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Maine Mortgage Rates and Refinance RatesMaine Mortgage Rates - Refinance Rates:Search and compare mortgage rates and refinance rates in Maine. Our rate table has a list of Maine mortgage rates and mortgage refinance rates. You can also use our free mortgage calculator to calculate monthly mortgage payments. When you start your search for current mortgage rates in Maine you need to first have an understanding of the types of mortgages available and their corresponding interest rates. Types of rates available in Maine include conforming mortgage rates, super conforming rates, jumbo rates, adjustable rates, HELOC rates and home equity loan rates. There are variations of each type of mortgage available in Maine listed below.
Lender
APR
Rate
Cost & Fees
Notes
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 NMLS # 541760
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 NMLS # 472433
(877) 591-8350  NMLS # 403501
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NMLS # 472433
(877) 591-8350 NMLS # 403501
Thank you for your inquiry, we will be in touch shortly.
NMLS # 472433
(877) 591-8350
Thank you for your inquiry, we will be in touch shortly.
NMLS # 541760
Thank you for your inquiry! We look forward to working with you.
Thank you for your inquiry, we will be in touch shortly.
Bank of America
4.996%
10/16/2018
4.875%
at 0.988 pts
60 day lock rate Est payment: $1,587.62
Fees in APR: $1,159
Raymond James Bank, NA
5.163%
10/16/2018
5.125%
at 0.000 pts
45 day lock rate Est payment: $1,633.46
Fees in APR: $1,299
Bar Harbor Bank & Trust
5.014%
10/18/2018
5.000%
at 0.000 pts
45 day lock rate Est payment: $1,610.46
Fees in APR: $467
Santander Bank, N.A.
5.184%
10/19/2018
5.125%
at 0.000 pts
60 day lock rate Est payment: $1,633.46
Fees in APR: $2,004
TD Bank, NA
4.801%
10/16/2018
4.750%
at 0.250 pts
45 day lock rate Est payment: $1,564.94
Fees in APR: $993
The rates above were collected by Bankrate.com on the dates specified. Rates are subject to change without notice and may vary from branch to branch. Rate/APR and terms may vary based on the creditworthiness of the individual and the extent to which the loan differs from the one used for Bankrate.com quotes. For criteria used in surveys of rates above, click here. These quotes are from banks, thrifts, and brokers, some of whom have paid for a link to their own Web site, where you can find additional information. Maine Conforming Mortgage RatesConforming mortgage rates are rates on mortgages that meet the criteria set out by the Federal Housing Finance Agency. There are limits set for each county of Maine. There are higher mortgage loan limits for designated high-cost areas, like on the coasts and in large cities. Maine mortgages that “conform” to the standards set out by the Federal Housing Finance Agency can be purchased by Freddie Mac and Fannie Mae. This process guarantees banks are able to resell Maine mortgage loans that have been made. As a result, Maine mortgage rates today are lower than jumbo interest rates in Maine. Conforming mortgages and jumbo mortgages are available in terms of 40 years, 30 years, 25 years, 20 years, 15 years and 10 years. Maine Super Conforming Home Loan RatesSuper conforming mortgages in Maine are mortgages that have higher mortgage loan amounts but still “conform” to the standards set by the Federal Housing Finance Agency. Super conforming mortgages are available for the higher cost housing areas like the coasts and in large cities. Maine Jumbo Loan Interest RatesMaine jumbo mortgage rates are rates for mortgage loans that have a dollar amount higher than conforming and super conforming loan amounts. Jumbo home loan rates in Maine are usually 0.75 basis points higher than conforming mortgage rates in Maine because there is no guarantee banks and credit unions can sell these mortgages after they make the loans. Maine Fixed Rate MortgagesFixed rate mortgages are the most common mortgage available in Maine. The mortgage rate and the monthly payment stay the same for the entire life of the mortgage loan. This makes fixed rate mortgages the most stable and predictable for mortgagees. Maine Adjustable Interest RatesMaine adjustable mortgages have a fixed mortgage rate for a certain number of years and then the mortgage rate adjusts every year after the initial period. There are usually yearly caps and life time caps on how much the mortgage interest rate and fluctuate. Your monthly mortgage payment will be lower at first but can rise when mortgage rates rise. Adjustable mortgages are available in terms of 1 year, 3 years, 5 years, 7 years and 10 years. Maine Interest Only Home Mortgage RatesMaine interest only mortgages are mortgages that the borrower pays only the interest on the principal balance or a set period of time. After the initial period the mortgagee pays both interest and principal. Interest only (IO) mortgages