South Portland ME Branch

324 Cummings Road
Suite 2nd Floor
South Portland, ME 04106
Welcome to Academy Mortgage!

Academy Mortgage — South Portland, Maine

If you’re interested in buying a home in South Portland, Maine, rely on the professional team at Academy Mortgage to find a great home loan option for you. Our friendly team takes all the stress and worry out of applying for a mortgage.

30 Years of Experience and Training

We have found that one reason so many people fear filling out a mortgage application is because they don’t understand the process.

But the expert mortgage lenders at Academy Mortgage can help. We have been in business since 1988, and in that time, we have perfected our methods and techniques. We’re able to recommend which home loan options may be right for our customers after learning about their personal situations.

Our experience serves us well, but it’s only half of what makes Academy Mortgage a superior choice in the industry. The other half is the time our mortgage company devotes to training and continuing education. Mortgage lending is a dynamic institution, and those who do not stay abreast of changes are destined to fall behind.

Mortgage Lending with Integrity

When you purchase a home, it’s likely the biggest investment you will ever make. That’s why it’s so important to work with a mortgage company you trust.

When our mortgage lenders meet with you, we ask you the typical questions — what is your credit score, how much money do you have in the bank, how much debt are you carrying? But we also ask you about your financial health and attitudes about money. How much risk are you comfortable with? What size payments do you consider manageable?

All this helps us operate within your financial comfort zone.

Local and National

Our customers love how we’re able to offer them a variety of home loan solutions, due to being part of a large, national firm. But they also love the personal service they get from us.

We aren’t just a faceless giant. We work in a brick-and-mortar building on the west side of town, and you can come in and see us any time. You don’t need to dial an 800 number and wait on hold to talk to someone. We’re here for you.

Cut Out the Middleman

We have always worked hard to do business efficiently, and we find that it’s something our customers greatly appreciate. When you hear disappointing stories about applying for a mortgage, they usually involve long waiting periods. That doesn’t happen here at Academy Mortgage of South Portland.

The reason is that we have cut out the middlemen to streamline the process. From underwriting to closing document prep and funding, we do it all right here. There’s no mortgage broker, no waiting for people to call you back or sign off on paperwork. It all happens locally. That saves you time, and it gets you into your house as quickly as possible!

Academy Mortgage of South Portland, Maine

When you’re ready to find out more about getting a home loan in South Portland, Maine, come in and see the experts at Academy Mortgage. Our mortgage lenders will help you take that first step on the road to homeownership.

The friendly team at Academy Mortgage in South Portland, Maine, wants you to know that getting a home loan with us is easy.

You may have heard the process is onerous. Some potential homebuyers feel like they must divulge a lot of personal information and they’re not sure what they’re getting in return. That’s why some people just throw up their hands and continue paying rent every month.

But it doesn’t have to be that way. Our mortgage lenders guide you through the process of getting a home loan, step by step, and use their training and experience to help you find a great mortgage solution for you.

We stay on top of every advancement, and we use the most innovative tools in lending, so you get every advantage when you work with us.

If you’re afraid you can’t get a home loan because you’re low-income, we’re here to tell you that there are loan programs just for people like you.

If you have been told a Conventional mortgage won’t cover the loan for the home you want, we can help you secure a Jumbo home loan.

Rely on the Academy Mortgage team’s know-how and expertise to help you get the home loan that’s right for you.

Mortgage Program Summary

Are you familiar with all the home loan options out there? Probably not, but that’s OK — that’s what the team at Academy Mortgage in South Portland, Maine, is here for!

Many of our clients have not saved up for a down payment and can’t save fast enough to outpace today’s home prices. That’s why we’re here to help homebuyers know the programs that are available to them. These include home loan options that offer $0 down or another kind of assistance. Talk to the experts at Academy Mortgage today about a great home loan option for you.

Loan excerpts

1. First-Time Homebuyers
Do you want to learn more about programs for first-time homebuyers in South Portland? You could get 0 down, low down payments and 100% financing . Contact our mortgage lenders today!
2. Fixed-Rate and Adjustable-Rate Mortgages
You may not know whether a fixed-rate or adjustable-rate mortgage is the better choice for you. Our experienced professionals in South Portland can explain your options. Call us today.
3. FHA Loans
Federal Housing Administration Loans were created to help low-to-moderate-income homebuyers with lower credit scores become homeowners. Find out if you qualify for an FHA loan in South Portland!
4. State Housing Agency Loans and DPA Programs
State Housing Finance Agency Loans and Down Payment Assistance programs can help you become a homeowner in South Portland. Talk to our mortgage lenders to find out if you qualify for one of these programs.
5. USDA Loans
Willing to live in a rural area? You may be eligible for a loan from the U.S. Department of Agriculture that helps low-income earners. Call our South Portland office to see if you qualify.
6. Conventional Mortgages
Those with good credit scores and enough money saved for a down payment may qualify for a conventional mortgage. Find out the details from our mortgage lenders in South Portland.
7. VA Loans
If you’re a veteran or a surviving spouse of a veteran, you may be eligible for a 0 down home loan from the Veterans Administration. Ask our mortgage specialists in South Portland if you qualify.
8. Renovation Loans
Are you dismayed to learn how much a fixer-upper costs to fix up? Don’t worry — come talk to our mortgage lenders in South Portland about a renovation loan.
9. Refinance Loans
Refinancing can help save your family money. Whether you want smaller monthly payments, a shorter term or cash in hand, our South Portland mortgage lenders can help you with a refinance loan.
10. Jumbo Mortgages
Why shouldn’t you be able to have the dream home you want in South Portland? When a conventional loan doesn’t cover the cost, talk to our mortgage lenders about a jumbo mortgage.
11. Reverse Mortgages
If you’re 62 or older and looking to cut monthly expenses, ask our mortgage lenders in South Portland about a reverse mortgage. Tap the equity in your home to fund your retirement.

Mortgage Refinancing

Mortgage refinancing at the right time can greatly improve your financial situation. How?

Many homeowners contact their mortgage lender when interest rates fall. If the interest rate is far enough below the rate you got when you took out your mortgage, refinancing could save you thousands over the life of the loan.

When you refinance, you can start the term of your mortgage over again, potentially significantly reducing your monthly payments. Or, you could use the equity you have in your home to shorten the term, make larger monthly payments and save money by paying off your mortgage sooner.

Another reason to refinance is to switch from an adjustable-rate to a fixed-rate mortgage. You may have chosen an adjustable-rate mortgage when you first bought your home because the payments were lower due to your assuming more risk. But once you’re in a better financial position, you may want to choose a home loan option that is more stable.

Some homeowners want to refinance to take equity out of their home to fund a home-improvement project, pay tuition, take a vacation or another reason.

Mortgage refinancing can often save you a bundle — but not always. There’s a time to refinance, and a time to wait. Trust the experienced team at Academy Mortgage of South Portland to help you decide when mortgage refinancing will help you.

Why Choose Us?

One of the greatest advantages of working with Academy Mortgage of South Portland, Maine, is that you get the solid financial backing of a major national firm and the kind of personal service only a local company can provide. Our customers see us around South Portland at the beach, the farm, on the Greenbelt Walkway or shopping in the bustling retail district. They remember our friendly faces, and they trust us. Whenever you want help with a home loan, talk to the mortgage lenders at Academy Mortgage.