X

Wondering about where mortgage rates are headed? Check out our latest Two-Month Mortgage Rate Forecast.

Wondering about where mortgage rates are headed? Check out our latest Two-Month Mortgage Rate Forecast.

Current FHA Mortgage Rates in ME - Maine FHA Mortgage

Get FHA mortgage rates

Note: Your loan amount is greater than the value of the property, a condition known as being "underwater".
Sorry, no listings found currently for the selected values

Maine Mortgages

2023 FHA Loan Limits for Maine

FHA Loans are government insured mortgages from the Federal Housing Administration and are an attractive option for homebuyers with small down payments or who have less-than-stellar credit. An FHA-backed loan can also be attractive to homeowners who want to refinance.

FHA mortgages are backed by a self-insuring pool to limit risks for the lenders who make these low downpayment loans. Homebuyers or homeowners looking to refinance can borrow with as little as a 3.5% downpayment or equity stake.

Learn more about FHA loans or calculate FHA loan costs and compare FHA loans against conventional low-downpayment mortgage programs.

FHA loan limits are different than those for conventional mortgages, as they use a formula based on median home prices; as such, FHA loan limits are reset each year, and vary from county to county in each state. The 2023 FHA loan limits for each county in Maine are below.

County Name One Family Two Family Three Family Four Family
Androscoggin One Family$472,030 Two Family$604,400 Three Family$730,525 Four Family$907,900
Aroostook One Family$472,030 Two Family$604,400 Three Family$730,525 Four Family$907,900
Cumberland One Family$506,000 Two Family$647,750 Three Family$783,000 Four Family$973,100
Franklin One Family$472,030 Two Family$604,400 Three Family$730,525 Four Family$907,900
Hancock One Family$472,030 Two Family$604,400 Three Family$730,525 Four Family$907,900
Kennebec One Family$472,030 Two Family$604,400 Three Family$730,525 Four Family$907,900
Knox One Family$472,030 Two Family$604,400 Three Family$730,525 Four Family$907,900
Lincoln One Family$472,030 Two Family$604,400 Three Family$730,525 Four Family$907,900
Oxford One Family$472,030 Two Family$604,400 Three Family$730,525 Four Family$907,900
Penobscot One Family$472,030 Two Family$604,400 Three Family$730,525 Four Family$907,900
Piscataquis One Family$472,030 Two Family$604,400 Three Family$730,525 Four Family$907,900
Sagadahoc One Family$506,000 Two Family$647,750 Three Family$783,000 Four Family$973,100
Somerset One Family$472,030 Two Family$604,400 Three Family$730,525 Four Family$907,900
Waldo One Family$472,030 Two Family$604,400 Three Family$730,525 Four Family$907,900
Washington One Family$472,030 Two Family$604,400 Three Family$730,525 Four Family$907,900
York One Family$506,000 Two Family$647,750 Three Family$783,000 Four Family$973,100
Add to Homescreen?
X
X
Install this web app on your phone :tap and then Add to homescreen