The Best Mortgage Lenders in Surry, ME
Compare verified mortgage lenders serving Surry, Maine. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Surry
Featured Mortgage Lenders
First National Bank Mortgage Team
First National Bank
First National Bank stands as one of Maine's most trusted local banking institutions with deep roots in Hancock County and surrounding areas. While headquartered in Damariscotta, they maintain a strong presence in Ellsworth, which serves as a banking hub for Surry residents. Their mortgage team receives exceptional ratings for personalized service, local underwriting decisions, and competitive rates. As a community bank with over 150 years of service, they understand the unique aspects of Maine's coastal and rural property markets, offering specialized construction and renovation loans perfect for the Surry area. Their local loan officers provide face-to-face service and have extensive experience with properties in Hancock County.
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Bar Harbor Bank & Trust Mortgage Department
Bar Harbor Bankshares
Bar Harbor Bank & Trust has been serving the Mount Desert Island region and surrounding communities like Surry for over 135 years. Their mortgage department is particularly noted for exceptional customer service and deep local market knowledge. As a community-focused bank, they offer competitive rates and flexible underwriting for the unique property types found in coastal Maine. They have multiple branches throughout Hancock County and their mortgage specialists are praised for guiding borrowers through the entire process with clear communication and local expertise. Their long-standing presence in the region ensures they understand the specific needs of Surry homebuyers.
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Northeast Home Loans
Northeast Home Loans LLC
Northeast Home Loans, based in Bangor, consistently ranks as one of Maine's highest-rated mortgage brokers serving the entire central and coastal Maine region, including Surry. They receive outstanding reviews for their responsive service, competitive rates, and expertise in navigating complex loan scenarios. As a mortgage brokerage, they have access to multiple lenders and can often secure better terms than single-institution lenders. Their team specializes in both primary residences and vacation/investment properties common in the Surry area. Customers frequently mention their efficient processing, transparent communication, and ability to close loans quickly, making them a top choice for buyers throughout Hancock County.
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Frequently Asked Questions
Common questions about mortgage lending in Surry, ME
Are there any first-time homebuyer programs specific to Surry, Maine that can help with down payment or closing costs?
While Surry itself doesn't offer local programs, MaineHousing provides excellent statewide programs accessible to Surry buyers. These include the First Home Loan Program with competitive rates and down payment assistance options. Many Surry buyers successfully use these programs, particularly given the area's moderate home prices compared to coastal communities.
How do mortgage rates in Surry compare to other parts of Maine?
Mortgage rates in Surry typically align with statewide averages since rates are set nationally, but local lenders may offer competitive terms given Surry's stable rural housing market. The Hancock County market tends to have slightly better rates than more volatile coastal markets like Bar Harbor. Working with lenders familiar with rural Maine properties can sometimes yield better terms.
What should I know about getting a mortgage for older homes common in Surry?
Many Surry homes are historic or older properties, which may require specialized appraisals and inspections. Lenders might require additional inspections for homes with features like older electrical systems, wells, or septic systems common in the area. It's wise to work with lenders experienced in rural Maine properties who understand these unique considerations.
Are USDA loans a good option for buying in Surry given its rural character?
Yes, Surry's designation as a rural area makes USDA loans an excellent option for eligible buyers. These loans offer 100% financing with no down payment, which is particularly valuable given Surry's income levels and property types. Many properties in Surry qualify for USDA rural development loans, making homeownership more accessible.
How does Surry's proximity to Ellsworth affect mortgage lending considerations?
Surry's location near Ellsworth provides access to more lending options while maintaining lower property taxes. Lenders familiar with the Ellsworth-Surry corridor understand the commuting patterns and property value relationships. This can work to your advantage when securing financing, as lenders recognize the stability of this growing rural-commuter market.
Nearby Cities
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Why Choose a Mortgage Lender in Surry?
Local Market Knowledge
Lenders who understand Surry'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 Surry and get competitive rates on your home loan.