Up to $5,000 grant for down payment and closing costs. True grant — no monthly payments.
MaineHousing's Advantage program provides $5,000 as a grant — no repayment required, period. The grant covers down payment and closing costs on MaineHousing's first mortgage products.
Maine's housing market has tightened significantly as remote workers discover the state's quality of life. The $5,000 grant helps local Maine residents compete against out-of-state buyers with larger down payments, particularly in the desirable southern Maine coast and Portland metro areas.
Grant format means no repayment. 1-4 unit properties eligible.
We'll show you how to combine MaineHousing Advantage with other programs to maximize your free money — personalized to your ZIP code and income.