Flag of Montenegro, featuring a red background with a golden border and a central coat of arms depicting a two-headed eagle.

ME Down Payment Assistance

Maine Down Payment Assistance Programs

Comprehensive guide to Maine DPA programs through Maine State Housing Authority (MaineHousing). Get up to Up to 3.5% of loan amount to help with your down payment and closing costs.

Up to 3.5% of loan amount

Max Assistance

Programs Available

640

Min Credit Score

Required

Homebuyer Education

Explore Maine State Housing Authority Down Payment Assistance Programs

Maine State Housing Authority (MaineHousing) offers multiple down payment assistance programs to help Maine homebuyers achieve homeownership with reduced upfront costs.

First Home Loan

Deferred Loan

Provides down payment and closing cost assistance with competitive interest rates. Assistance is a second mortgage with deferred payments.

Assistance Amount

Up to 3.5% of loan amount

Advantage Program

Forgivable LoanForgiven in 10 years

Enhanced assistance for buyers meeting specific criteria with additional funds for closing costs.

Assistance Amount

Up to 4% of loan amount

Program Comparison

Program	Type	Amount	Forgiveness
First Home Loan	Deferred Loan	Up to 3.5% of loan amount	N/A
Advantage Program	Forgivable Loan	Up to 4% of loan amount	10 years

Eligibility Requirements

To qualify for Maine down payment assistance programs, you typically need to meet these requirements:

General Requirements

First-time homebuyer (no ownership in past 3 years)
Minimum credit score of 640
Property must be in Maine and primary residence
Meet income limits
Complete homebuyer education course

Key Limits & Requirements

Minimum Credit Score

640

Income Limit

Up to 100% AMI

First-Time Buyer Required

Yes

Homebuyer Education

Required

How to Apply

Follow these steps to access Maine down payment assistance programs through duPont Lending

Get Pre-Qualified

Complete our quick online application to determine your eligibility and loan options.

Choose Your Program

Work with your loan officer to select the best Maine DPA program for your situation.

Complete Education

Complete required homebuyer education course (we'll guide you to approved providers).

Close on Your Home

Finalize your loan with down payment assistance applied, reducing your upfront costs.

Ready to Access Maine Down Payment Assistance?

Get pre-qualified in minutes and discover which Maine DPA programs you qualify for. Our experienced team will guide you through every step of the process.

Official Maine Resources

For more information about Maine down payment assistance programs

Maine State Housing Authority (MaineHousing)

Official state housing finance agency administering DPA programs in Maine

Visit Official Website

Need help navigating Maine DPA programs? Our team specializes in down payment assistance and can help you determine which program is best for your situation.

Cookie Consent

We use cookies and similar technologies to enhance your experience, analyze site traffic, and personalize content. By clicking "Accept," you consent to our use of cookies. You can learn more about our cookie practices in our Privacy Policy and Terms and Conditions.