Maine Mortgage Thoughts

Northeast Bank Insurance Group is holding an open house at our new office space on Route 1 in Scarborough, Maine.  The open house will take place on Wednesday, March 9th.  Please come by and meet some of the area's most talented insurance agents.  The open house will be held from 8am until 4:30pm...

Just another February day in Maine; I woke up to more snowfall which quickly turned to freezing rain, and has since become a total downpour of slushiness.  Today's weather makes you forget how nice yesterday was.  The sun somehow snuck through the clouds, there was a light snowfall, and temperatu...

Please take a look at the photo of this beautiful home below.  Brett Kelly and Keller Williams Realty will be showcasing this property on Sunday, February 27th, from 1 - 2:30pm.  I will be present at the open house as a local mortgage specialist available to answer financing related questions.  I...

As of March 1st the Gift of Green grant money will be reduced from $2,500 to $2,000 per transaction. A qualified first time buyer who is utilizing a Maine State Housing loan can currently obtain $2,500 in grant money.  This money can be applied to the buyer's down payment or the lender's settleme...

I hope that everyone who is thinking about buying a home this year reads my blog; especially first time homebuyers.  There are opportunities in the market today that deserve more attention. ATTENTION: First time homebuyers; do you know about the Maine State Housing loan program?  Do you know abou...

On Monday, February 11th, FHA announced an upcoming change in their loan structure.  Specifically, the insurance premiums that borrowers pay on all FHA loans will be increasing in April.  This is important information for prospective buyers as the change will directly affect a FHA loan's monthly ...

After a year where funding was sporadic for the Rural Development Guarantee Loan Program in 2010 funding has returned for 2011.  According to the latest bulletin there is ample funding for purchase loans in the State of Maine at this time.  What is the Rural Development Guarantee Loan Program?  T...

Sometimes we take things for granted.  I have been a mortgage loan officer at Northeast Bank since May of 2007 and over that period of time I have come to expect a certain level of service and support from myself and my teammates.  There are many occasions when I request marketing tools from my b...

It was a beautiful weekend in Maine although the temperature in my neighborhood rarely rose above 20 degrees.  January 23rd was a great day for house shopping as there were many open houses in the local area.  I spent the afternoon at 2 McQuillian's Hill Drive in Gorham which was a particularly b...

This Sunday, January 23rd, I will be attending the open house at 2 McQuillians Hill Drive in Gorham, ME.  This home just went on the market this month and is listed by Jason Bisson, a local realtor with the Maine Real Estate Network.  I have worked with Jason on several transactions over the past...