Last Updated: 04/18/2025
New Hampshire FCU FHA 30 Year Fixed Mortgage
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Last Updated: 04/18/2025
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Highlights
Credit Score Range
Starting at 550
Amount Range
N/A
Loan Term (Years)
30
New Hampshire FCU FHA 30 Year Fixed Mortgage Review
New Hampshire FCU FHA 30 Year Fixed Mortgage is offered by New Hampshire Federal Credit Union (NMLS #440568), a credit union founded in 1941 and based in Concord, NH. New Hampshire FCU FHA 30 Year Fixed Mortgage are available in 50 states and Washington, DC.
Key Takeaways
- Only two mortgage programs offered. New Hampshire FCU FHA 30 Year Fixed Mortgage provides FHA FHA 203k and conventional mortgages.
- Financing for a variety of property types. Offers home loans for manufactured, single, and multi-family homes.
- Standard interest rates types. New Hampshire FCU FHA 30 Year Fixed Mortgage only offers fixed-rate mortgages.
- Investment and personal use properties considered. Financing available for primary homes, vacation homes, and even investment homes, such as rental properties.
- Charges a prepayment fee. This means you will be charged an additional fee if you repay the mortgage early.
- High maximum LTV ratio. New Hampshire FCU FHA 30 Year Fixed Mortgage has a maximum loan to value ratio of 96.5%, which is higher than average. Most lenders want you to have at least 20% equity.
- Poor credit accepted. Even if you have bad or poor credit, you can apply. Borrowers with a credit score as low as 550 are considered.
New Hampshire FCU FHA 30 Year Fixed Mortgage Pros & Cons
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New Hampshire FCU FHA 30 Year Fixed Mortgage FAQ
What is the maximum loan term you can get with New Hampshire FCU FHA 30 Year Fixed Mortgage?
New Hampshire FCU FHA 30 Year Fixed Mortgage offers mortgages with terms ranging from 30 to 30 years. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your loan, the more interest you will pay.
What mortgage rates does New Hampshire Federal Credit Union offer?
Mortgage rates change daily based on market conditions and vary significantly depending on the loan type and the length of the term. For instance, fixed rate mortgages will typically have a higher interest rate than mortgages with variable rates, and jumbo loans usually have higher mortgage rates than conforming conventional loans. Find the best interest rate available to you by getting quotes from three or more mortgage lenders before choosing a home loan.
Do they charge mortgage origination fees?
Yes, New Hampshire FCU FHA 30 Year Fixed Mortgage may charge a loan origination fee .
What mortgage programs are available?
Besides conventional mortgages, New Hampshire FCU FHA 30 Year Fixed Mortgage offers the following mortgage types:
- FHA loans: FHA loans are mortgages insured by the FHA. They offer competitive mortgage rates and have less stringent eligibility requirements. However, borrowers must pay a mortgage insurance premium. For instance, you can apply for an FHA loan with a credit score as low as 580. Co-applicants are allowed and you can qualify for a down payment as low as 3%.
- FHA 203k: An FHA mortgage you can also use to finance home improvements.
What property usage types does New Hampshire FCU FHA 30 Year Fixed Mortgage allow?
Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. New Hampshire FCU FHA 30 Year Fixed Mortgage allows the following property usage types:
- Primary home
- Secondary homes and vacation properties
- Investment properties and house flipping projects
What is the customer service phone number?
The customer service number for New Hampshire FCU FHA 30 Year Fixed Mortgage is (603) 224-7731.
What is the support contact email?
The support contact email for is myaccount@nhfcu.org.
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Hours of Operation
Sunday
Closed
Monday
9:00AM - 5:00PM
Tuesday
9:00AM - 5:00PM
Wednesday
9:00AM - 5:00PM
Thursday
9:00AM - 5:00PM
Friday
9:00AM - 5:00PM
Saturday
8:00AM - 12:00PM