Mortgage Broker in Maine | Travis Penny

I can do your primary or second home in Maine or Florida and your rental properties in 38 states with DSCR loans, all with one broker. DSCR loans are for investment properties only. Your own home is financed separately, with a loan program that fits how you'll live in it. Call or text 207-615-7770.

Buying in Maine is its own thing. Older housing stock, well and septic, oil tanks, mobile home parks, hunting camps, you name it. I know what underwriters will trip on before you ever write the offer. That alone saves deals. You can read more about Travis Penny and how I work, and agents can use my buydown sheet and preapprovals when writing offers.

Looking at a camp or home on leased land? Here's how I review leased land home loans.

A bank generally offers its own mortgage products. Some mortgage companies in Maine originate their own loans, while a broker works with multiple wholesale lenders. With Vision Mortgage, I compare available programs and guidelines for your credit, income, property, and down payment. The right fit depends on your file, not the name on a storefront.

• Maine FHA loans with 3.5% down for a score of 580 or higher
• Maine VA loans for eligible veterans and active duty (no down payment required with full entitlement)
• Maine USDA loans which doesn't require a down payment for eligible buyers in qualifying rural areas within income limits
• Conventional and jumbo loans for higher loan amounts
• second home loans in Maine
• Maine refinance options for homeowners reviewing an existing mortgage
• Self employed loans with bank statement and 1099 options
• Maine HELOC
• Maine home equity loans
• Maine bridge loans and HELOC options for buy before you sell scenarios

Run the numbers with the Maine mortgage calculator or read how Maine mortgage pricing works. Call, text, or email me afterward to talk about what fits your file.

Looking for land to build your own home? My Maine land loans guide covers buying the lot and building with one closing.

Explore bank statement loans, 1099 mortgages, and other specialty programs. If you work in healthcare, compare nurse mortgage options and physician loan programs (often called doctor loans), or request a healthcare homebuying session.

A lot of my Maine clients eventually look at Florida. If that's you, I am licensed in both states, so I can map the whole transition. Read my Maine to Florida relocation guide, or compare costs side-by-side at Maine Florida Collective.

OOB is its own market with its own rules: flood zones, seasonal rentals, condo conversions. My deep-dive town guide lives at oobhomes.com with neighborhood maps, comps, and short term rental rules.