Top Mortgage Lenders in the Berlin, NH area

Which mortgage lender in the Berlin, NH area typically has the best rates? To help you narrow down where to shop for a mortgage, we provide a data driven ranking of mortgage lenders in the Berlin, NH area by interest rate and market share. We use data on all fixed rate mortgages that were closed in the past year to generate our rankings. We do not receive any compensation from lenders and strive to provide the most objective and authoritative ranking possible.

Based on our data, the cheapest overall lender in the Berlin, NH area is Vermont State Employees Credit Union, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.08%. This means that Vermont State Employees Credit Union provided a -0.08% lower interest rate for its customers than other lenders in Berlin, NH for a similar set of borrowers. Vermont State Employees Credit Union has a market share of 7.2%. On the other hand, the most popular lender in the market is Quicken Loans, with a market share of 25.8%. Quicken Loans is an average rate lender in this area, with a “Rate Difference” of +0.03% relative to those of other lenders.

Our detailed rankings of the mortgage lenders for the Berlin, NH area is shown in the table below. In the table, we also give our assessment of whether they are, on average, a cheap/expensive lender through a star rating system. You can choose to tailor our ranking table to a specific mortgage type (Conventional/Jumbo/FHA/VA) and purpose (purchase/refinance) through the drop-down menu. For example, the cheapest lender for Conventional mortgages in Berlin, NH is Vermont State Employees Credit Union. If you want to take out a loan that is above conforming limits (for example, above $510,400 in 2020), the cheapest Jumbo mortgage provider is NorthCountry Federal Credit Union. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Union Bank. The cheapest VA mortgage provider is Union Bank. To get the lowest rate for your mortgage, we would suggest shopping and negotiating among several of our top ranked lenders by “Rate Rank” for your desired mortgage type and purpose.

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Vermont State Employees Credit Union 1, -0.08% 7.23%
Northeast Home Loan 2, -0.07% 12.06%
Union Bank 3, -0.05% 24.11%
Usaa Federal Savings Bank 4, -0.01% 4.96%
Northway Bank 5, 0.01% 6.95%
Fairway Independent Mort Corp 6, 0.02% 7.23%
Quicken Loans 7, 0.03% 25.82%
NorthCountry Federal Credit Union 8, 0.16% 11.63%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Vermont State Employees Credit Union 1, -0.08% 4.34%
Union Bank 2, -0.05% 27.77%
Northeast Home Loan 3, -0.04% 11.71%
Usaa Federal Savings Bank 4, -0.01% 6.51%
Northway Bank 5, 0.01% 9.98%
Quicken Loans 6, 0.01% 20.39%
Fairway Independent Mort Corp 7, 0.02% 9.98%
NorthCountry Federal Credit Union 8, 0.19% 9.33%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Northeast Home Loan 1, -0.11% 12.70%
Vermont State Employees Credit Union 2, -0.09% 12.70%
Union Bank 3, -0.07% 17.21%
Usaa Federal Savings Bank 4, -0.03% 2.05%
Northway Bank 5, -0.02% 1.23%
Fairway Independent Mort Corp 6, -0.01% 2.05%
Quicken Loans 7, 0.05% 36.07%
NorthCountry Federal Credit Union 8, 0.13% 15.98%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Vermont State Employees Credit Union 1, -0.09% 8.69%
Northeast Home Loan 2, -0.07% 14.48%
Union Bank 3, -0.05% 26.24%
Fairway Independent Mort Corp 4, -0.02% 4.94%
Northway Bank 5, 0.01% 8.35%
Usaa Federal Savings Bank 6, 0.01% 3.41%
Quicken Loans 7, 0.05% 20.10%
NorthCountry Federal Credit Union 8, 0.16% 13.80%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Vermont State Employees Credit Union 1, -0.08% 5.41%
Union Bank 2, -0.04% 30.54%
Northeast Home Loan 3, -0.04% 14.59%
Fairway Independent Mort Corp 4, -0.02% 6.76%
Northway Bank 5, 0.00% 12.43%
Usaa Federal Savings Bank 6, 0.01% 4.86%
Quicken Loans 7, 0.02% 14.05%
NorthCountry Federal Credit Union 8, 0.19% 11.35%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Northeast Home Loan 1, -0.12% 14.29%
Vermont State Employees Credit Union 2, -0.09% 14.29%
Union Bank 3, -0.08% 18.89%
Usaa Federal Savings Bank 4, -0.03% 0.92%
Fairway Independent Mort Corp 5, -0.02% 1.84%
Northway Bank 6, -0.02% 1.38%
Quicken Loans 7, 0.08% 30.41%
NorthCountry Federal Credit Union 8, 0.12% 17.97%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Union Bank 1, -0.11% 13.70%
Quicken Loans 2, -0.00% 64.38%
Fairway Independent Mort Corp 3, 0.07% 21.92%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Union Bank 1, -0.11% 16.39%
Quicken Loans 2, 0.00% 59.02%
Fairway Independent Mort Corp 3, 0.07% 24.59%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, -0.00% 91.67%
Fairway Independent Mort Corp 2, 0.05% 8.33%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
NorthCountry Federal Credit Union 1, 0.00% 100.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
NorthCountry Federal Credit Union 1, 0.00% 100.00%
Insufficient data available.
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Union Bank 1, -0.03% 13.64%
Usaa Federal Savings Bank 2, -0.01% 34.09%
Quicken Loans 3, -0.00% 38.64%
Fairway Independent Mort Corp 4, 0.07% 13.64%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Union Bank 1, -0.04% 17.24%
Usaa Federal Savings Bank 2, -0.01% 41.38%
Quicken Loans 3, 0.00% 20.69%
Fairway Independent Mort Corp 4, 0.06% 20.69%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Usaa Federal Savings Bank 1, -0.01% 20.00%
Union Bank 2, -0.00% 6.67%
Quicken Loans 3, 0.00% 73.33%

* Data is compiled for the Berlin, NH commuting zone area, which comprises of counties of Coos County, NH, Caledonia County, VT, Essex County, VT, and Orleans County, VT. This includes cities/towns/communities of Berlin, NH as well as St. Johnsbury, VT, Lyndonville, VT, North Troy, VT, Lowell, VT, Newport, VT, Whitefield, NH, West Burke, VT, Groveton, NH, West Stewartstown, NH, Danville, VT, Barnet, VT, Gorham, NH, Lancaster, NH, Coventry, VT, Colebrook, NH, Derby Line, VT, Orleans, VT, Concord, VT, Derby Center, VT, Groton, VT, Hardwick, VT, Canaan, VT, Glover, VT, and Island Pond, VT. Lenders must have made at least 30 loans in the area to be included. Source for the data comes from Federal Financial Institutions Examination Council (FFIEC). Rate Difference (the average difference of interest rates relative to those of other lenders) were computed by subtracting the rate at origination from the average predicted rate based on the MSA, borrower LTV, DTI, Loan Amount, Loan Type, and Loan Purpose, and then regularized based on a Bayesian approach to account for smaller sample sizes. Above-average mortgage closing costs were then added to the rate difference at a rate of +0.15/point. Star ratings were determined in intervals of 0.10% in rate difference per half star.

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