Unlock the door to homeownership, or reduce your current mortgage interest and payment with a Midcoast mortgage. Our lending team is ready to get you started with competitive, low rates and a variety of terms and down payment options.
Midcoast Home Loan
The right home loan is equally as important as the right home for your family. Let our mortgage loan experts assist in determining the best solution for your needs.
- Fixed rate and adjustable-rate loan options available
- Customized solutions to meet your needs
- Local servicing
CU Promise Purchase Program
Offered by CUSO, a licensed mortgage company owned by Maine credit unions, their goal is to get you more house for your money.
- Guaranteed same-day loan decision
- Guaranteed local loan service
- Low down payments and flexible terms
CU Advantage Refinance Program
Refinance your mortgage to lower your interest rate or monthly payment, accelerate your mortgage repayment or obtain money for a major expense.
- Low fixed interest rates
- Local servicing for the life of the loan
- Borrow up to 90% of the home’s value with no Private Mortgage Insurance required
Manufactured Home Loans
Purchasing or refinancing a manufactured home has never been easier. We finance homes with land included in the sale and will refinance your manufactured homes located on your land.
- Up to 80% LTV on homes up to 20 years old
- Payment terms up to 20 years
- Local lending and low rates
If you’ve found the site of your dreams, but are not yet ready to build, use our Land Loan to build equity while you finalize your design plans.
- Up to 80% LTV
- Payment terms up to 15 years
- Low rates
Government Guaranteed VA Loan
Offered in partnership with CUSO Home Lending and several other government agencies, the VA Home Loan helps service members, veterans and eligible surviving spouses become homeowners.
Government Guaranteed FHA Loan
Offered in partnership with CUSO Home Lending and several other government agencies, the Federal Housing Administration (FHA) Loan allows qualified borrowers to buy a home with a small down payment.
Government Guaranteed USDA Rural Housing Loan
Offered in partnership with CUSO Home Lending and several other government agencies, this Loan assists low to moderate income rural homebuyers achieve their dream of homeownership.
Government Guaranteed Maine State Housing Loan
Offered in partnership with CUSO Home Lending and MaineHousing, this loan aids low to moderate income people in obtaining and maintaining affordable housing.
With Midcoast, you’re always connected
Interact with us and manage your accounts in all the ways that work best for you. Our Digital Banking platform has the same look, feel, and functionality across all of your devices: computer, tablet and mobile device.
Not a member yet? You can join online!
It takes just about 10 minutes to apply! Open an account online anytime.