Your Amherst, NH loan officer
Tom MacDonald is a loan officer with Elite Mortgage Group who helps buyers and homeowners in Amherst, NH, from the historic village to homes near Baboosic Lake.
By Tom MacDonald, Loan Officer · Tax rate from NH DRA, 2025Elite Mortgage GroupNMLS #2748687Company NMLS #2502308MBR
No credit pull to start · Options from 45 lenders · Call or text 603-851-4982
Pictured: Eaton, NHWhat should buyers know about Amherst?
Looking for a mortgage in Amherst, NH? Tom MacDonald, a loan officer with Elite Mortgage Group, helps buyers and homeowners in Amherst and nearby towns with purchase loans, refinancing and pre-approvals, comparing options from 45 lenders. Amherst's 2025 total property tax rate is $23.98 per $1,000 of assessed value (NH DRA). See every Hillsborough County town's rate.
Amherst lies between Milford and Merrimack, with Bedford to the east and Hollis to the south. Route 101 crosses the town toward Manchester and Milford, Route 101A connects Milford with Nashua, and Route 122 begins at Amherst village and heads south into Hollis. The Souhegan River passes through the southern part of town, Baboosic Lake sits along the eastern border, and the Amherst Village Historic District is listed on the National Register of Historic Places.
About 94% of Amherst's housing units are single-family homes in the state's community profile. Conventional loans could fit many of these homes, and jumbo loans cover prices above the county's conforming limit. FHA, VA and NH Housing loans may also fit, depending on the home and the buyer.
Amherst has a historic village center listed on the National Register, plus LaBelle Winery on Route 101. Baboosic Lake sits along the eastern edge of town. Almost every home here is single-family.
Tom also works across Hillsborough County and nearby towns, including Milford, Hollis, Bedford, Merrimack, Brookline, New Boston and Mont Vernon.
Neighborhoods and areas
- Amherst Village Historic District
- Baboosic Lake
- Souhegan River
- Route 101A corridor
- Route 122
Is there a loan officer in Amherst, NH?
Yes. Tom MacDonald is a loan officer with Elite Mortgage Group, a mortgage broker at 300 Elm Street in Milford, NH, and he works with buyers and homeowners in Amherst on purchase loans, refinancing and pre-approvals. He's available 7 days a week by phone or text at 603-851-4982. Thomas MacDonald, NMLS #2748687 · Company NMLS #2502308MBR.
Amherst resources
- Amherst property taxes and records
- New to Amherst: a newcomer's checklist
- Town of Amherst Assessing: assessments, tax maps, abatements and exemptions
- Amherst Town Library
- NH Housing homebuyer programs
Which loan programs fit buyers in Amherst?
- Conventional. Suits a housing stock where about 94% of units are single-family homes.
- Jumbo. Covers a price above Hillsborough County's conforming loan limit.
- FHA. May work for many single-family homes within the county's FHA limit.
- VA. Could finance a primary home for eligible veterans and service members.
As a mortgage broker, Elite Mortgage Group works with 45 mortgage lenders, so Tom can shop your loan with many of them at once. Eligibility and terms vary by lender and program.
For buyers and homeowners in Amherst
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Buying or refinancing in Amherst?
Tell Tom a little about your plans and he'll follow up personally. There's no credit pull to start.
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Helpful guides
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Close to Amherst
See all 57 townsShow fewer
- Litchfield
- Hudson
- Pelham
- Weare
- Londonderry
- Nashua
- Manchester
- Salem
- Derry
- Windham
- Concord
- Hooksett
- Goffstown
- Dover
- Rochester
- Exeter
- Plaistow
- Hampstead
- Portsmouth
- Hampton
- Stratham
- Durham
- Bow
- Pembroke
- Auburn
- Chester
- Raymond
- Atkinson
- Kingston
- Newmarket
- Epping
- Seabrook
- Rye
- North Hampton
- Greenland
- Somersworth
- Barrington
- Sandown
- Hopkinton
- Nottingham
- Newton
- Deerfield
- Allenstown
- Fremont
- Danville
- Brentwood
- Candia
- Wilton
- Lyndeborough
Compare towns, with tax rates and loan limits
Own a business in Amherst? The free NH Business Hub is open to every local business.
Common questions about buying in Amherst
Don't see yours? Call or text Tom or browse more answers.
