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There are 14,570 USDA backed residential loans in Maine with an average loan balance of $118,074. Over 84% of the loans went to help first time home buyers. Borrowers were an average age of 37 years old. The typical appraised home value was around $124,168. On average the rural home size purchased with this loan was approximately 1,335 square feet.
The size of Maine is roughly 91,633 square kilometers. USDA defined regions of rural loan ineligibility in Maine cover 922 square kilometers of the state. See the interactive geographic illustration below for more details. A mere 1.01% of the state is ineligible for traditional USDA home loans.
Select from the list of counties below or use the search feature to find houses in a city where you would like to live.
Search 16 Counties of Maine
Androscoggin • Aroostook • Cumberland • Franklin • Hancock • Kennebec • Knox • Lincoln • Oxford • Penobscot • Piscataquis • Sagadahoc • Somerset • Waldo • Washington • York
A USDA loan is a mortgage option available to eligible homebuyers that is sponsored by the United States Department of Agriculture to promote homeownership in rural communities. USDA Loans, sometimes called "RD Loans," offer 100% financing options on eligible rural properties. USDAProperties can help you find USDA Properties throughout the state of Maine.
Maine was admitted into the United States on March 15th, 1820 where the state capitol today resides in Augusta.
Maine State Motto: Dirigo: I direct
The USDA Rural Development staff are dedicated to assisting rural Maine communities through housing, business, and community programs. Their mission is to increase economic opportunity and improve the quality of life for all rural Americans. Rural Development has a State Office located in Bangor, and Area Offices located in Presque Isle, Bangor, Lewiston, and Scarborough.Featured Properties from USDA Loan Eligible Regions of Maine
Hours of operation are Monday through Friday, 8:00 a.m. - 4:30 p.m.
967 Illinois Avenue Suite 4
Bangor ME 04401-2767
Phone: (207) 990-9160
Fax: (855) 589-1060
TDD/TTY: (207) 942-7331