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• Stick to effective responsibility otherwise had been honorably discharged
• Never have gotten a home loan financed with home loan cash bonds
• Are certain to get ended up selling your existing house of the time of one’s MaineHousing closing

A beneficial. Considering newest regulation, if perhaps you were a resident more than 3 years before, although not during the past 3 years, you are eligible just like the a first-big date homebuyer. You may meet the requirements if you co-individual a property, as long as you haven’t lived-in you to family to own for the past 3 years.

A. MaineHousing offers mortgages for cellular homes which might be twenty years dated, or less. The fresh property might be for the possibly owned or rented property. MaineHousing even offers mortgage loans for single- and twice-broad mobile land situated on possessed otherwise rented land. With this specific system choice, there was a price limitation statewide out-of $250,000 to own cellular belongings to your had home, and $two hundred,000 into hired property. (mais…)