Down Payment Assistance Programs

Knowing what's available is the first step

State Programs 

  • MaineHousing (MSHA) 
    • Making homeownership more affordable for Maine residents. 
      • Down payment and/or closing cost assistance up to $14,000 (amount is determined by the number of units) 
      • Programs available for first-time homebuyers, first-generation homebuyers, active/retired military personnel, and veterans. 

For available homebuyer education courses through hoMEworks click here.

  • New Hampshire Housing (NH Housing) 
    • Making homeownership more affordable for New Hampshire residents. 
      • Down payment and/or closing cost assistance up to $25,000 
      • Programs available for first-time homebuyers & first generation homebuyers 

For available homebuyer education courses through HomeView click here.

  • Massachusetts Housing Finance Authority (MassHousing) 
    • Making homeownership more affordable for Massachusetts residents. 
      • Down payment and/or closing cost assistance up to $30,000 
      • Programs available for first-time homebuyers. 

For available homebuyer education courses through MassHousing click here.
 

Local Programs & Additional Resources 

 

Home Equity 

  • Utilize the equity in your existing home to purchase another property 
  • For more information on our Equity products click here.

Have More Questions?

Our highly experienced and knowledgeable mortgage lenders at Bangor Savings Bank have helped many of our customers find the perfect home mortgage to fit their needs. If you are looking to purchase a home, we can help!

Contact Us
1Programs are available at certain times of the year. Funds are limited and are on a first-come, first-serve basis.