Looking for a home loan can be pretty intimidating for a first time buyer, first time home loans come in many different packages. The Maine State Housing First Time Buyer Loan is just one of many.
Did you know, with a Maine State Housing Loan you can:
Purchase a permanently secured mobile home or double wide up to 20 years old, often difficult to finance with other loans.
Purchase an income property, so long as YOU the owner live there. Imagine having your mortgage paid by someone else!
Purchase a NEW or existing home!
You can get up to $2,000 assistance with closing costs though the “Advantage” program by taking a home buyers class.
Money for home improvements can be added into your initial mortgage!! You may find your dream home is in need of a new roof or furnace… or perhaps you just want to change those drafty windows and fix the deck.
Sound like the loan for you? The following local banks offer this type of loan, contact the branch nearest you to see if you qualify!
Machias Savings Bank – www.machiassavings.com
Bangor Savings Bank – www.bangor.com
The First N.A. – www.thefirst.com
The Bank of Maine – www.thebankofmaine.com