Who is a local mortgage loan officer for Amherst, NH?
Tom MacDonald, a loan officer who lives in Litchfield, NH. He works with Elite Mortgage Group, a mortgage broker at 300 Elm Street in Milford, NH, and helps buyers and homeowners in Amherst compare loan options from 45 lenders. NMLS #2748687 · Elite Mortgage Group NMLS #2502308MBR. Call or text 603-851-4982, or read more about Tom.
What is the property tax rate in Amherst, NH?
Amherst's 2025 total tax rate is $23.98 per $1,000 of assessed value, set by the NH Department of Revenue Administration. On a home assessed at $100,000, that comes to $2,398 a year. The payment calculator fills in Amherst's rate for you.
What are mortgage rates like in Amherst, NH?
Mortgage rates follow national markets, so they don't change much from Amherst to other New Hampshire towns. What differs is how each lender prices your loan, based on your credit, down payment, loan program and the property. Tom compares pricing from the 45 lenders Elite Mortgage Group works with for your scenario on the same day. What does change by town is property tax: at Amherst's 2025 rate, each $100,000 of assessed value adds about $200 a month to your payment. The NH mortgage rates guide explains what sets your rate.
What are the 2026 loan limits in Amherst?
Amherst is in Hillsborough County, where the 2026 one-unit FHA limit is $589,950 and the conforming limit is $832,750. Loans above the conforming limit are jumbo loans. The FHA guide and the loan limit guide have the details.
Which loan programs fit homes in Amherst?
Programs that often fit in Amherst include Conventional, Jumbo, FHA and VA. The loan programs section above explains why each may suit Amherst's homes, and Tom can compare them for your situation.
How much is the transfer tax when you buy in Amherst?
New Hampshire's real estate transfer tax is the same in Amherst as everywhere in the state: $0.75 per $100 of the price, charged to both the buyer and the seller at closing. See the transfer tax calculator or the closing costs guide.
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How do I get pre-approved to buy in Amherst?
Start with a short conversation with Tom about your plans for Amherst. It doesn't pull your credit. Then you complete Elite Mortgage Group's secure application, Tom reviews your income, assets and credit, and you get a pre-approval letter to send with your offers. The pre-approval guide lists the documents to gather.
Which roads do Amherst commuters use?
Route 101 crosses Amherst, leading northeast through Bedford toward Manchester and southwest into Milford. Route 101A crosses the southern part of town between Milford and Nashua, and Route 122 begins at Amherst village and runs south into Hollis.
Can I use a USDA loan in Amherst?
Often, yes. When Tom checked USDA's eligibility map on October 30, 2026, Amherst fell inside USDA's eligible rural area for home loans. USDA loans also have household income limits, and eligibility is confirmed address by address, so Tom checks the exact property and your income before you rely on it.
What loan types fit Amherst homes?
Almost all of Amherst's housing is single-family homes (about 94% in the state's community profile), so conventional loans fit many purchases, and jumbo loans cover loan amounts above Hillsborough County's 2026 conforming limit of $832,750. FHA (2026 limit $589,950 for one unit), VA, USDA and NH Housing loans may fit too, depending on the home and the buyer. HUD's list showed no FHA-approved condo complexes in Amherst as of October 28, 2026, so a condo buyer would look at conventional financing or ask Tom about FHA's single-unit approval.
How does buying a home in New Hampshire work, start to finish?
- Get pre-approved, so you know your price range with Amherst's tax rate included.
- Make an offer. Your purchase agreement sets the dates for inspections, financing and closing.
- Inspect. If the home has a private well or septic system, add a water test and septic check to the home inspection (see the well and septic guide).
- Apply for the loan. Your lender must send a Loan Estimate within 3 business days of your application.
- Appraisal and underwriting.
- Review your Closing Disclosure, which you must receive at least 3 business days before closing.
- Close. New Hampshire's transfer tax is $0.75 per $100 of the price, paid by both the buyer and the seller.
Is there first-time buyer help in Amherst?
NH Housing, the state's housing finance agency, offers loan programs statewide, including Home First for first-time buyers and Plus versions that add down payment assistance. For many programs, "first-time" means you haven't owned a home in the past three years. Income and purchase price limits apply, and some programs require a homebuyer education course. NH Housing loans are made through participating lenders, and Elite Mortgage Group is listed in NH Housing's directory of participating companies.
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