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  • Payment protection for unemployment - Eligible MaineHousing borrowers who lose their jobs can defer 4 payments until the end of the loan term, with no interest and no penalty.
  • Little or no downpayment - When a MaineHousing mortgage is combined with FHA, RD, or VA mortgage insurance, little or no down payment is required.
  • Advantage Down Payment and Closing Cost Assistance - for a 0.25% add-on to the 0 point rate option, Advantage can provide $2,000 toward the cash needed for closing.
  • Financing for Home Improvements - Up to $35,000 in home improvements can be included in the loan amount under the Purchase Plus Improvement option.
  • Your mortgage stays with us - MaineHousing doesn't sell its mortgages to investors – we are the investor. Your mortgage will be serviced by a company we choose and oversee.
Most Maine homebuyers are income eligible for a MaineHousing mortgage.
Some restrictions apply. 



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