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Maine Mortgage Guides

ME
State Mortgage Guides

Maine Mortgage Guides 2026

This complete Maine mortgage guide covers 2026 FHA loan limits across all 16 counties, the $832,750 conforming limit, MaineHousing’s First Home Loan and $5,000 Advantage assistance, USDA income limits, VA guidance including Portsmouth Naval Shipyard, and a closing cost breakdown built on the state’s transfer tax and recording fee — in one place.

$541,2872026 FHA limit (13 of 16 counties)
$5,000MaineHousing Advantage assistance
1.02%Est. effective property tax rate
$2.20 per $500Real estate transfer tax

Everything You Need for a Maine Home Purchase

Six in-depth guides covering every stage of buying a home in Maine — from choosing a loan program to knowing exactly what you will pay at the closing table.

Key Maine Mortgage Guide Facts

FHA Loan Limits (2026)

  • 13 of 16 counties: $541,287
  • Cumberland, Sagadahoc and York counties: $615,250
  • Conforming limit, all 16 counties: $832,750
  • HUD FHA mortgage limits lookup
Full FHA limits →

MaineHousing Home Loans

  • First Home Loan: low fixed interest rate
  • Advantage: $5,000 toward the cash needed for closing
  • First Generation: $10,000 in assistance
  • Minimum credit score: 640
  • MaineHousing First Home Loan
Full first-time buyer guide →

Property Taxes

  • Est. effective rate: 1.02%
  • Median annual real estate tax bill: $3,036
  • Median owner-occupied home value: $296,600
  • Homestead exemption: up to $25,000 off your home’s value
  • Census ACS 2020–2024 5-year table B25103
Full property tax detail →

Closing Cost Highlights

  • Transfer tax: $2.20 per $500, half paid by the seller and half by the buyer
  • Additional $3.80 per $500 on value over $1,000,000
  • Recording: $35 per document
  • 36 MRSA §4641-A transfer tax
Full closing cost guide →

Buying or Refinancing in Maine?

Maine’s FHA limit is $541,287 in most of the state and $615,250 in Cumberland, Sagadahoc and York counties, the conforming limit is $832,750 everywhere, and MaineHousing’s income and purchase price limits change by area. Which of those apply to you changes what you can afford.

  • ✓ Confirm current programs and limits at MaineHousing
  • ✓ Check your area’s MaineHousing income and purchase price limits
  • ✓ Find out whether your address is eligible for a USDA loan
  • ✓ Compare a MaineHousing loan against a straight FHA, VA or USDA loan

Coming soon  ·  No obligation  ·  Educational first

Maine Advisor Network — Coming Soon

We currently connect buyers with licensed mortgage advisors in Florida and Utah. Maine is on our expansion list. In the meantime, our Maine guides and the official program links above have everything you need to research your purchase.

Join the Maine Waitlist