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New Hampshire mortgage lending data

Northeast region · HMDA 2023 reporting year

In New Hampshire, the 2023 mortgage denial rate was 17.3% — below the national denial rate (-2.3 points vs the 19.6% national rate), ranking it #29 of 51. Lenders originated about 19,655 home-purchase and refinance loans (rank #41). The home-purchase denial rate was 11.2% and refinance 28.5%. By loan type, conventional loans were 88.2%, FHA 7.3%, VA 4.4% and USDA/RHS 0.1%. Informational data, not lending advice.

Source: HMDA Data Browser (FFIEC / CFPB). Data as of June 2026.

New Hampshire mortgage lending at a glance

IndicatorNew Hampshire
Total originations (purchase + refinance, 2023)19,655
Denied applications4,112
Mortgage denial rate17.3%
Denial-rate rank (1 = highest of 51)#29
Home-purchase denial rate11.2%
Refinance denial rate28.5%
Volume rank (1 = most loans of 51)#41

Source: HMDA Data Browser (FFIEC / CFPB) (2023 reporting year). Data as of June 2026.

Source: HMDA Data Browser (2023), public domain. Denial rate = denied ÷ (originated + denied). Informational only — verify before relying on it.

What the denial rate means

New Hampshire's mortgage denial rate of 17.3% means that for every 100 applications that were either approved-and-originated or denied, about 17 were turned down. That is lower compared with the national figure of 19.6%. Denial rates are driven by applicant credit scores, debt-to-income ratios, the loan type and local home prices — not only by how strict lenders are. Refinance applications are often denied at a different rate than purchase loans: in New Hampshire the purchase denial rate was 11.2% versus 28.5% for refinances.

New Hampshire loan-type mix

How New Hampshire's 19,655 originations break down by loan program. A higher FHA or VA share usually points to more first-time buyers, lower down payments, or a large veteran population.

Loan typeOriginationsShare
Conventional24,36788.2%
FHA2,0217.3%
VA1,2084.4%
USDA / RHS330.1%

Source: HMDA Data Browser (FFIEC / CFPB) (2023). Data as of June 2026.

See FHA vs VA vs conventional for what each program is. Shares are over loans with a reported type and may not sum to exactly 100% due to rounding.

States with a similar denial rate to New Hampshire

New Hampshire and its nearest peers by denial rate. Source: HMDA Data Browser (2023).
StateDenial rateOriginationsFHA shareVA share
New Hampshire (this state)17.3%19,6557.3%4.4%
Indiana17.3%115,58814.0%4.7%
Ohio17.3%171,80412.7%4.7%
Virginia17.3%126,50111.9%14.4%
Wyoming17.3%8,15217.6%10.8%
District of Columbia17.2%7,3485.1%4.6%

Frequently asked questions

What was the mortgage denial rate in New Hampshire in 2023?

In 2023, the mortgage denial rate in New Hampshire was about 17.3% — that is, 4,112 applications were denied out of 23,767 that were either originated or denied. That is -2.3 points versus the national rate of 19.6%, and ranks New Hampshire #29 of 51 from highest to lowest. Figures are from HMDA; verify before relying on them.

How many mortgages were originated in New Hampshire?

Lenders originated about 19,655 home-purchase and refinance loans in New Hampshire in 2023 (HMDA reporting year), ranking it #41 of 51 by volume. Of those, the home-purchase denial rate was 11.2% and the refinance denial rate was 28.5%.

What share of New Hampshire mortgages are FHA or VA loans?

In New Hampshire, FHA loans made up about 7.3% of originations and VA loans about 4.4%, with conventional loans the largest share at 88.2% and USDA/RHS loans 0.1%. Higher government-backed shares often reflect more first-time and lower-down-payment buyers.

Is it harder to get a mortgage in New Hampshire than elsewhere?

New Hampshire's denial rate of 17.3% is below the national denial rate. Denial rates reflect applicant credit, income and debt, loan type and local home prices as much as lender behavior, so a higher rate does not by itself mean stricter lenders. States with the most similar denial rates to New Hampshire are Indiana, Ohio, Virginia.

Keep exploring

Sources & accuracy

All counts are from the HMDA Data Browser (FFIEC / CFPB, 2023 reporting year, public domain). Denial rate, loan-type shares and ranks are transparent calculations over those counts (see methodology). This page is informational and is not financial or lending advice — verify with a licensed lender before making a decision.

Last updated: 2026-06-20