Buying a home can be a lengthy process. There are many things to consider including whether you want your mortgage sold. Large banks and mortgage companies will sell your mortgage so you won't be working with a local institution. Central Maine Credit Union does not sell our mortgages, so your mortgage is locally serviced and stays with people you know. This can be a great advantage if you have financial problems in the future and need help.
Our Credit Union mortgage professionals can assist you with the loan process, advise you on which loan is best for you, and help you understand what you'll need in order to qualify. We offer a variety of terms and rates and also partner with CUSO Mortgage Corp., one of the top home finance lenders in Maine, by offering CU Promise, home loans for Maine. Contact us at 207-777-6202 to get started!
If you would like to apply for a government agency backed mortgage such as VA, MSHA or FHA, then click on this link to be directed to CUSO Home Lending, a licensed mortgage company owned by Maine Credit Unions, as we do not keep those mortgages at the credit union.
If you have questions, or want to talk to someone who can help you figure out what you can afford, please call our Financial Services Department at 207-777-6202.