Not sure what to do when buying a home? What is all that financial jargon your banker is throwing at you?
MaineStream is a certified HomeBuyer Education provider for HUD and Maine State Housing Authority. Your certificate of completion allows you to access special loan programs through MSHA, FHA, and VA and is good for two years. MaineStream offers two ways for you to take a home buyer education class:
- We offer regular in-person HomeBuyer Education classes in the counties of Knox (Rockland), Penobscot (Bangor and Millinocket), and Piscataquis (Dover) that allow clients to access MaineHousing programs. We also periodically offer in-person classes in Hancock (Ellsworth), Washington (Machias), and Waldo (Belfast) counties. Please check for the nearest class to you and to register using the link above. The in-person classes are $30 per person. Your registration will NOT be complete until the payment is received. Click here for details.
- We offer an online homebuyer education class through eHome America that allow clients to access MaineHousing programs. The online class costs $100 and requires a phone consultation with one of our housing counselors before receiving your certificate. Click here for more details.
- We additionally offer the online Framework homebuyer education classes that helps clients access FNMA programs such as the HomeReady loan product. This class costs $75 and also requires a phone consultation with one of our housing counselors before receiving your certificate. Click here for more details.
- We are also a Bank of America Connect To Own Partner. If you are a Bank of America client, our Homebuyer Education classes on eHome or Framework are accepted by them.
Please note that MaineStream Finance/Penquis does not provide refunds for homebuyer education classes. If you notify us within 48 hours of your selected class that you are unable to attend, we are happy to work with you to apply your registration to a future class. For any questions, please contact Heather Massow at (207) 974-2403. You may also be eligible for a savings Family Development Account (FDA) to help you save for your home purchase.
Other Housing Related Penquis Services
You may be interested and eligible for other housing related services Penquis provides: