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Maine First Time Homebuyer Resources

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Did you know Maine has a great first time home buyer program for qualifying parties.  With a current interest rate between 5.3 and 5.6%, the ability to receive a $4000 credit for closing costs by taking a weekend maine real estate home buying course, and needing only to put 3% of your own money down. Income limits to qualify are:

Income Limits

 Portland/
So. Portland MSA*
All Other Counties
1-2 person $65,350 $55,600
3 or more $75,150 $63,940

*includes Cumberland, Sagadahoc, and York Counties

Purchase price limits:

 Portland/
So. Portland MSA*
All Other Counties
1-unit $294,750 $204,432
2-unit $331,981 $261,701
3-unit $403,342 $316,327
4-unit $465,395 $393,120

*includes Cumberland, Sagadahoc, and York Counties

Sign up here for a Maine real estate first time homebuyer packet

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