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Hollis, NH

The Best Mortgage Lenders in Hollis, NH

Compare verified mortgage lenders serving Hollis, New Hampshire. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.

3
Top Lenders
4.8
Avg Rating
650+
Reviews
9
Loan Types

Available Loan Programs in Hollis

Conventional
FHA
VA
USDA
Jumbo
Construction
Refinance
First-time Homebuyer
ARM

Featured Mortgage Lenders

1

Mortgage Department

Merrimack County Savings Bank

★★★★☆
4.8/5

As one of New Hampshire's oldest and most trusted community banks, Merrimack County Savings Bank has deep roots in southern New Hampshire and specifically serves the Hollis area. They consistently receive exceptional ratings for their personalized service, local underwriting, and competitive rates. Their mortgage team provides dedicated one-on-one guidance through the entire home financing process, with particular expertise in New Hampshire's unique housing market. The bank is known for its strong community commitment and decision-making that happens locally rather than at a distant corporate headquarters.

Experience:154 years
Reviews:150 customer reviews
33 West Pearl Street, Nashua, NH 03060

Loan Types:

ConventionalFHAVAUSDAJumboConstructionRefinance
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2

Mortgage Team

Total Mortgage Services

★★★★☆
4.9/5

Total Mortgage Services has built an outstanding reputation throughout southern New Hampshire with their Milford branch conveniently serving the Hollis community. They're particularly noted for their competitive rates, efficient processing, and exceptional customer service. The local team has extensive experience with New Hampshire properties and provides personalized guidance through every step of the mortgage process. Their strong digital platform combined with local expertise makes them a top choice for both purchase and refinance transactions in the area.

Experience:23 years
Reviews:300 customer reviews
194 Daniel Webster Highway, Milford, NH 03055

Loan Types:

ConventionalFHAVAJumboRefinanceFirst-time Homebuyer
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3

Local Branch

New American Funding

★★★★☆
4.7/5

New American Funding has established a strong presence in southern New Hampshire with their Manchester office actively serving Hollis residents. They're particularly recognized for their diverse loan programs and commitment to serving all credit profiles. The company receives high marks for their responsive communication and ability to close loans quickly. Their local loan officers have extensive knowledge of the New Hampshire market and provide tailored solutions for each borrower's unique situation, making them especially popular with first-time homebuyers and those with non-traditional credit histories.

Experience:17 years
Reviews:200 customer reviews
1155 Elm Street, Manchester, NH 03101

Loan Types:

ConventionalFHAVAUSDAJumboARMRefinance
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Frequently Asked Questions

Common questions about mortgage lending in Hollis, NH

Are there any first-time homebuyer programs specifically for Hollis, NH residents?

While Hollis itself does not offer a municipal program, New Hampshire Housing Finance Authority (NHHFA) provides statewide programs accessible to Hollis buyers. These include competitive interest rates, down payment assistance, and education courses. Given Hollis's higher-than-average home prices, these programs can be crucial for qualifying buyers to enter the market.

How do property taxes in Hollis impact my mortgage qualification and monthly payment?

Hollis has a property tax rate of approximately $22.00 per $1,000 of assessed value (as of 2023), which is a significant factor. Lenders will include this estimated monthly tax escrow in your debt-to-income ratio calculation. A higher assessed value on a Hollis property means a larger monthly tax payment, which can affect how much home you can qualify for compared to other towns.

What are typical down payment expectations for a mortgage in Hollis's competitive market?

Due to Hollis's desirable rural character and strong school system, the market is competitive with median home values well above state averages. To make a strong offer, buyers often need a down payment of 10-20% or more. While some loan programs allow for less, a larger down payment improves your offer's attractiveness and helps avoid private mortgage insurance (PMI).

Are USDA Rural Development loans available for homes in Hollis, NH?

Yes, surprisingly, much of Hollis is eligible for USDA Rural Development loans, which offer 100% financing with no down payment. This is a major advantage for eligible buyers looking at Hollis's more rural properties. You should check the USDA eligibility map for the specific property address, as some more central areas may not qualify.

How does the prevalence of older homes and wells/septic systems in Hollis affect the mortgage process?

Many Hollis homes are older and rely on private wells and septic systems. Lenders will typically require a water quality test and a septic inspection as a condition for mortgage approval. Any issues found must often be repaired prior to closing, so it's wise to budget for these specialized inspections and potential repairs during your home search.

Mortgage Insights

Finding Your Perfect Fit: Why Local Mortgage Lenders in Hollis, NH Make All the Difference

If you're searching for "local mortgage lenders near me" in Hollis, you're already on the right track. In a town known for its pastoral landscapes, excellent schools, and strong sense of community, choosing a local mortgage expert isn't just convenient—it's a strategic move that can give you a significant edge in our unique housing market.

Hollis presents a specific set of opportunities and challenges for buyers. The market here is competitive, with a desirable mix of historic colonials, modern builds, and expansive properties. A local lender understands this inventory intimately. They can quickly assess the value of a property with land versus one in the village center, and they know which appraisers are most familiar with Hollis's specific character. This local knowledge is invaluable when you need a fast, accurate pre-approval letter to show a seller you're a serious and well-qualified contender.

Beyond market savvy, local lenders in New Hampshire have expertise with programs that can specifically benefit Hollis homebuyers. For instance, they can guide you through the New Hampshire Housing Finance Authority (NHHFA) programs, which offer competitive rates, down payment assistance, and special options for first-time homebuyers. They'll also understand the nuances of properties with wells and septic systems, which are common in Hollis, ensuring your loan process accounts for necessary inspections without hiccups.

So, how do you turn this insight into action? Start by looking beyond the big national banks. Seek out community banks, credit unions, and established local mortgage companies with physical offices in Southern New Hampshire. Schedule consultations with two or three. Ask them pointed questions: "How many loans have you closed in Hollis in the last year?" "Can you walk me through how a NHHFA loan might work for my situation?" "What’s your typical turnaround time for an appraisal in this area?" Their answers will reveal their local fluency.

A true local partner will also have a network of trusted professionals—real estate agents, home inspectors, and attorneys who specialize in New Hampshire transactions. This connected ecosystem can streamline your entire purchase, turning a complex process into a coordinated local effort.

In the end, your mortgage is more than just a loan; it's the key to your place in this wonderful community. By choosing a lender who knows Hollis's backroads as well as its borrowing landscape, you're not just getting a rate—you're gaining a knowledgeable guide for one of life's biggest financial decisions. Start your search locally, and you’ll be one step closer to calling Hollis home.

Nearby Cities

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Why Choose a Mortgage Lender in Hollis?

Local Market Knowledge

Lenders who understand Hollis's housing market can offer better guidance and competitive rates.

Multiple Loan Options

Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.

Proven Track Record

Work with lenders who have years of experience and hundreds of satisfied customers in New Hampshire.

Ready to Find Your Perfect Mortgage Lender?

Connect with top-rated mortgage professionals in Hollis and get competitive rates on your home loan.