Travis Penny

Welcome to our mortgage brokerage, a trusted partner for homebuyers in Maine since 2004. Our team of experienced professionals is dedicated to helping Mainers open the door to their dream homes by offering a wide range of mortgage programs and services. With over 20 years of experience and a network of more than 75 lenders, we have the expertise and resources to connect you with the right mortgage solution tailored to your unique needs.

Why Choose Us

Our commitment to exceptional service and customer satisfaction sets us apart. We understand that each client has distinct financial circumstances and aspirations, and we work closely with you every step of the way to ensure a smooth and successful mortgage process. Our personalized approach, coupled with our extensive industry knowledge, allows us to deliver:

• A comprehensive suite of mortgage services and programs
• Competitive rates and terms
• Quick and efficient turnarounds
• Guidance through complex regulations and requirements
• An unwavering dedication to finding the best mortgage solution for you

The Numbers

To date, we have helped over 1,000 clients achieve their homeownership goals. With our extensive experience, diverse programs, and strong lender relationships, we are the trusted mortgage broker for Mainers.

Our Services: Mortgage Programs

*Maine FHA Loan*: An FHA loan is a mortgage insured by the Federal Housing Administration, designed for borrowers with lower credit scores and smaller down payments. FHA loans require a down payment as low as 3.5% of the home's purchase price and accept credit scores as low as 500. They also allow for higher debt-to-income ratios compared to conventional loans. The FHA loan program is a viable solution for many first-time homebuyers and those with less-than-perfect credit.

*Maine VA Loan*: A VA loan is a mortgage option backed by the Department of Veterans Affairs, designed for veterans, service members, and eligible surviving spouses. VA loans require no down payment and do not mandate private mortgage insurance. They offer flexible credit score requirements, making them an accessible option for those with lower credit scores. VA loans often provide favorable terms from lenders due to the VA's guarantee.

*Maine Conventional Loan*: A conventional Maine mortgage is a type of home loan not insured by the federal government. Conventional loans generally require higher credit scores and lower debt-to-income ratios. Down payments can range from 3% to 20% of the home's purchase price. Conventional loans often require private mortgage insurance (PMI) if the down payment is less than 20%. Favorable terms may be available for these loans through our extensive network of lenders.

*Maine USDA Loan*: A USDA loan is a mortgage option backed by the United States Department of Agriculture. USDA loans are designed to promote homeownership in rural and certain suburban areas of the country. These loans require no down payment and offer competitive interest rates. USDA loans are available to borrowers with a variety of credit scores. The USDA guarantees a portion of these loans, making them an attractive option for eligible homebuyers.

*Maine Non-Traditional Loan*: We offer specialized mortgage programs that cater to unique borrower situations, such as rehab loans for property renovations, self-employed loans using alternative income verification, and commercial loans for business ventures and commercial properties. Our wide range of services ensures access to tailored resources for various financial scenarios.

In conclusion, our mortgage brokerage in Maine offers a comprehensive suite of mortgage services and programs, enabling us to connect you with the ideal mortgage solution tailored to your specific needs. Whether you're a first-time homebuyer or a seasoned homeowner looking to finance a new home, refinance an existing mortgage, or invest in a commercial property, we can help.