SSL Secured
Privacy Protected
Licensed & Regulated
MortgageLenderNearMe
Islesford, ME

The Best Mortgage Lenders in Islesford, ME

Compare verified mortgage lenders serving Islesford, Maine. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.

3
Top Lenders
4.7
Avg Rating
580+
Reviews
11
Loan Types

Available Loan Programs in Islesford

Conventional
FHA
VA
USDA
Jumbo
Construction
Home Equity
First-Time Homebuyer
Refinance
Renovation
First-Time Buyer

Featured Mortgage Lenders

1

Bar Harbor Bank & Trust Mortgage Department

Bar Harbor Bank & Trust

★★★★☆
4.7/5

As the premier community bank serving Mount Desert Island and the surrounding coastal communities, Bar Harbor Bank & Trust has deep roots in the Islesford area. With over 135 years of local banking experience, they understand the unique needs of island and coastal property financing. Their mortgage team specializes in waterfront properties, seasonal homes, and year-round residences throughout the Acadia region. They offer personalized service with local decision-making and have consistently high customer satisfaction ratings for their responsive, community-focused approach to mortgage lending.

Experience:135 years
Reviews:180 customer reviews
82 Main Street, Bar Harbor, ME 04609

Loan Types:

ConventionalFHAVAUSDAJumboConstructionHome Equity
Visit Website
2

Bangor Savings Bank Mortgage Center

Bangor Savings Bank

★★★★☆
4.6/5

With a strong presence throughout coastal Maine, Bangor Savings Bank has been serving Down East communities for over 170 years. They maintain a physical branch in nearby Bar Harbor and regularly serve customers throughout the Mount Desert Island area, including Islesford. Their mortgage team is highly rated for competitive rates, flexible loan options, and exceptional customer service. They specialize in both primary residences and vacation properties, with particular expertise in Maine's unique coastal real estate market. Their local loan officers understand the specific challenges and opportunities of island property financing.

Experience:170 years
Reviews:250 customer reviews
3 Mount Desert Street, Bar Harbor, ME 04609

Loan Types:

ConventionalFHAVAUSDAFirst-Time HomebuyerConstructionRefinance
Visit Website
3

Pine Tree Mortgage

Pine Tree Mortgage, Inc.

★★★★☆
4.8/5

As a Maine-based mortgage brokerage serving the entire state, Pine Tree Mortgage has built an outstanding reputation for their expertise in coastal and island properties. They work with multiple lenders to find the best rates and terms for each borrower's unique situation. Their team has particular experience with the complexities of waterfront and island properties common in the Islesford area. Customers consistently praise their responsive communication, thorough guidance through the mortgage process, and ability to handle challenging financing scenarios. They're known for their deep knowledge of Maine's real estate markets and commitment to finding the right solution for each client.

Experience:20 years
Reviews:150 customer reviews
45 Columbia Street, Bangor, ME 04401

Loan Types:

ConventionalFHAVAUSDAJumboConstructionRenovationFirst-Time Buyer
Visit Website

Frequently Asked Questions

Common questions about mortgage lending in Islesford, ME

How does the seasonal economy and remote island location of Islesford affect mortgage qualification?

Lenders may scrutinize income stability more closely due to Islesford's tourism-dependent economy. Self-employed individuals or seasonal workers should prepare two years of tax returns and documentation showing consistent annual income. Some lenders familiar with Maine's coastal communities offer more flexible underwriting for seasonal income patterns.

Are there specific first-time homebuyer programs available for Islesford residents?

Yes, MaineHousing offers several programs that apply to Islesford, including First Home Loan programs with competitive rates and down payment assistance. Additionally, some lenders may offer special terms for year-round residents of Maine's island communities to support local housing stability.

What unique property considerations should I be aware of when getting a mortgage in Islesford?

Many Islesford properties have septic systems, wells, and may require additional inspections for island-specific issues like ferry access dependency. Lenders often require more comprehensive property assessments, and you should budget for higher insurance costs due to the remote location and potential weather exposure.

How do mortgage rates in Islesford compare to mainland Maine rates?

Rates are typically similar to mainland rates, but you might encounter slightly higher rates or fees due to the island's remote location and smaller lending market. Working with lenders experienced with Maine island properties can help secure competitive terms despite the geographic challenges.

What special documentation is needed for an Islesford mortgage application?

Beyond standard documents, you'll need to provide details about ferry schedules and transportation costs, proof of year-round residency if applicable, and documentation about utilities and services unique to island living. Lenders may also require additional verification of employment stability given the seasonal economy.

Nearby Cities

Explore mortgage lenders in cities near Islesford, ME

Why Choose a Mortgage Lender in Islesford?

Local Market Knowledge

Lenders who understand Islesford'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 Islesford and get competitive rates on your home loan.