Mortgage Broker In New Hampshire

Yes. NextGen Mortgage, Inc. operates under New Hampshire Mortgage Broker License #1621958MBRR and NMLS #1621958.

Our New Hampshire office is at 20 Trafalgar Square, Ste 304, Nashua, NH 03063, reachable at +1 (877) 411-0123 and open 9am to 6pm Monday through Friday and 9am to 2pm Saturday. Founder and CEO Mike Gill Jr. holds NMLS #327540. We serve borrowers statewide.

A broker takes your application once and shops it across multiple wholesale lenders, rather than offering a single institution's products.

The broker compares program guidelines, pricing and documentation requirements, recommends a structure that fits your situation, and coordinates underwriting through closing. Mortgage brokers in New Hampshire must be licensed by the state's Banking Department.

Conventional, FHA, VA, USDA and jumbo financing, plus specialty programs.

Specialty options include manufactured and mobile home loans, DSCR investment loans, bank statement loans for self-employed borrowers and other non-QM programs. Which you qualify for depends on credit, income documentation, down payment, occupancy and the property itself.

Yes. New Hampshire Housing offers several programs for eligible buyers.

These include down payment and closing cost assistance of up to $15,000, the Home Preferred low-down-payment conventional option with reduced mortgage insurance, 1stGenHomeNH for qualifying first-generation buyers, and Purchase Rehab financing. Each carries income, purchase price and property eligibility limits, so qualification is determined case by case.

It depends on the program, not on one universal percentage.

VA and USDA loans may allow zero down for eligible borrowers, FHA typically starts at 3.5%, and some conventional programs start at 3% for qualifying first-time buyers. Jumbo and investment loans usually require substantially more. New Hampshire assistance programs can also reduce what you bring to closing.

Often, yes — if the property meets program requirements.

Manufactured and mobile home financing in New Hampshire is available through several loan types, but the home typically needs a permanent foundation, HUD certification, minimum size and real-property classification. Homes in cooperative or leased-land parks have different options. We confirm what a specific property qualifies for before you make an offer.

Yes. DSCR loans qualify NH investment properties on rental income rather than personal tax returns.

The property's income is measured against its debt service, which makes these common for single-family rentals and small multifamily. Minimum coverage ratios, terms and down payment requirements vary by lender — which is exactly where comparing several helps.

Yes, and in this market you should.

With 2.7 months of supply statewide, sellers in Manchester, Nashua and the Seacoast frequently see multiple offers. A pre-approval reviewed by a loan officer — not an automated estimate — tells you your realistic price range and signals to listing agents that your financing is solid.

Yes. NextGen is licensed statewide and works with borrowers anywhere in New Hampshire.

We maintain dedicated local resources for our busiest markets: Manchester, Nashua, Concord, Portsmouth, Rockingham County and Hillsborough County.

Neither is automatically cheaper — it depends on the file.

A bank offers its own products and may price competitively for straightforward borrowers, particularly existing customers. A broker compares several wholesale lenders at once, which tends to matter most when a file is less conventional: self-employed income, manufactured housing, investment property, or credit history that needs a specific lender's guidelines. Compare actual loan estimates before deciding.