FHA Home Loans in Maine

FHA loans have been helping Maine residents since 1934 

A Maine FHA Lender can offer you a better loan including:

  • Low down payments (if any)

  • Low closing costs

  • Easy credit qualifying

  • 48 hour Streamline Refinancing

How it works:

√   Determine the best type of FHA loan that best fits your needs

√   Complete an easy 2 minute form

√   An FHA Loan Specialist will respond within 1 business day.

√   Review with no obligations your loan approval and locked rate. 

           

             Free Online Application

  • As of January 1, 2013 , Borrowers can finance 96.5% of the purchase price and put down only 3.5 percent. In some instances, when combined with other types of loans, the down payment can be zero.

  • Allowable refinance up to 115% of your homes value.

  • Let us help roll your closing costs into your loan total.
 
9:00am Eastern
Product Interest Rate APR
Conforming 1and FHA Loans
30-Year Fixed 3.750% 3.925%
30-Year Fixed FHA 3.750% 4.827%
15-Year Fixed 3.000% 3.308%
5-Year ARM 2.250% 3.153%
5-Year ARM FHA 2.500% 3.089%
Larger Loan Amounts in Eligible Areas – Conforming and FHA.1
30-Year Fixed 3.875% 4.004%
30-Year Fixed FHA 3.750% 4.775%
5-Year ARM 2.500% 3.195%
Jumbo1 Loans – Amounts that exceed conforming loan limits1
30-Year Fixed 4.125% 4.256%
5-Year ARM 2.625% 3.328%

                         1Important Disclosures - View/ Print

 

Maine FHA Lending Limits

 

 
County Single Family 2 Units 3 Units 4 Units
ANDROSCOGGIN $200,160 $256,248 $309,744 $384,936
AROOSTOOK $200,160 $256,248 $309,744 $384,936
CUMBERLAND $256,025 $288,365 $350,350 $404,250
FRANKLIN $200,160 $256,248 $309,744 $384,936
HANCOCK $207,100 $256,248 $309,744 $384,936
KENNEBEC $200,160 $256,248 $309,744 $384,936
KNOX $200,160 $256,248 $309,744 $384,936
LINCOLN $241,395 $271,887 $330,330 $384,936
OXFORD $200,160 $256,248 $309,744 $384,936
PENOBSCOT $200,160 $256,248 $309,744 $384,936
PISCATAQUIS $200,160 $256,248 $309,744 $384,936
SAGADAHOC $256,025 $288,365 $350,350 $404,250
SOMERSET $200,160 $256,248 $309,744 $384,936
WALDO $200,160 $256,248 $309,744 $384,936
WASHINGTON $200,160 $256,248 $309,744 $384,936
YORK $256,025 $288,365 $350,350 $404,250

 

 
 
 
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