Home Loan Solutions in the State of Maine
Maine, the 23rd state to join the Union, is renowned for its jagged, rocky coastline, its delicious seafood, and its beautiful forests. However, buying a home there can still be a confusing process without professional help.
Fortunately, our team of home finance experts is ready and waiting to teach you everything you need to know about mortgage basics in the state of Maine. At the moment, the average home listing price in Maine is $224,900, about $35,000 less than the nationwide median of $261,500 -- which means it could be a fantastic time to buy a home in The Pine Tree State.
Right now, one of the most expensive areas to purchase a home in Maine is Portland, with with a median home listing price of $370,000. In comparison, in the state's capital, Augusta, the median home value is only $132,079. In Bangor, the median home listing price $148,750, which is significantly less than the national and statewide medians. In Lewiston, another popular city in Maine, the median home listing price currently sits at $149,450.
Here at home.loans, our team is committed to a single purpose: to give you the best and most up-to-date information about the home buying process. Whether you want to buy a new home, refinance, get a VA or FHA loan, or something else entirely, we can't wait to help be a part of your home buying success story!