Maine State Housing Advantage Down Payment Program

Maine State Housing Authority

Available Down Payment

About This Program

MaineHousing's Advantage program provides down payment and closing cost assistance (up to $40,000) as a deferred second mortgage. Available to first-time homebuyers and repeat buyers purchasing in designated target areas. No monthly payment; repaid when home is sold.

Average down payment assistance for qualifying buyers

Key Details

  • Down payment assistance up to $40,000
  • Deferred payment loan, no monthly payment
  • First-time buyers and repeat buyers in target areas
  • Income limits apply (varies by county)
  • Must complete homebuyer education course

How to Apply

Get free help applying Visit Official Program Page Track this program

(800) 452-4668

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Deadline: Applications accepted year-round

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