The Best Mortgage Lenders in Calais, ME
Compare verified mortgage lenders serving Calais, Maine. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Calais
Featured Mortgage Lenders
Bangor Savings Bank Mortgage Department
Bangor Savings Bank
Bangor Savings Bank is one of Maine's most trusted and highly-rated mortgage lenders with a strong presence throughout eastern Maine, including serving the Calais area. With over 170 years of community banking experience, they offer personalized mortgage services and competitive rates. Their mortgage team specializes in first-time homebuyer programs, rural development loans perfect for Washington County, and various refinancing options. Customers consistently praise their local decision-making, knowledgeable loan officers, and exceptional customer service throughout the entire home buying process.
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Town & Country Federal Credit Union Mortgage Services
Town & Country Federal Credit Union
Town & Country FCU is a highly-rated credit union serving members throughout Maine, including the Calais area through their extensive branch network and digital services. They offer competitive mortgage rates with flexible terms and exceptional member service. Specializing in first-time homebuyer programs and VA loans, they provide personalized guidance through the entire mortgage process. Their reputation for transparent pricing, local underwriting, and community-focused approach makes them a top choice for Maine homebuyers seeking reliable mortgage services with member-owned benefits.
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Norstate Mortgage Services
Norstate Mortgage
Norstate Mortgage has built an excellent reputation throughout Maine as a reliable mortgage lender with extensive experience serving rural communities like Calais. They specialize in USDA rural development loans that are particularly beneficial for Washington County homebuyers, along with comprehensive FHA and VA loan programs. Their team of experienced loan officers provides personalized service and local expertise, ensuring smooth transactions from application to closing. Customers consistently rate them highly for their responsiveness, competitive rates, and ability to handle complex rural property financing scenarios.
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Frequently Asked Questions
Common questions about mortgage lending in Calais, ME
What are current mortgage rates like in Calais, ME compared to the rest of Maine?
Calais mortgage rates are typically very competitive with state averages, but may run slightly higher than southern Maine due to the smaller local lending market. Working with lenders familiar with Washington County can help secure the best rates, which currently range from the mid-6% to low-7% for 30-year fixed loans depending on credit profile and loan type.
Are there any special mortgage programs for first-time homebuyers in Calais?
Yes, the Maine State Housing Authority's First Home Loan Program offers competitive rates and down payment assistance to qualified buyers in Calais. Additionally, some local lenders may offer special programs for buyers in this border community, including options for those with moderate incomes given Calais's economic profile.
How does Calais's border location with Canada affect mortgage lending?
Calais's unique cross-border situation means some lenders may have specific requirements for properties near the international border. You'll want to work with lenders experienced in the area who understand any additional documentation needed and can navigate any unique title considerations that might arise from proximity to Canada.
What should I know about property taxes when getting a mortgage in Calais?
Calais has a municipal tax rate that's generally competitive within Washington County, currently around $22.50 per $1,000 of assessed value. Your lender will factor these taxes into your monthly payment calculations, and it's important to note that property assessments in Calais may differ from market values, which could affect your loan-to-value ratio.
Are there any local down payment assistance programs specific to Calais homebuyers?
While no Calais-specific programs exist, Washington County residents can access several regional assistance programs. The Sunrise County Economic Council sometimes partners with lenders to offer special terms, and many Calais buyers qualify for USDA Rural Development loans which require no down payment in this designated rural area.
Nearby Cities
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Why Choose a Mortgage Lender in Calais?
Local Market Knowledge
Lenders who understand Calais's housing market can offer better guidance and competitive rates.
Multiple Loan Options
Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.
Proven Track Record
Work with lenders who have years of experience and hundreds of satisfied customers in Maine.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Calais and get competitive rates on your home loan.