Like most things in the World today, the list of options for buying a Maine home is pretty much endless too.
And it is not always the real estate property buyer picking the best mortgage loan for the home but the other way around.
Because life circumstances like divorce, lay offs, medical down time spent in the break down lane all take their toll. Knock you down and keep you there.
On home loan eligibility success, the ability today to buy or not when you have your heart set on getting under a roof, inside four walls.
The options to buy a Maine home can tighten up and a VA, Maine State Housing loan is one option.
The USDA rural home loan to buy a Maine home is another neat mortgage lending product.
How does the single family USDA RD home loan in Maine work?
Basic Qualifying Information for USDA Loans:
Credit score at or above 620. There can be some exceptions but it might take a little wrenching, looking under the credit hood to repair your credit. To get you bankable and polished up to remove the hard edges that keep you renting, not buying a Maine home.
It all starts with pulling a credit report which once a year in Maine is free. Give them your social security number and watch the machine whirl, purr, spit out the results.
Then peeking at what shows up on that snap shot of you today on paper and chasing down mistakes. That haunt you, follow you and keep you from getting the house keys to a new Maine home.