Your Pelham, NH loan officer
Tom MacDonald is a loan officer with Elite Mortgage Group who helps buyers and homeowners in Pelham, NH, New Hampshire's southernmost town, from Route 38 to North Pelham.
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: Hancock, NHWhat should buyers know about Pelham?
Looking for a mortgage in Pelham, NH? Tom MacDonald, a loan officer with Elite Mortgage Group, helps buyers and homeowners in Pelham and nearby towns with purchase loans, refinancing and pre-approvals, comparing options from 45 lenders. Pelham's 2025 total property tax rate is $19.09 per $1,000 of assessed value (NH DRA). See every Hillsborough County town's rate.
Pelham is New Hampshire's southernmost town, bordering Dracut, Tyngsborough and Methuen in Massachusetts. Route 38 carries much of the town's commerce, and Route 128 (Mammoth Road) and Route 111A cross the town too. Interstate 93 is about 6 miles from the town center in neighboring Salem. Beaver Brook drains nearly all of Pelham on its way to the Merrimack River, and Muldoon Park has walking trails, ball fields and a disc golf course.
About 90% of Pelham's housing units are single-family homes in the state's community profile. Conventional, FHA, VA and NH Housing loans could fit many of these homes. Buyers moving from Massachusetts can compare the two states' income and property taxes before they decide.
FHA-approved condos: HUD lists 3 approved condo complexes in Pelham (October 2026). See the list.
Pelham is New Hampshire's southernmost town, and Muldoon Park has trails, ball fields and a disc golf course. Most of the shops and businesses are along Route 38. It's an easy move for buyers coming up from Dracut, Tyngsborough or Methuen.
Tom also works across Hillsborough County and nearby towns, including Hudson, Salem and Windham.
Neighborhoods and areas
- Pelham center
- North Pelham
- Route 38 corridor
- Beaver Brook
- Muldoon Park
Is there a loan officer in Pelham, 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 Pelham 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.
Pelham resources
Which loan programs fit buyers in Pelham?
- Conventional. Suits a housing stock where about 90% of units are single-family homes.
- FHA. May work for many single-family homes.
- 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 Pelham
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Buying or refinancing in Pelham?
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 Pelham
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- Litchfield
- Merrimack
- Amherst
- Hollis
- Weare
- Londonderry
- Nashua
- Manchester
- Derry
- Bedford
- Concord
- Milford
- Hooksett
- Goffstown
- Dover
- Rochester
- Exeter
- Plaistow
- Hampstead
- Portsmouth
- Hampton
- Stratham
- Durham
- Bow
- Pembroke
- Auburn
- Chester
- Raymond
- Atkinson
- Kingston
- Brookline
- New Boston
- Newmarket
- Epping
- Seabrook
- Rye
- North Hampton
- Greenland
- Somersworth
- Barrington
- Sandown
- Hopkinton
- Nottingham
- Newton
- Deerfield
- Allenstown
- Fremont
- Danville
- Brentwood
- Candia
- Wilton
- Mont Vernon
- Lyndeborough
Compare towns, with tax rates and loan limits
Own a business in Pelham? The free NH Business Hub is open to every local business.
Common questions about buying in Pelham
Don't see yours? Call or text Tom or browse more answers.
Who is a local mortgage loan officer for Pelham, 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 Pelham 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 Pelham, NH?
Pelham's 2025 total tax rate is $19.09 per $1,000 of assessed value, set by the NH Department of Revenue Administration. On a home assessed at $100,000, that comes to $1,909 a year. The payment calculator fills in Pelham's rate for you.
What are mortgage rates like in Pelham, NH?
Mortgage rates follow national markets, so they don't change much from Pelham 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 Pelham's 2025 rate, each $100,000 of assessed value adds about $159 a month to your payment. The NH mortgage rates guide explains what sets your rate.
What are the 2026 loan limits in Pelham?
Pelham 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 Pelham?
Programs that often fit in Pelham include Conventional, FHA, VA and NH Housing. The loan programs section above explains why each may suit Pelham's homes, and Tom can compare them for your situation.
How much is the transfer tax when you buy in Pelham?
New Hampshire's real estate transfer tax is the same in Pelham 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 Pelham?
Start with a short conversation with Tom about your plans for Pelham. 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.
Are there FHA-approved condos in Pelham, NH?
Yes. As of November 2, 2026, HUD lists 3 approved condo complexes in Pelham, including 28-30 Tallant Road Condo, 32 & 34 Tallant Road, 52 Hinds Lane. Approval covers the whole complex and expires, so Tom checks HUD's list again before you write an FHA offer. See FHA-approved condos by town.
Which roads do Pelham commuters use?
Route 38 runs from Dracut, Massachusetts, through Pelham's commercial center and on to Salem. Route 128 (Mammoth Road) runs north from Dracut, and Route 111A heads northeast into Windham. Interstate 93 is about 6 miles northeast of the town center in Salem, the US 3 freeway in Nashua is about 8 miles west, and I-495 is about 9 miles south on the far side of Lowell.
I'm moving from Massachusetts. What changes?
New Hampshire has no broad-based tax on wages, so moving your home from Massachusetts can change your take-home pay, but Massachusetts can still tax wages earned there. Property tax is the bigger line item on a NH payment, which is why Tom builds Pelham's rate into your pre-approval. The MA vs NH cost calculator compares the two for your situation.
Can I use a USDA loan in Pelham?
Often, yes. When Tom checked USDA's eligibility map on October 30, 2026, nearly all of Pelham 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 first.
What loan types fit Pelham homes?
About 90% of Pelham's housing units are single-family homes in the state's community profile. Conventional, FHA (2026 limit $589,950 for one unit), VA, USDA and NH Housing loans could fit many of them, with conventional loans up to $832,750 in Hillsborough County in 2026. HUD's list showed three FHA-approved condos in Pelham as of October 28, 2026, all two-unit condominiums on Tallant Road and Hinds Lane.
How does buying a home in New Hampshire work, start to finish?
- Get pre-approved, so you know your price range with Pelham'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.
- 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 Pelham?
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, so a buyer who sold a Massachusetts home more than three years ago may qualify. 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.
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