Maine First-Time Home Buyer Programs 2026
$5,000 DPA available through Maine State Housing Authority (MaineHousing). MaineHousing First Home program offers low rates + up to $5K in closing cost assistance.
Max Assistance
$5,000 DPA
Type
0% deferred
Min Credit
640+
Max Home Price
$404,000
Ready to apply for Maine assistance?
Get pre-approved in minutes — your lender will connect you with MaineHousing programs automatically.
Maine First-Time Buyer Programs Comparison
| Program | Max Assistance | Type | Min Credit | Income Limit |
|---|---|---|---|---|
| MaineHousing First Home Best statewide program | $5,000 | 0% deferred | 640+ | $82.8K–$120K |
| MaineHousing Advantage Energy-efficient homes | Up to $3,500 | Grant | 640+ | Same |
Eligibility Requirements
- ✓640+ credit score
- ✓Income within limits
- ✓Homebuyer education required
- ✓Primary residence in Maine
Pro Tip
Available statewide: Portland, Lewiston, Bangor, South Portland, Auburn.
How to Apply for Maine Programs
Get Pre-Approved
Work with a MaineHousing-approved lender. They handle the state program paperwork for you.
Complete Education
Take the required homebuyer education course (online, ~6 hours, ~$75). Required by most state programs.
Close & Get Funds
The 0% deferred is applied at closing — you don't pay extra at the table.
Official Agency
Maine State Housing Authority
MaineHousing — Maine official housing finance authority
Frequently Asked Questions
What is the best first-time home buyer program in Maine?
The best program in Maine is the MaineHousing First Home, which offers $5,000 as a 0% deferred. Minimum credit score: 640. Income limit: $82.8K–$120K.
How much down payment assistance is available in Maine?
Maine offers up to $5,000 DPA through Maine State Housing Authority (MaineHousing). The assistance is structured as a 0% deferred. Income limits are $82,800–$120,000 depending on household size and county.
What credit score do I need for Maine first-time buyer programs?
Most Maine programs through MaineHousing require a minimum credit score of 640. Some programs may accept lower scores with compensating factors. Check with an MaineHousing-approved lender for your exact score requirements.
What is the income limit for Maine first-time buyer programs in 2026?
In 2026, Maine income limits are $82,800–$120,000 depending on household size and county. The home price limit is $404,000. These limits are set by Maine State Housing Authority.
Don't Leave $5,000 DPA on the Table
Pre-approval is free. Your lender will apply for MaineHousing programs automatically — no extra work for you.
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