MaineStream Finance

Article Title: Home Lending

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For Housing Updates on COVID-19, click hereFor registering for online home-buying classes – self-paced and live streaming, click here.

Our loan specialists will help you find the right financing for your budget and needs. Interested in getting started? Answer a few questions and get connected with a loan officer.

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MaineStream Finance offers a variety of loan products throughout the State of Maine to individuals and families who may have trouble finding credit elsewhere. MaineStream Finance is generally more flexible than conventional lenders on credit scores, down payment/closing costs, and not requiring personal mortgage insurance (PMI).

Need more information? Please contact Roberta Teeto (NMLS #1780580) at (207) 973-3624 or send us an email at

Having a hard time finding an affordable home to purchase?  Consider Manufactured Home/Mobile Homes.  We can finance Manufactured Homes – learn more here.

MaineStream Finance is a member of National Mortgage Licensing System (NMLS). NMLS #987271

  • Second Chance Home Loans

    MaineStream Finance offers financing to home buyers, particularly first-time home owners. The first mortgage is a 30-year, adjustable rate mortgage.

    MaineStream Finance primarily reaches out to first time homeowners who may have reasonable, but limited credit, so the mortgage rate generally is higher than conventional market rates. If you are considering applying to MaineStream Finance for financing to purchase a home or to refinance an existing mortgage, we recommend you compare MaineStream Finance rates with that of other lenders. Please note that we do not quote rates on this website.


  • Manufactured - Mobile Home Loans

    Learn more about our new Manufactured Home/Mobile Home loan here.

  • Home Repair Loans

    Keeping your home in good repair is a smart investment for you and your family. Home repair loans may be used to purchase or fix a furnace, replace a roof, improve energy efficiency, install new windows or complete other eligible improvement projects. The home to be repaired must be the borrower’s primary residence. The borrower will be required to provide at least two written estimates from a contractor for the costs of the repairs and improvements.

    Interested in making improvements that will make your home more energy-efficient? Efficiency Maine offers a number of rebates and other incentives to help you save money and reduce your environmental impact.

  • Down Payment Assistance Loans

    Looking for help with a down payment and closing costs associated with a mortgage loan? MaineStream Finance offers down payment 2nd mortgages to help you buy the home of your dreams. The second mortgage is a 15-year, fixed rate product.

  • Mortgage Refinancing Loans

    Existing homeowners may want to refinance their homes for a number of reasons. MaineStream Finance offers home refinancing for eligible purposes such as debt consolidation and home repairs. A mortgage refinanced with MaineStream Finance will require that property taxes and homeowner insurance premiums be escrowed with the monthly payment amount.

  • Other Penquis Services

    Are you interested in purchasing a home but feel as if you may not be ready? You can meet with a Housing Counselor to create a plan and improve your credit, while moving toward your goal of being a homeowner. Click Here to be connected with a Housing Counselor.

    Our parent agency, Penquis offers many programs to help individuals and families in need. You may be interested and eligible for other housing related services Penquis provides:

    We also offer the option of opening a savings account called a Family Development Account (FDA), to help with down payment assistance.