New Maine State Housing Program Offers More Mortgage Options To Maine Borrowers

Effective March 3, the Maine State Housing Authority is offering more mortgage options to homebuyers using their mortgage program. Options include a choice of 0 or 2 points, and a 30 or 40 year mortgage term.  These new options join other recent program changes that include expanding the program to veterans and active duty military (even if not first-time homebuyers), and Maine HOPE program that provides payment protection for program borrowers. For more info: http://www.mainehousing.org/NEWSPressReleases.aspx?PageCMD=newsDetail&NewsID=181

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