Diligent Home Loan and Mortgage Refinancing Officers in Portland, Maine
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 have to 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 get the right deal 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 special 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.
Our Home Loan Options
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!
Trust us, many of our clients do not have the money saved up for the kind of hefty down payments some lenders expect, especially with today’s home prices. That’s why we help you take full advantage of the programs you might be eligible to take part in. These include home loan options that offer 0 down, no closing costs or another kind of assistance.
Talk to the experts at Academy Mortgage today about the right home loan option for you.
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.
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!
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.
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.
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.
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 Veterans Affairs. Ask our mortgage specialists in South Portland if you qualify.
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.
Refinance Loans
Refinancing could possibly 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.
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.
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. You may be eligible to tap the equity in your home to fund your retirement.
First-time Homebuyer Loans
Do you want to learn more about programs for first-time homebuyers in South Portland? You could get 0 down, low down payments, 100% financing, and no closing costs. Contact our mortgage lenders today!
Refinance Your Portland, Maine, Mortgage at the Right Time
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.
CONTACT US for more information about Academy Mortgage, your 1st CHOICE Home Loan Lender!
Corp State Lic ME #SLM10136