.10Rate spread (pts)-0.34 pts vs state
$94kMedian applicant income
41Loans originated
17Denied

Trend in New Hampshire

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023582019.0%6.71%#103
2024953523.2%6.49%#85
20251064116.0%5.99%#83

What PHH Mortgage lends in New Hampshire

By loan purpose

Home purchase 2 2% · 0.0% denied
Refinance 54 51% · 11.1% denied
Cash-out refinance 47 44% · 19.2% denied
Home improvement 3 3% · 66.7% denied

By loan type

Conventional 60 57% · 10.0% denied
FHA 37 35% · 27.0% denied
VA 9 8% · 11.1% denied

Why it denied New Hampshire applicants

Collateral 7 41%
Insufficient cash 4 24%
Other 3 18%
Credit history 2 12%
Debt-to-income ratio 1 6%

Where in New Hampshire

Counties with the most PHH Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hillsborough County 2996 20.7%
Rockingham County 27112 7.4%
Strafford County 1133 27.3%
Merrimack County 1071 10.0%
Grafton County 922 22.2%
Cheshire County 740 0.0%
Belknap County 631 16.7%
Carroll County 511 20.0%
Sullivan County 211 50.0%

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: 106 applications in 2025, of which 41 were originated and 17 denied.

16.0% of all applications, or 28.8% of the applications it actually decided on. The New Hampshire statewide average across all lenders was 16.5%.

The median rate on loans PHH Mortgage originated in New Hampshire in 2025 was 5.99%, against a statewide median of 6.82%.

About this data. Figures are PHH Mortgage'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