For borrowers using a MaineHousing First Home or Operation New Home Mortgage, FMI:  Gift of Green

This is a grant of up to $5,000 (but no more than 4% of the mortgage amount) to help with the cash needed for closing (eg: down payment, closing costs and prepaid).

You also recieve a coupon worth up to $500 towards an energy audit.

This gift doesn't have to be paid back, but there are some restrictions and requirements so check it out.

ALSO . . .

MIDCOAST REDEVELOPMENT MORTGAGE - NOT JUST FOR FIRST-TIMERS!

Special mortgage for elibible homebuyers in towns most affected by the Brunswick Naval Air Station closing. 

FMI:   MAINE HOUSING

On Friday, November 6, 2009, President Obama signed an extension and expansion of the First Time Home Buyer Tax Credit.  It's not just for first time buyers anymore - - see if you might qualify:  TAX CREDIT

Call (207/449-9696) or email me terry@allenselig.com today and I will be happy to send you more information.  Don't wait until the last minute -- I can help you start searching for your new home today!