New Hampshire Refinance Rates & Programs 2026

New Hampshire homeowners benefit from no state income tax, no sales tax, and moderate refinancing costs. From Manchester to Portsmouth and the Lakes Region, here's what you need to know.

Current New Hampshire Refinance Rates

As of March 2026:

| Loan Type | Average Rate | |-----------|--------------| | 30-Year Fixed | 6.22% | | 15-Year Fixed | 5.54% | | FHA 30-Year | 6.17% | | VA 30-Year | 5.50% |

Use our refinance calculator.

New Hampshire-Specific Refinance Programs

New Hampshire Housing Finance Authority (NHHFA)

NHHFA programs:

• Preferred Plus down payment assistance
• If you used assistance, check subordination before refinancing

Mortgage Credit Certificate: MCCs provide up to $2,000 annual tax credits.

USDA Refinancing

Much of New Hampshire qualifies for USDA loans outside Manchester, Nashua, and Portsmouth.

Seasonal/Lake Property Considerations

New Hampshire has many seasonal and lakefront properties. Second homes carry higher rates (0.5%-0.75% premium).

Cost of Refinancing in New Hampshire

Moderate costs:

| Cost Item | Typical Amount | |-----------|---------------| | Lender origination fee | $0 - $2,200 | | Appraisal | $500 - $700 | | Title insurance | $800 - $1,300 | | Recording fees | $60 - $120 | | Attorney fees (optional) | $500 - $1,000 | | Total typical closing costs | $4,000 - $7,000 |

New Hampshire has no state mortgage tax on refinances.

Use our break-even calculator.

When to Refinance in New Hampshire

Refinance if rates dropped 0.75%-1.0%, you want to eliminate PMI, or consolidate debt. See our cash-out guide.

Types of Refinance Available

Conventional, FHA Streamline, VA IRRRL, USDA Streamlined, Cash-Out all available.

New Hampshire Refinance FAQ

1. How long does refinancing take? 30-40 days.

2. Will property taxes change? No. New Hampshire property taxes are high but refinancing doesn't trigger reassessment.

3. Can I refinance a seasonal lake property? Yes, but expect second home rates (0.5%-0.75% higher) and potential appraisal challenges due to seasonal market.

4. What credit score needed? 580 FHA, 620 conventional, 740+ best rates.

5. Can I keep my NHHFA MCC? Yes, with participating lender.

Bottom Line

New Hampshire's moderate costs make refinancing attractive when rates drop 0.75%-1.0%.

Get quote: See rates here.

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About the Author: Bill McCoy, licensed mortgage broker, 15 years experience.