Spring Eq in New Hampshire vs the state
53.4%Denial rate+36.86 pts vs state
64.2%Decision denial rate+43.90 pts vs state
28.2%Origination rate-33.47 pts vs state
9.10%Median rate+2.28 pts vs state
3.09Rate spread (pts)+2.86 pts vs state
$129kMedian applicant income
181Loans originated
342Denied
Trend in New Hampshire
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 462 | 113 | 62.3% | 10.88% | #24 |
| 2024 | 601 | 177 | 53.2% | 9.73% | #21 |
| 2025 | 641 | 181 | 53.4% | 9.10% | #22 |
What Spring Eq lends in New Hampshire
By loan purpose
By loan type
Why it denied New Hampshire applicants
Where in New Hampshire
Counties with the most Spring Eq applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hillsborough County | 196 | 49 | 103 | 52.6% |
| Rockingham County | 177 | 60 | 86 | 48.6% |
| Merrimack County | 81 | 21 | 44 | 54.3% |
| Strafford County | 49 | 18 | 24 | 49.0% |
| Belknap County | 43 | 8 | 30 | 69.8% |
| Carroll County | 31 | 8 | 15 | 48.4% |
| Grafton County | 28 | 7 | 19 | 67.9% |
| Cheshire County | 21 | 5 | 12 | 57.1% |
| Sullivan County | 8 | 5 | 3 | 37.5% |
| Coos County | 7 | 0 | 6 | 85.7% |
Other large lenders in New Hampshire
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Citizens Bank | C | 4,969 | 24.3% | 7.40% |
| CMG Mortgage | A | 3,499 | 2.5% | 6.63% |
| Rocket Mortgage | C | 3,090 | 17.0% | 6.75% |
| United Shore Financial Services | B | 2,488 | 8.8% | 6.50% |
| Service Federal Credit Union | C | 2,300 | 25.5% | 6.49% |
| TD Bank | D | 1,811 | 22.5% | 7.54% |
| St. Mary's Bank Credit Union | B | 1,514 | 21.2% | 7.25% |
| Lighthouse Federal Credit Union | D | 1,311 | 34.3% | 7.49% |
| Digital | D | 1,129 | 20.3% | 7.74% |
| Bank of America | F | 1,068 | 28.9% | 5.99% |
Frequently asked questions
New Hampshire: 641 applications in 2025, of which 181 were originated and 342 denied.
53.4% of all applications, or 64.2% of the applications it actually decided on. The New Hampshire statewide average across all lenders was 16.5%.
The median rate on loans Spring Eq originated in New Hampshire in 2025 was 9.10%, against a statewide median of 6.82%.
About this data. Figures are Spring Eq'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