Income & Purchase Price Limits

First Home Program and Operation New Home

Most Maine homebuyers are income eligible. See if you are too.   |    Most Maine homes are purchase price eligible. See if you are too. 



Income Limits

Income limits vary depending on how many people live in your household and on the county where you'd like to buy your home. Limits are subject to change. 
Effective Date: June 21st, 2015

Area Household Size
1-2 person 3 or more
Bangor HMFA
Bangor, Brewer, Eddington, Glenburn, Hampden, Hermon, Holden, Kenduskeag, Milford, Old Town, Orono, Orrington, Penobscot Indian Reservation, Veazie $61,800 $71,000
Portland HMFA
Buxton, Cape Elizabeth, Casco, Chebeague Island, Cumberland, Falmouth, Freeport, Frye Island, Gorham, Gray, Hollis, Limington, Long Island, North Yarmouth, Old Orchard Beach, Portland, Raymond, Scarborough, South Portland, Standish, Westbrook, Windham, Yarmouth $77,000 $88,500
York/Kittery/So. Berwick HMFA
Berwick, Eliot, Kittery, So. Berwick, York $84,200 $96,800
Other Areas
Cumberland County (excluding HMFA) $72,000 $83,000
Hancock County $63,800 $73,000
Kennebec County $61,800 $71,000
Knox $63,800 $73,000
Penobscot County (excluding HMFA) $62,200 $71,500
Sagadahoc County $71,500 $82,000
York County (excluding HMFA) $69,600 $80,000
All Other Counties $62,200 $71,500



Purchase Price Limits

New and existing single-family homes, owner-occupied two to four unit apartment buildings, and condominiums are all eligible. So are mobile homes located on owned land and built within the last 20 years. See the chart below to find out if the price of the house you want meets MaineHousing guidelines.

Purchase Price Limits establish maximum eligibility guidelines, not the price of the home you can afford. Your individual financial situation will determine the mortgage amount you can actually borrow. For more information, contact a MaineHousing Participating Lender. Purchase Price Limits are subject to change.

If you are using the Mobile Home Self-Insured Option, the Purchase Price Limit for a single-wide and double-wide mobile homes on owned or leased land is $150,000 for all areas.

Effective Date: June 21st, 2015

Area Household Size
1-Unit 2-Unit 3-Unit 4-Unit
Bangor HMFA
Bangor, Brewer, Eddington, Glenburn, Hampden,
Hermon, Holden, Kenduskeag, Milford, Old Town, Orono,
Orrington, Penobscot Indian Reservation, Veazie
$258,600 $331,100 $400,200 $497,400
Portland HMFA
Buxton, Cape Elizabeth, Casco, Chebeague Island, Cumberland, Falmouth, Freeport, Frye Island, Gorham, Gray, Hollis, Limington,
Long Island, North Yarmouth, Old Orchard Beach, Portland, Raymond, Scarborough, South Portland, Standish, Westbrook, Windham, Yarmouth
$288,600 $369,500 $446,600 $555,100
York/Kittery/So. Berwick HMFA
Berwick, Eliot, Kittery, So. Berwick, York $288,600 $369,500 $446,600 $555,100
Other Areas
Cumberland County (excluding HMFA) $288,600 $369,500 $446,600 $555,100
Hancock County $258,600 $331,100 $400,200 $497,400
Kennebec County $258,600 $331,100 $400,200 $497,400
Knox County $258,600
$331,100
$400,200 $497,400
Penobscot County (excluding HMFA) $258,600 $331,100 $400,200 $497,400
Sagadahoc County $288,600 $369,500
$446,600 $555,100
York County (excluding HMFA) $288,600 $369,500 $446,600 $555,100
All Other Counties $258,600 $331,100 $400,200 $497,400