Maine USDA Loan

Buy a home with 0% down and save on mortgage insurance with a USDA loan. 

            Is A Maine USDA Loan For You?Less

            Is A Maine USDA Loan For You?

Get Answers Quickly
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Get Answers Quickly

With my custom Mortgage Game Plan, the fast, innovative and completely online way to get the best mortgage options, you can have piece of mind that you are getting the best rates and terms in the Maine market place today. Less
With my custom Mortgage Game Plan, the fast, innovative and completely online way to get the best mortgage options, you can have piece of mind that you are getting the best rates and terms in the Maine market place today. 
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Talk to the Home Loan Expert

Not comfortable starting online? Answer a few questions, and I will call you at your earliest convenience. Just let me know when you are available, and I will reach out to you to answer all your questions.Less
Not comfortable starting online? Answer a few questions, and I will call you at your earliest convenience. Just let me know when you are available, and I will reach out to you to answer all your questions.
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The BenefitsLess

The Benefits

USDA loans are an attractive option for buying a home in a qualifying rural area – especially if you're a first-time home buyer. These are some of the benefits of USDA loans:Less
USDA loans are an attractive option for buying a home in a qualifying rural area – especially if you're a first-time home buyer. These are some of the benefits of USDA loans:
  • Gain piece of mind knowing your mortgage rate won't change.

  • Pay off your mortgage faster and with less interest.

  • Buy your primary home with as little as 0% Down.

  • Your guarantee fees may be lower than FHA mortgage insurance premiums

    • Gain piece of mind knowing your mortgage rate won't change.

    • Pay off your mortgage faster and with less interest.

    • Buy your primary home with as little as 0% Down.

    • Your guarantee fees may be lower than FHA mortgage insurance premiums

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      Why You Should Choose MeLess
      Why You Should Choose Me
      • You'll get a completely streamlined Mortgage Game Plan custom to you.  I help you every step of the way.

      • I'm available to answer your questions and help you understand the details so you get the right mortgage for you.

      • I'm an expert in the Maine Mortgage field.  I've been helping Mainers open the door since 2004.

      • I'm One Maine Mortgage Broker, with One Hundred programs.

      • You'll get a completely streamlined Mortgage Game Plan custom to you.  I help you every step of the way.

      • I'm available to answer your questions and help you understand the details so you get the right mortgage for you.

      • I'm an expert in the Maine Mortgage field.  I've been helping Mainers open the door since 2004.

      • I'm One Maine Mortgage Broker, with One Hundred programs.

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      Other Popular Loan OptionsLess
      Other Popular Loan Options
      • FHA Loan - Refinance out of a high payment, or an adjustable rate mortgage with the fixed rate security of a government-insured FHA Loan.

      • 30-Year Fixed- Looking for a more traditional loan option? Lock a great rate today with a 30-Year fixed rate.

      • VA Loan - Get a low rate and payment with a VA loan if you are a qualified veteran, active military, or a qualifying spouse.

      • FHA Loan - Refinance out of a high payment, or an adjustable rate mortgage with the fixed rate security of a government-insured FHA Loan.

      • 30-Year Fixed- Looking for a more traditional loan option? Lock a great rate today with a 30-Year fixed rate.

      • VA Loan - Get a low rate and payment with a VA loan if you are a qualified veteran, active military, or a qualifying spouse.

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      How It WorksLess

      How It Works

      To get a Maine USDA loan, you must meet these qualifications: Less
      To get a Maine USDA loan, you must meet these qualifications:
      • Your credit score must be at least 620. 

      • Your debt-to-income ratio (DTI) must be 50% or lower.

      • The property must be in an eligible rural area. Find out if your property is eligible.

      • The property must not be a working farm.

      • Your household income, which includes everyone in the home, must not exceed 115% of the area median family income. Check your income eligibility with the USDA.

      Whether you’re purchasing a home or refinancing one, you can estimate your monthly payment with my Maine mortgage calculator


      Understanding the USDA Guarantee Fee

      USDA loans require an upfront guarantee fee and an annual guarantee fee, similar to upfront mortgage insurance and monthly mortgage insurance for FHA loans. These guarantee fees are generally lower than mortgage insurance premiums for FHA and may save you money on your monthly mortgage payment.
        • Your credit score must be at least 620. 

        • Your debt-to-income ratio (DTI) must be 50% or lower.

        • The property must be in an eligible rural area. Find out if your property is eligible.

        • The property must not be a working farm.

        • Your household income, which includes everyone in the home, must not exceed 115% of the area median family income. Check your income eligibility with the USDA.

        Whether you’re purchasing a home or refinancing one, you can estimate your monthly payment with my Maine mortgage calculator


        Understanding the USDA Guarantee Fee

        USDA loans require an upfront guarantee fee and an annual guarantee fee, similar to upfront mortgage insurance and monthly mortgage insurance for FHA loans. These guarantee fees are generally lower than mortgage insurance premiums for FHA and may save you money on your monthly mortgage payment.
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          Learn About Me        

          Vision Mortgage, LLC 

          352 Warren Ave, Unit #6

          Portland, ME 04103

          NMLS ##1286953   

          Vision Mortgage, LLC 

          352 Warren Ave, Unit #6

          Portland, ME 04103

          NMLS ##1286953   

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          Travis Penny, Maine Mortgage Game Planner  

          NMLS #1649161

          Travis Penny, Maine Mortgage Game Planner  

          NMLS #1649161

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          Serving Maine since 2004

          Serving Maine since 2004

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          FHA |
          VA |
          USDA |
          JUMBO |
          BUY A HOME |
          REFINANCE |