Maine Mortgage Rates (2026)

Current average mortgage rates, median home prices, and top lenders in Maine. Rates apply to primary residence purchases with good credit (740+).

30yr Fixed

7.02%

Avg APR

15yr Fixed

6.42%

Avg APR

Median Price

$360,000

Median home

Monthly P&I

$1,920

30yr at 80% LTV

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Top Mortgage Lenders in Maine

1

Rocket Mortgage

Online convenience

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30yr Fixed

7%

15yr Fixed

6.4%

Min Down

3%

2

Chase

Existing customers

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30yr Fixed

6.9%

15yr Fixed

6.3%

Min Down

3%

3

Wells Fargo

Branch access

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30yr Fixed

7.1%

15yr Fixed

6.5%

Min Down

3%

4

Bank of America

Preferred Rewards

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30yr Fixed

7%

15yr Fixed

6.4%

Min Down

3%

5

loanDepot

Low down payment

Get Rate

30yr Fixed

6.9%

15yr Fixed

6.3%

Min Down

3%

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First-Time Buyer Programs in Maine

  • Maine State Housing First Home Loan
  • Salute ME (veterans)
  • Advantage Program

Mortgage Requirements in Maine

  • Min 640 credit score for MaineHousing programs
  • Income limits apply
  • Required homebuyer education course

Maine Housing Market Facts

Portland ME has seen significant price growth due to remote worker influx.
Rural Maine offers USDA zero-down financing opportunities.
Maine State Housing provides up to $15,000 in down payment assistance.

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