were popular during the housing boom. Maine FHA Mortgage Mortgage RatesBorrowers in Maine must meet certain requirements established by FHA to qualify for a mortgage insured by the FHA. FHA mortgage interest rates in Maine are usually lower than conforming mortgage interest rates because mortgage lenders bear less risk because FHA will pay the lender if a homeowner defaults on his or her mortgage loan. Cities in MaineAbbotActonAddisonAlbionAlfredAlnaAndoverAnsonAshlandAthensAuburnAugustaAuroraBailey IslandBaileyvilleBangorBar HarborBar MillsBass HarborBathBayvilleBealsBelfastBelgradeBelgrade LakesBenedictaBernardBerwickBethelBiddefordBiddeford PoolBinghamBirch HarborBlaineBlue HillBlue Hill FallsBoothbayBoothbay HarborBowdoinBowdoinhamBradfordBradleyBremenBrewerBridgewaterBridgtonBristolBrooklinBrooksBrooksvilleBrooktonBrownfieldBrownvilleBrownville JunctionBrunswickBryant PondBuckfieldBucksportBurlingtonBurnhamBustins IslandCalaisCambridgeCamdenCanaanCantonCape ElizabethCape NeddickCape PorpoiseCaratunkCardvilleCaribouCarmelCaryCascoCastineCenter LovellChamberlainCharlestonChebeague IslandCherryfieldChinaClayton LakeCliff IslandClintonColumbia FallsCoopers MillsCoreaCorinnaCorinthCornishCostiganCranberry IslesCrousevilleCumberland CenterCumberland ForesideCushingCutlerDamariscottaDanforthDanvilleDeer IsleDenmarkDennysvilleDetroitDexterDixfieldDixmontDover FoxcroftDresdenDrydenDurhamEagle LakeEast AndoverEast BaldwinEast Blue HillEast BoothbayEast DixfieldEast LivermoreEast MachiasEast MillinocketEast NewportEast OrlandEast ParsonfieldEast PolandEast VassalboroEast WaterboroEast WiltonEast WinthropEastonEastportEddingtonEdgecombEliotEllsworthEstcourt StationEtnaEustisExeterFairfieldFalmouthFarmingdaleFarmingtonFarmington FallsFort FairfieldFort KentFort Kent MillsFrankfortFranklinFreedomFreeportFrenchboroFrenchvilleFriendshipFryeburgGardinerGarlandGeorgetownGlen CoveGorhamGouldsboroGrand IsleGrand Lake StreamGrayGreeneGreenvilleGreenville JunctionGuilfordHallowellHampdenHancockHanoverHarborsideHarmonyHarpswellHarringtonHarrisonHartlandHebronHinckleyHiramHoldenHollis CenterHopeHoultonHowlandHudsonHulls CoveIsland FallsIsle Au HautIsle Of SpringsIslesboroIslesfordJackmanJayJeffersonJonesboroJonesportKenduskeagKennebunkKennebunkportKents HillKingfieldKingmanKitteryKittery PointLagrangeLambert LakeLebanonLeeLeedsLevantLewistonLibertyLimerickLimestoneLimingtonLincolnLincolnvilleLincolnville CenterLisbonLisbon FallsLitchfieldLittle Deer IsleLivermoreLivermore FallsLocke MillsLong IslandLovellLubecMachiasMachiasportMadawaskaMadisonManchesterMansetMapletonMars HillMasardisMatinicusMattawamkeagMechanic FallsMeddybempsMedwayMerepointMexicoMilbridgeMilfordMillinocketMiloMinotMonheganMonmouthMonroeMonsonMonticelloMoodyMorrillMount DesertMount VernonNaplesNew GloucesterNew HarborNew LimerickNew PortlandNew SharonNew SwedenNew VineyardNewagenNewcastleNewfieldNewportNewryNobleboroNorridgewockNorth AnsonNorth BerwickNorth BridgtonNorth HavenNorth JayNorth MonmouthNorth New PortlandNorth TurnerNorth VassalboroNorth WaterboroNorth WaterfordNorth YarmouthNortheast HarborNorwayOakfieldOaklandOcean ParkOgunquitOlamonOld Orchard BeachOld TownOquossocOrientOrlandOronoOrringtonOrrs IslandOtter CreekOwls HeadOxbowOxfordPalermoPalmyraParisParsonsfieldPassadumkeagPattenPeaks IslandPemaquidPembrokePenobscotPerhamPerryPeruPhillipsPhippsburgPittsfieldPlymouthPolandPort ClydePortagePorterPortlandPownalPresque IslePrincetonProspect HarborQuimbyRandolphRangeleyRaymondReadfieldRichmondRobbinstonRocklandRockportRockwoodRound PondRoxburyRumfordRumford CenterSabattusSacoSaint AgathaSaint AlbansSaint DavidSaint FrancisSaint GeorgeSalsbury CoveSandy PointSanfordSangervilleSargentvilleScarboroughSeal CoveSeal HarborSearsmontSearsportSebagoSebago LakeSebasco EstatesSebecSedgwickShapleighShawmutSheridanSherman MillsSherman StationShirley MillsSinclairSkowheganSmall PointSmithfieldSmyrna MillsSoldier PondSolonSorrentoSouth BerwickSouth BristolSouth CascoSouth ChinaSouth FreeportSouth GardinerSouth ParisSouth PortlandSouth ThomastonSouth WaterfordSouth WindhamSouthportSouthwest HarborSpringfieldSpringvaleSpruce HeadSquirrel IslandStacyvilleStandishSteep FallsStetsonSteubenStillwaterStockholmStockton SpringsStonehamStoningtonStrattonStrongSullivanSumnerSunsetSurrySwans IslandTempleTenants HarborThomastonThorndikeTopsfieldTopshamTrevettTroyTurnerTurner CenterUnionUnityVan BurenVanceboroVassalboroViennaVinalhavenWaiteWaldoboroWalpoleWarrenWashburnWashingtonWaterboroWaterfordWatervilleWayneWeldWellsWesleyWest BaldwinWest BethelWest Boothbay HarborWest BuxtonWest EnfieldWest FarmingtonWest ForksWest KennebunkWest MinotWest NewfieldWest ParisWest PolandWest RockportWest TremontWestbrookWestfieldWhitefieldWhitingWiltonWindhamWindsorWinnWinter HarborWinterportWintervilleWinthropWiscassetWoolwichWytopitlockYarmouthYorkYork BeachYork Harbor |
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