See programs you qualify for
Get Matched Free →MaineHousing Advantage
Funding status: Active
How much assistance
$5,000
No repayment required. No second mortgage and no rate add-on.
Eligibility
- Income limits: Same as First Home Loan Program; varies by household size and county
- First-time buyer required: Yes — Must not have had an ownership interest in a home during the past 3 years.
- Credit score minimum: 640
- Geographic restrictions: Must purchase within the state of Maine.
- Homebuyer education required: Yes
How to Apply for MaineHousing Advantage
Must be paired with a MaineHousing First Home Loan, Salute ME, or Mobile Home Self-Insured mortgage. Complete a hoMEworks-approved homebuyer education class prior to closing. Make a minimum borrower contribution of 1% of the loan amount (the cost of the education class counts toward this).
Free eligibility check
See every program you may qualify for
How soon are you looking to buy?
Question 1 of 6
housebuyerguides