New Hampshire · 2025 HMDA data

Mortgage lenders in New Hampshire: denial rates, approval odds and real rates (2025)

535 lenders acted on 57,701 mortgage applications in New Hampshire in 2025. 16.5% were denied, against 18.0% nationally. The median interest rate on loans that closed was 6.82%, the median loan $265,000.

58kApplications
16.5%Denial rateUS 18.0%
6.82%Median rateUS 6.63%
$265,000Median loanUS $225,000
$13BOriginated volume

Largest mortgage lenders in New Hampshire

By applications received in 2025. Grade is the lender's national grade.

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Citizens Bank C 4,9693,194 24.3%7.40%
2 CMG Mortgage A 3,4992,466 2.5%6.63%
3 Rocket Mortgage C 3,0902,297 17.0%6.75%
4 United Shore Financial Services B 2,4881,967 8.8%6.50%
5 Service Federal Credit Union C 2,3001,321 25.5%6.49%
6 TD Bank D 1,811997 22.5%7.54%
7 St. Mary's Bank Credit Union B 1,514967 21.2%7.25%
8 Lighthouse Federal Credit Union D 1,311676 34.3%7.49%
9 Digital D 1,129651 20.3%7.74%
10 Bank of America F 1,068483 28.9%5.99%
11 Guild Mortgage A 970688 5.5%6.63%
12 Crosscountry Mortgage B 965678 3.5%6.79%
13 Fairway Independent Mortgage B 944707 6.0%6.63%
14 Loandepot.Com D 936635 14.6%6.75%
15 Emm Loans B 928806 1.3%6.63%
16 Meredith Village Savings Bank C 900620 13.3%7.25%
17 Newrez D 836301 17.1%6.75%
18 Mortgage Research Center C 806380 17.9%6.13%
19 Freedom Mortgage B 729316 8.4%6.25%
20 Guaranteed Rate B 700418 4.6%6.55%
21 Pennymac Loan Services C 680370 11.8%6.63%
22 Spring Eq D 641181 53.4%9.10%
23 Navy Federal Credit Union D 634342 17.5%7.50%
24 AmeriSave Mortgage D 594170 61.3%7.63%
25 Broker Solutions D 585226 9.1%6.75%

Best approval odds in New Hampshire

Lowest decision denial rate among lenders that decided at least 300 New Hampshire applications in 2025.

#LenderDecidedDecision denial rateMedian rate
1Emm Loans8481.4%6.63%
2CMG Mortgage2,7493.2%6.63%
3Coastal Community Bank3043.3%9.99%
4Total Mortgage Services3364.5%6.63%
5Crosscountry Mortgage7294.7%6.79%
6Movement Mortgage3825.0%6.63%
7Guild Mortgage7806.8%6.63%
8Guaranteed Rate4587.0%6.55%
9Fairway Independent Mortgage7657.5%6.63%
10Harborone Mortgage3447.6%6.63%

Lowest median rates in New Hampshire

Among lenders reporting rates on at least 100 originated loans. Product mix matters: a VA specialist will show a lower median than a jumbo lender.

#LenderPriced loansMedian rateDenial rate
1Manufacturers and Traders Trust3325.99%31.9%
2Bank of America4835.99%28.9%
3Mortgage Research Center3806.13%17.9%
4Lakeview Loan Servicing1446.25%40.1%
5Freedom Mortgage3166.25%8.4%
6Workers Federal Credit Union1036.38%8.0%
7Mutual of Omaha Mortgage1316.38%16.0%
8Leader Bank2486.38%1.3%
9JPMorgan Chase Bank1846.38%10.9%
10Service Federal Credit Union1,3216.49%25.5%

What New Hampshire borrowers applied for

By loan purpose

Home purchase 21,210 37% · 8.0% denied
Refinance 10,059 17% · 13.7% denied
Cash-out refinance 10,161 18% · 20.1% denied
Home improvement 8,664 15% · 25.0% denied
Other / HELOC 7,607 13% · 29.5% denied

By loan type

Conventional 49,310 85% · 16.8% denied
FHA 4,593 8% · 18.0% denied
VA 3,619 6% · 11.4% denied
USDA / RHS 179 0% · 7.8% denied

Denial rate by applicant income

Under $50k 54.1%
$50k – $100k 27.4%
$100k – $150k 16.7%
$150k – $250k 13.1%
Over $250k 12.2%

Why New Hampshire applications were denied

Debt-to-income ratio 3,639 39%
Credit history 1,736 19%
Collateral 1,688 18%
Incomplete application 1,070 11%
Other 674 7%
Unverifiable information 255 3%
Insufficient cash 166 2%
Employment history 85 1%
Mortgage insurance denied 2 0%

New Hampshire mortgage market by year

YearApplicationsOriginatedDenial rateMedian rateMedian loanLenders
202346,24727,62919.4%7.00%$205,000506
202450,22130,23718.8%7.00%$235,000495
202557,70135,60916.5%6.82%$265,000535

New Hampshire counties

Counties with at least 200 applications in 2025, most active first.

Frequently asked questions

16.5% of mortgage applications in New Hampshire were denied in 2025 (20.3% of applications that reached a decision). Nationally the rate was 18.0%.

Citizens Bank handled the most applications in New Hampshire in 2025: 4,969, with a denial rate of 24.3%.

Among lenders that decided at least 300 applications in New Hampshire, Emm Loans had the lowest decision denial rate at 1.4%.

The median interest rate on loans originated in New Hampshire in 2025 was 6.82%. That is the rate borrowers actually received, reported by lenders under HMDA, not an advertised rate.