Top 3 Mortgage Lenders in Peaks Island

As one of Maine's most established and highest-rated financial institutions, Bangor Savings Bank has served coastal Maine communities for over 170 years. They maintain a strong physical presence in Portland with specialized mortgage experts who understand the unique needs of island properties like those on Peaks Island. Their local underwriting expertise and extensive experience with Maine coastal properties make them exceptionally qualified for Peaks Island mortgages. Customers consistently praise their personalized service, competitive rates, and deep understanding of local market conditions.

Gorham Savings Bank has been serving southern Maine communities for over 150 years and maintains a strong focus on local lending. Their Portland branch location provides convenient access for Peaks Island residents, and they have extensive experience with Maine coastal properties, including understanding the unique considerations for island homes. They offer specialized construction and renovation loans that are particularly valuable for older island properties. Reviewers consistently highlight their responsive service, local decision-making, and expertise with Maine's unique property types.

CEI specializes in affordable housing solutions throughout Maine, with particular expertise in coastal and island communities. They work closely with Maine State Housing Authority programs and offer specialized lending products tailored to Maine's unique housing market. For Peaks Island residents seeking affordable financing options or first-time homebuyer programs, CEI provides exceptional guidance and support. Their deep understanding of Maine's coastal communities and commitment to local lending make them an excellent choice for island properties, with many customers praising their patient guidance through complex financing scenarios.