2025 · New Hampshire

How investors finance real estate in New Hampshire

In 2025, 1,465 investment-property loans worth $548M were originated on single-family 1-4 unit homes in New Hampshire. Here's how those terms compared to the rest of the country.

Investor rate premium

63 bps

U.S. median: 76 bps

Denial rate

18.7%

U.S. median: 17.5%

DSCR / business-purpose

70%

U.S. median: 72%

Median LTV

75%

U.S. median: 74%

Since 2024 in New Hampshire

Rate premium

74 bps → 63 bps

-11 bps

Investor loans

1,144 → 1,465

+28.1%

Denial rate

20.3% → 18.7%

-1.7 pts

DSCR / business-purpose

75% → 70%

-5.4 pts

What the numbers say

Investors in New Hampshire borrowed at a median rate of 7.25%, versus 6.625% for owner-occupants — a 63 bps premium that ranks 41st of 51 states.

Their applications were denied 18.7% of the time. The leading reasons for denial were collateral, debt-to-income ratio, other.

70% of investor loans were business- or commercial-purpose — the category that includes DSCR and LLC-held loans — and 22% were cash-out refinances. The typical loan-to-value was 75%, implying about 25% down.

Frequently asked questions

How much more do investors pay for a mortgage in New Hampshire?

In 2025, the median investment-property loan in New Hampshire carried a rate of 7.25% versus 6.625% for an owner-occupant — a premium of 63 bps. That ranks 41st of 51 states (1 = highest premium).

What share of investor loan applications are denied in New Hampshire?

18.7% of investment-property applications were denied in New Hampshire in 2025, the 14th-highest denial rate among the 51 states. The most common denial reasons were collateral, debt-to-income ratio, other.

How common are DSCR and business-purpose investor loans in New Hampshire?

70% of investor loans in New Hampshire were flagged as primarily business or commercial purpose — the bucket that includes DSCR and LLC-held loans (27th of 51). The median loan-to-value was 75%.

Run the numbers for a deal here

DSCR Loan Qualifier Mortgage / DSCR Payment All 50 states ranked How we built this

Source: CFPB / FFIEC HMDA combined Modified LAR (loan-level public dataset, early release), 2025. Single-family 1-4 unit, site-built loans; financed purchases only.