Mortgage lenders in Portland, Maine, compared for you

How to get a mortgage in Portland, FHA appraisal checks on older Portland homes, Portland DSCR loans for investment properties, South Portland home financing, Buying a home in Westbrook, Maine first time home buying.

I work on your side of the table. I don't lend money myself. I work with multiple lenders and bring their options to you, so the same file can go to several of them and I compare the offers side by side.

Here is what I handle for clients, from application to closing.

• Review your income, assets, credit, and goals before anything goes out
• Match your file to the right program and to lenders likely to approve it
• Gather and organize your documents so the file arrives complete
• Track the appraisal, answer underwriting questions, and keep the file moving
• Walk you through your Closing Disclosure before you sign

You'll receive a Loan Estimate within three business days of your application. You'll receive your Closing Disclosure at least three business days before closing. Those two documents are your checkpoints, and I go through both with you line by line.

A broker can't approve your loan. The lender that funds the loan makes the final credit decision after underwriting. A broker is usually paid a loan specific fee or commission, and every fee shows up on your Loan Estimate and Closing Disclosure before you sign. For more, see how a mortgage broker compares with a bank in Maine and what a mortgage broker costs in Maine.

Read my guide to a second home loan in Maine.

Peninsula condos may require a review of the building and its association. An off peninsula single family home calls for a different property review. Portland also has older housing stock, so it is worth checking the roof, heating system, paint, and any well or septic details where applicable before you depend on a financing plan.

I also help buyers looking nearby in South Portland, Westbrook, Falmouth, and Cape Elizabeth. Call, text, or email me about the property you are considering.

• Munjoy Hill
• West End
• East End
• Old Port
• Bayside and East Bayside
• Deering Center
• North Deering
• Stroudwater
• Parkside
• Rosemont
• Woodfords Corner
• Peaks Island

• FHA. 3.5% down with a score of 580 or higher, or 10% down with a score from 500 to 579, on an eligible primary home.
• VA. No down payment required for eligible service members, veterans, and qualifying surviving spouses with full entitlement, with no monthly mortgage insurance.
• USDA. No down payment required for eligible buyers on eligible rural and suburban addresses within household income limits.
• Conventional. 3% down for eligible first time buyers, typically 5% otherwise, 10% for second homes, and 15% to 25% for investment properties. Putting 20% down avoids PMI.
• Jumbo. for loan amounts above the county conforming limit.
• Self employed. bank statement and 1099 programs that don't punish you for tax write offs.

Bangor home loansSouth Portland home loans

The fastest first step is a five-minute scenario call. Bring your target purchase price, your down payment plan, and any credit concerns. I'll quote a realistic rate, payment, and cash-to-close range on the spot.

For 2026 HUD sets the FHA one unit floor at $541,287 and FHFA sets the conforming one unit baseline at $832,750 (HUD Mortgagee Letter 2025-23, December 11, 2025. FHFA release, November 25, 2025). Cumberland and York counties carry a higher FHA limit than the floor because of the Portland area's prices. I confirm the exact county figure on your file before you shop.