Mortgages in Chester, NH
Tom helps Chester buyers and homeowners, from the historic town center to the newer neighborhoods off the main roads.
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 Chester?
Looking for a mortgage in Chester, NH? Tom MacDonald, a loan officer with Elite Mortgage Group, helps buyers and homeowners in Chester and nearby towns with purchase loans, refinancing and pre-approvals, comparing options from 45 lenders. Chester's 2025 total property tax rate is $16.90 per $1,000 of assessed value (NH DRA). See every Rockingham County town's rate.
Chester is a mostly rural Rockingham County town between Derry and Raymond, with several newer housing communities being built. Chester Academy is the town's public school for kindergarten through grade 8, and high school students attend Pinkerton Academy in Derry as a sending town.
Most homes in Chester are owner-occupied single-family houses: the state's community profile counts 1,804 single-family units out of 1,911. Conventional loans fit many of these purchases, and FHA, VA and NH Housing loans are worth comparing, depending on the home and the buyer.
Chester has a historic town center and a mostly rural feel between Derry and Raymond, with some newer neighborhoods going up off Route 102.
Tom also works across Rockingham County and nearby towns, including Auburn, Derry, Raymond, Hampstead, Sandown, Fremont and Candia.
Neighborhoods and areas
- Chester town center
- Route 102 corridor
Which loan programs fit buyers in Chester?
- Conventional. Suits the owner-occupied single-family homes that make up most of the town.
- FHA. May work for many single-family homes, with flexible credit guidelines.
- VA. Could finance a primary home for eligible veterans and service members.
- NH Housing. May fit a primary home purchase, depending on the buyer and the program's rules.
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 Chester
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Buying or refinancing in Chester?
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
Close to Chester
See all 57 townsShow fewer
- Litchfield
- Hudson
- Merrimack
- Amherst
- Hollis
- Pelham
- Weare
- Londonderry
- Nashua
- Manchester
- Salem
- Windham
- Bedford
- Concord
- Milford
- Hooksett
- Goffstown
- Dover
- Rochester
- Exeter
- Plaistow
- Portsmouth
- Hampton
- Stratham
- Durham
- Bow
- Pembroke
- Atkinson
- Kingston
- Brookline
- New Boston
- Newmarket
- Epping
- Seabrook
- Rye
- North Hampton
- Greenland
- Somersworth
- Barrington
- Hopkinton
- Nottingham
- Newton
- Deerfield
- Allenstown
- Danville
- Brentwood
- Wilton
- Mont Vernon
- Lyndeborough
Compare towns, with tax rates and loan limits
Own a business in Chester? The free NH Business Hub is open to every local business.
Common questions about buying in Chester
Don't see yours? Call or text Tom or browse more answers.
Who is a local mortgage loan officer for Chester, 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 Chester 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 Chester, NH?
Chester's 2025 total tax rate is $16.90 per $1,000 of assessed value, set by the NH Department of Revenue Administration. On a home assessed at $100,000, that comes to $1,690 a year. The payment calculator fills in Chester's rate for you.
What are mortgage rates like in Chester, NH?
Mortgage rates follow national markets, so they don't change much from Chester 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 Chester's 2025 rate, each $100,000 of assessed value adds about $141 a month to your payment. The NH mortgage rates guide explains what sets your rate.
Why might a Chester tax bill differ from the price times the rate?
Your bill is figured on the assessed value, not the price you pay. In 2025, Chester's assessments ran at about 89.5% of market value (equalization ratio, per Town of Chester), so check the town's property card for any home you're considering. The NH property tax guide explains how assessments work.
What are the 2026 loan limits in Chester?
Chester is in Rockingham County, where the 2026 one-unit FHA limit is $962,550 and the conforming limit is $962,550. 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 Chester?
Programs that often fit in Chester include Conventional, FHA, VA and NH Housing. The loan programs section above explains why each may suit Chester's homes, and Tom can compare them for your situation.
How much is the transfer tax when you buy in Chester?
New Hampshire's real estate transfer tax is the same in Chester 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.
How do I get pre-approved to buy in Chester?
Start with a short conversation with Tom about your plans for Chester. 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.
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