Marcus Lefebvre
Five star rating, no written review.
South Portland, Maine
South Portland mortgage broker for buyers who want a real human.
Travis Penny, a mortgage broker with Vision Mortgage in Portland (NMLS 1649161), helps clients buy and refinance homes in South Portland, Maine. I compare FHA, VA, USDA, conventional, jumbo and self employed options for your file and tell you plainly which one fits.
Reviewed by Travis Penny, NMLS 1649161
Last reviewed September 29, 2026
South Portland trades at a discount to Portland with the same commute, its own beaches at Willard and Ferry Village, and homes that move fast. Buyers here need a preapproval that holds up in a multiple offer situation, because that is the normal case.
Travis Penny is a licensed mortgage broker (NMLS #1649161) with Vision Mortgage, LLC (NMLS #1286953), based at 352 Warren Avenue, Suite 6, Portland, Maine. He brokers FHA, VA, USDA, conventional, jumbo, and self employed home loans for buyers in South Portland and Cumberland County, plus DSCR investor loans in the states listed on my Licensing page. Started in 2004 and I'm still here. Call or text (207) 615-7770.
Which mortgages can a broker arrange in South Portland, Maine?
Travis Penny is a mortgage broker with Vision Mortgage based in Portland, Maine. In South Portland, I arrange conventional, FHA, and VA one time close construction loans, bridge loans for buying before selling, DSCR loans for qualifying rentals, physician and nurse loans, and bank statement or 1099 mortgages. I review the property and your plans before recommending a program.
All loans are subject to credit and underwriting approval. Not all applicants will qualify. Program terms and availability can change. This page is for general education and is not a loan offer or a commitment to make a loan. Travis Penny, NMLS ID #1649161, is a mortgage broker with Vision Mortgage, LLC, NMLS #1286953. Equal Housing Opportunity.
Maine loans are what I do
Closing loans across Cumberland County and the rest of Maine. Real local underwriting know-how, no call centers.
Every major program
FHA, VA, USDA, conventional, jumbo, and self employed bank statement loans. Matched to your file, not the easiest one.
One person, start to finish
You talk to Travis from pre approval through closing. No handoffs to a processor in another time zone.
Loans I arrange in South Portland
One time close construction (conventional, FHA, VA). In South Portland, review parcel access and local permits before choosing conventional, FHA, or VA construction financing.
Bridge loans for buying before selling. Coordinate a South Portland purchase and the sale of another home with a plan for any overlap in ownership.
DSCR investor loans. South Portland rental plans need a review of lease income and local rental rules for the specific address.
Physician and nurse loans. For healthcare buyers crossing the bridge from Portland, compare physician and nurse programs alongside the home's property review.
Bank statement and 1099 loans. South Portland buyers who work for themselves can discuss bank statement or 1099 documentation before an offer.
Neighborhoods and villages in South Portland
- Willard
- Ferry Village
- Knightville
- Mill Creek
- Meetinghouse Hill
- Thornton Heights
- Pleasantdale
- Cash Corner
- Redbank
- Brick Hill
What to know about buying in South Portland
- South Portland typically sells at a discount to Portland with a similar commute, and homes here often move quickly.
- I confirm the current tax rate with the city assessor on every file rather than relying on an old bill.
- The Maine Mall, the Portland International Jetport, Rigby Yard and the area's semiconductor plants anchor a lot of local employment, so many buyers here are local move up buyers rather than relocations.
- Willard Beach and Ferry Village sit near the water. Check the FEMA flood map for the exact address before you rely on a standard insurance quote.
Official sources: South Portland Assessing, FEMA Flood Map Service Center
Loan programs available in South Portland
- 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.
Other Maine city guides
How to start
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.
Cumberland County loan limits
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.
South Portland mortgage questions
What should I know about home prices in South Portland, Maine?
South Portland typically sells at a discount to Portland with a similar commute. I pull current sales for the exact street before you make an offer.
Do homes in South Portland go over asking?
Homes here often move quickly and can draw multiple offers. Expect to compete and come with a strong preapproval.
What is the property tax rate in South Portland?
I confirm the current rate with the city assessor when I run your payment, rather than relying on a prior year's bill.
Which South Portland neighborhoods are near the beach?
Willard and Ferry Village. Both are walkable to the water and both carry flood zone considerations I check before we write.
Are there condos in South Portland I can buy with FHA?
Yes, and I verify the project's FHA status before you offer so financing never becomes the reason you lose the deal.
Is Jetport noise a concern?
The main runway lies inside South Portland. It does not affect financing, but I tell every buyer to visit the house at different times of day.
Can I get a loan with no down payment in South Portland?
VA doesn't require a down payment if you have full entitlement and are eligible. USDA does not apply here. I map the options on the first call.
What is the closing timeline like in South Portland?
It depends on the file and the documents. I give you a realistic timeline on the first call and keep you and your agent updated so the contract dates match what I can deliver.
Quick checklist
- FHA
- VA
- USDA
- Conventional
- Jumbo
- Self employed
Keep exploring
This information is general education, not a loan offer or a commitment to lend. Down payment and credit requirements vary by client, property, and lender, and program guidelines change. For your own numbers, call or text me at (207) 615-7770 or email Travis@travis.mortgage.
What clients say
Read all reviewsLaPlace Sallis
Travis was great to work with. We were able to close in less than three weeks.
Steven Retalic
Travis by far is the best Mortgage Broker I have ever worked with. I am happy to refer Travis to friends and family.
Want a real human to walk you through this?
I'll lay out your options in plain English. No pressure, no scripts.