New Hampshire Jumbo Loans for High-Priced Homes

New Hampshire splits 2 ways. Rockingham and Strafford counties carry a 2026 one-unit conforming loan limit of $962,550 because they sit inside the higher-cost Boston market. The other 8 counties use the $832,750 baseline.

A mortgage above the limit for your county is a jumbo loan, which is why a Portsmouth purchase and a Hanover purchase at the same price can land in different categories.

Rye, New Castle, and Portsmouth fall under the higher Rockingham County limit, while Lake Winnipesaukee towns such as Wolfeboro, Moultonborough, and Meredith and southern markets such as Bedford use the baseline.

Homes priced above $1.5 million cluster in a few parts of the state. The Lakes Region accounts for a large share of them, led by Lake Winnipesaukee towns such as Moultonborough, Wolfeboro, Meredith, Alton, and Gilford, with Newfound Lake and Lake Sunapee close behind. The Seacoast follows, with Rye, New Castle, North Hampton, Hampton, and Greenland, and Bedford and Windham anchor the southern tier. Hanover, New London, and the White Mountain towns near Waterville Valley round out the list.

Lakefront, coastal, and suburban properties are underwritten differently, which is one reason buyers compare a mortgage broker against a single bank before choosing a lender.

Yes. Jumbo loans are available for second homes on Lake Winnipesaukee, Newfound Lake, and Lake Sunapee, including waterfront properties in Wolfeboro, Moultonborough, Meredith, and New London. Second homes usually call for a larger down payment and more reserves than a primary residence, and lenders look closely at seasonal access, private roads, and island or water-access lots.

How you plan to use the property also matters, since a second home and an investment property are priced and underwritten differently.

Most jumbo lenders look for 10% to 20% down on a primary residence in markets such as Bedford, Windham, and Portsmouth, with the lowest down payments reserved for the strongest credit and reserve profiles. Second homes on the lakes or the Seacoast usually require more.

Loan amounts are available up to $10 million, and reserves after closing matter as much as the down payment itself, a point covered in detail in how jumbo and Non-QM down payments work.

No. A 750 or higher score wins the best jumbo pricing, though borrowers below that threshold still get approved when something else in the file carries the weight, typically a larger down payment, substantial liquid reserves, or an asset depletion structure.

Yes. Non-QM loan programs including bank statement loans and asset depletion loans exist for exactly this situation. Bank statement programs qualify off 12 or 24 months of deposits, and asset depletion programs qualify off investment and retirement holdings, so New Hampshire practice owners and consultants are not stuck proving income through returns written to minimize it.

Business owners on the Seacoast and in the Lakes Region often find the larger approval with a lender that specializes in this income, and the differences are laid out in our comparison of the best mortgage lenders for self-employed mortgages.

Yes, in many cases. An asset depletion mortgage converts eligible brokerage, retirement, and savings balances into qualifying income, so retirees and high-net-worth buyers may be able to finance a lake house in Wolfeboro or a coastal home in Rye while the portfolio stays invested. Keeping appreciated securities in place is also one of the ways high-net-worth buyers avoid capital gains tax when buying a home.

Guidelines vary by lender, which is why we compare the best mortgage lenders for asset depletion loans on each file.

Base salary is the starting point, and many jumbo lenders also count bonus, commission, and vested RSU income with a documented history. Buyers moving from Massachusetts to Bedford, Windham, or the Seacoast may be able to qualify on an offer letter before the move is complete, a process described in how to buy a home when relocating for work.

Lenders differ on how bonus income is used to qualify, so the same file may support a larger loan with one lender than with another.

Yes. Many jumbo lenders allow title to be held in a revocable living trust, which is common for waterfront homes in Moultonborough, Meredith, and Rye that families intend to keep for generations. The lender reviews the trust documents and underwrites the borrowers behind the trust.

Irrevocable trusts are more limited, and the options are covered in how a trust can help you buy a house.

Single-family homes, condominiums, and townhomes all qualify. A Rye coastal home, a Portsmouth condominium, or a Wolfeboro lakefront property can each be financed with the right jumbo structure. Waterfront and seasonal properties draw closer appraisal scrutiny, so we line up the lender accordingly.

Jumbo pricing runs both above and below comparable conforming pricing depending on the week and the lender, because jumbo loans are priced by the institution holding them rather than by an agency. Comparing several lenders on one file is how you find where that pricing currently favors you.

Yes. In New Hampshire, a jumbo cash-out refinance is a common way to fund renovations, consolidate debt or diversify, because one new jumbo loan pays off the old mortgage and releases equity as cash. Most jumbo lenders serving New Hampshire cap cash-out near 80% of the appraised value on a primary residence, and the ceiling tends to fall as the loan amount rises. Veterans in New Hampshire should also compare a VA cash-out refinance and, for larger balances, a VA jumbo cash-out refinance, since VA financing can allow more equity out than a conventional jumbo loan.

Yes. Both rate-and-term and cash-out jumbo refinances in New Hampshire are available. A rate-and-term refinance can help you change your interest rate, loan term, or move out of an adjustable-rate mortgage, while a jumbo cash-out refinance can turn home equity into liquidity for another property, renovations, investments, or other financial goals.