MaineHousing even offers First Home loan mortgage loans by way of good statewide community away from finance companies, borrowing from the bank unions and home loan businesses

Program Summary

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MaineHousing’s First Home loan System makes it easier and more affordable to buy a house of your own by giving lowest fixed rate of interest mortgages. You’ll find solutions with little to no or no down-payment required, of course, if you nonetheless still need assistance with the cash to own closure costs, we also offer an advance payment and closing cost guidance solution named Advantage.

Very little down-payment – When a MaineHousing financial was in addition to an authorities guaranty (FHA/RD/ VA) otherwise which have an excellent MaineHousing recognized private financial insurance company, little or no deposit is necessary.

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MaineHousing is now giving a personal financial insurance pilot system that have Arch MI for example Device Single Members of the family attributes and acknowledged Condos found in the urban centers from Bangor, Lewiston, Auburn, Westbrook, Portland otherwise South Portland simply. Continua a leggere

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