First Time Homebuyer Programs in Maine
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a) Indian Housing Mortgage Insurance Program - This program provides mortgage insurance for property on tribal lands where restrictions on ownership prevent lenders from holding a mortgage on the property. In addition, the program also work towards providing lender loan guarantees for up to 30 years, and enables Native Americans who are building or buying homes on tribal lands to qualify for mortgage loans.

b) First Home Program - This homebuying program is tailored to assist first time homebuyers in the process of procuring a new home with little or no downpayment. This program is also equipped with a sudden unemployment protection feature.

c) Operation New Home Program - This provides low fixed rate mortgages to help veterans and active duty military buy homes even if they are not first time homebuyers. This program also offers mortgage options with no point, low points, and little or no down payment.

d) Disaster Assistance Loan Program - This program offers low-interest home-repair loans and home-replacement mortgages to homeowners whose homes have been damaged or destroyed in a declared natural disaster.

First Time Homebuyer Programs in Maine
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Additional Resources

category - Home Buying Programs

Frequently Asked Questions about Buying Your First Home
The idea of buying a new home for the first time can be overwhelming for most people. It is probably the largest investment they have ever made, and the process itself seems downright intimidating. ...

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Department of Housing and Urban Development's Dollar Homes Program
The Dollar Homes Program revolves around the process of selling single family homes for a superbly reasonable price of $1 (plus closing cost) to low-to-moderate income families, granted that these houses have been acquired through foreclosure by the Federal Housing Administration, and have already been actively marketed for at least six months and still remained unsold after that certain period of time.

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State of New York Mortgage Agency
The State of New York Mortgage Agency, otherwise referred to as SONYMA, is an agency established in the year 1970 in an attempt to address the shortages of funds within private banking systems that are specifically intended for residential mortgages within the State of New York.

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Homebuyer Mortgage Program for First Time Homebuyers in Connecticut
The Connecticut Housing Finance Authority has been administering the Homebuyer Mortgage Program for First Time Homebuyers. The program is capable of offering home loans and below-market interest rates to first time homebuyers who reside in Connecticut and who are planning to acquire a property that is located in Connecticut.

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