Maine State Housing Advantage Down Payment Program

Maine State Housing Authority

Available Down Payment

About This Program

Maine State Housing Advantage Down Payment Program is available in South Portland, ME.

MaineHousing's Advantage program provides down payment and closing cost assistance (up to $40,000) as a deferred second mortgage. Available to first-time homebuyers and repeat buyers purchasing in designated target areas. No monthly payment; repaid when home is sold.

Average down payment assistance for qualifying buyers

Official program page checked live on 2026-06-22.

Data last verified 2026-06-09. How we verify our data.

In South Portland, ME, you can combine this program with other local help to cut your cost:

Key Details

  • Down payment assistance up to $40,000
  • Deferred payment loan, no monthly payment
  • First-time buyers and repeat buyers in target areas
  • Income limits apply (varies by county)
  • Must complete homebuyer education course

How to Apply

A grant-savvy contractor in South Portland, ME can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Your application paperwork

Documents you will likely need

  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • Household income proof (recent pay stubs, last year's tax return, or benefit award letters for everyone in the home).
  • The program's own application form, completed (use the official link or phone number on this page).

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Applications accepted year-round

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

Email us about this program

Frequently asked questions

How much can Maine State Housing Advantage Down Payment Program provide in South Portland, ME?

Up to $40,000 down payment assistance.

How do I apply for Maine State Housing Advantage Down Payment Program in South Portland, ME?

Apply directly with Maine State Housing Authority using the official program link on this page or call (800) 452-4668. There is no middleman and no fee.

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Find More Programs in South Portland, ME

This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

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