SSL Secured
Privacy Protected
Licensed & Regulated
MortgageLenderNearMe
North Waterboro, ME

The Best Mortgage Lenders in North Waterboro, ME

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

3
Top Lenders
4.8
Avg Rating
416+
Reviews
11
Loan Types

Available Loan Programs in North Waterboro

Fixed-rate mortgages
Adjustable-rate mortgages
FHA loans
VA loans
USDA loans
Construction loans
Jumbo loans
Conventional loans
First-time homebuyer programs
Refinancing
Refinance programs

Featured Mortgage Lenders

1

Town & Country Federal Credit Union

Town & Country Federal Credit Union

★★★★☆
4.8/5

Town & Country FCU is one of Maine's most respected credit unions with deep roots in York County. They consistently receive exceptional ratings for their personalized mortgage services, competitive rates, and local decision-making. As a member-owned cooperative, they prioritize customer satisfaction over profits, offering comprehensive mortgage solutions with exceptional in-person service. Their mortgage specialists have extensive knowledge of the Southern Maine housing market, including North Waterboro, and they're known for their smooth closing processes and educational approach to home financing.

Experience:68 years
Reviews:185 customer reviews
25 Main Street, Saco, ME 04072

Loan Types:

Fixed-rate mortgagesAdjustable-rate mortgagesFHA loansVA loansUSDA loansConstruction loansJumbo loans
Visit Website
2

Pine Tree State Mortgage

Pine Tree State Mortgage

★★★★☆
4.9/5

Pine Tree State Mortgage is a highly-rated Maine-based mortgage broker serving the entire state, including North Waterboro. They excel at finding the best loan products from multiple lenders and are particularly praised for their responsiveness and expertise with Maine's unique housing market. Their team of experienced loan officers provides personalized guidance through the entire mortgage process, with special programs for first-time homebuyers and competitive rates. Customers consistently highlight their transparency, communication, and ability to handle complex situations effectively.

Experience:18 years
Reviews:142 customer reviews
1 City Center, Portland, ME 04101

Loan Types:

Conventional loansFHA loansVA loansUSDA loansJumbo loansFirst-time homebuyer programsRefinancing
Visit Website
3

CrossCountry Mortgage

CrossCountry Mortgage, LLC

★★★★☆
4.7/5

CrossCountry Mortgage combines national lending power with strong local presence through their Maine-based loan officers who actively serve the North Waterboro area. They offer an extensive range of mortgage products with competitive rates and are particularly noted for their efficient processing and closing timelines. Their local team has deep knowledge of Southern Maine's real estate market and provides personalized service while leveraging the resources of a major national lender. They receive consistent praise for their professionalism, accessibility, and ability to secure favorable terms for borrowers.

Experience:18 years
Reviews:89 customer reviews
50 Market Street, South Portland, ME 04106

Loan Types:

Conventional loansFHA loansVA loansUSDA loansJumbo loansConstruction loansRefinance programs
Visit Website

Frequently Asked Questions

Common questions about mortgage lending in North Waterboro, ME

What are the current mortgage rates like for homebuyers in North Waterboro, ME?

Mortgage rates in North Waterboro are generally competitive with national averages but can be influenced by local market conditions. As of late 2023, rates for 30-year fixed mortgages typically range from 6.5% to 7.25%, though this varies by lender and borrower qualifications. Working with a local Maine lender who understands York County's housing market can often secure you the most favorable terms.

Are there any first-time homebuyer programs specifically available in North Waterboro?

Yes, North Waterboro homebuyers can access MaineHousing's First Home Loan Program, which offers competitive interest rates and down payment assistance. Additionally, York County Community Action Corporation provides local homebuyer education and counseling services. These programs are particularly valuable given North Waterboro's growing popularity as a Portland commuter town.

How does North Waterboro's rural location affect mortgage lending requirements?

North Waterboro's semi-rural classification can impact lending, particularly for properties with wells and septic systems rather than municipal services. Lenders typically require additional inspections and may have stricter requirements for these systems. USDA loans are also available in the area, offering 100% financing for eligible properties and borrowers in this designated rural area.

What unique closing costs should I expect when buying a home in North Waterboro?

North Waterboro homebuyers should budget for Maine-specific closing costs including a municipal tax commitment fee, title insurance rates set by the state, and potentially higher attorney fees than national averages. You'll also encounter standard Maine transfer taxes totaling 0.44% of the sale price, split between buyer and seller in most transactions.

How are property taxes in North Waterboro handled during the mortgage process?

North Waterboro property taxes are collected semi-annually by the Town of Waterboro, and lenders will typically require you to escrow for these payments. Current tax rates are approximately $13.50 per $1,000 of assessed value, which lenders will factor into your debt-to-income ratio. Your mortgage servicer will pay the taxes directly from your escrow account when they become due.

Nearby Cities

Explore mortgage lenders in cities near North Waterboro, ME

Why Choose a Mortgage Lender in North Waterboro?

Local Market Knowledge

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