Category: Maine

Advantage Down Payment and Closing Cost Assistance

Advantage Down Payment and Closing Cost Assistance┬áThe Advantage down payment and closing cost assistance is an option of the First Home Loan Program. It can provide $3,500 toward the cash you need for closing. Applicants choosing Advantage must take a hoMEworks-approved homebuyer education class prior to closing and must make a minimum borrower contribution of […]

First Home Loan Program

First Home Loan Program This Maine down payment program is for first time home buyers. The First Home Loan Program provides low fixed rate mortgages to people who have not owned homes in the last three years. No point and low point options are available. Although income limits apply, most Maine households are income-eligible for […]

Maine Down Payment Assistance Programs

There are various Maine down payment assistance programs which are meant to help residents with low and moderate incomes afford to buy homes. These programs are usually operated using federal and state funds but they are primarily administered by public agencies. Beneficiaries of these programs are segregated into different categories such as fresh graduates, first […]