Assistance program · Maine
First Generation Program
Maine state agency mortgage with a rate 1% lower than its First Home mortgage and a $10,000 grant for the down payment and closing costs, with no second mortgage; for people who have never owned a home and never lived in a home their parents or guardians owned, or who were in foster care
At a glance
- Most it gives, per the source
- $10,000
- What its page says; your amount depends on the price and the loan.
- Kind of help
- Grant
- Grant you never repay
- First-time buyer?
- Yes
- First-time buyers only
- Minimum credit score
- 640
- The minimum the source asks for; a lender may ask for more.
- Checked
- November 5, 2026
- Against the program's official page.
Type of help
What it is
- Grant you never repay
What it gives
$10,000
Source text
Once a First Generation borrower has completed a Financial Literacy class and hoMEworks or MaineHousing approved Homebuyer education class, the First Gen option provides $10,000 toward the cash you need for closing. First Gen Applicants must make a minimum borrower contribution of 1% of the loan amount. … For the First Gen program, MaineHousing offers a zero-point mortgage option with a 1.00% discount on our already low First Home Loan interest rate. A summary of what the program publishes; not a loan offer or advice. Amounts, limits and funding change without notice.
At a glance
Who qualifies
Each answer comes from the program's page. "Not stated — ask" means its page doesn't make it clear: ask before you apply.
Source text
If you have not held an ownership interest in your principal home anytime during your lifetime, you qualify as a true first-time homebuyer for First Gen. At least one borrower must have either never lived in a home owned by their biological parents or legal guardians during the borrower's lifetime or at least one borrower is an individual who was in foster care at some point during their childhood. … You must have an acceptable credit history with a minimum credit score of 640. … First Gen Applicants must take a MaineHousing approved Financial Literacy class and a hoMEworks or MaineHousing approved Homebuyer Education Class prior to closing. - First-time buyers only Yes
- Homebuyer course required Yes
- Minimum credit score 640
- Income limit Per the program table (by county and household size)
- Price limit Per the program table
- Mortgages it works with Not stated — ask
- Immigration requirement Legal residence in the U.S., per the source
- Accepts ITIN? Not stated — ask
- Spanish materials Not stated — ask
- Program status The source does not say whether it is open — ask
- Where it applies All of Maine
What its page says about being open
Its page does not say whether the program is open or has funds. Ask the lender or the agency before counting on it. Read on the official page on November 5, 2026.
Your area in numbers
What buying costs in Maine
The program covers all of Maine. The first column is Maine's figure; the second runs from the lowest to the highest among its counties. Limits change by county: check yours.
The program sets its maximum price in a table. Compare it with the typical home value in Maine: $296,600.
The typical home value ($296,600) fits within Maine's FHA limit ($541,287).
The program sets its income limit in its own table. For reference, HUD's low-income limit for 4 people in Maine is $76,800.
| Figure | Maine | Lowest to highest | Source |
|---|---|---|---|
| Typical home value | $296,600 | $149,700 (Aroostook County) to $451,200 (Cumberland County) | U.S. Census Bureau |
| FHA limit (one-unit home) | $541,287 | $541,287 (Androscoggin County) to $615,250 (York County) | HUD |
| Conforming limit (one-unit home) | $832,750 | $832,750 in all 16 counties | FHFA |
| HUD low income (80%), household of 4 | $76,800 | $73,500 (Aroostook County) to $106,800 (Cumberland County) | HUD |
Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024) · FHA mortgage limits (HUD) (2026 data) · Conforming loan limits (FHFA) (2026 data) · Income Limits (HUD) (Fiscal year 2026)
Step by step
How to use it, step by step
Each step comes from what the program's page says. What its page leaves out is further down, in the questions.
Find a participating lender-
Ask first whether it is open
Its page does not say whether it is open or still has funds. That is the first thing to ask.
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Confirm you count as a first-time buyer
The program requires it. Read on its page how it defines "first-time buyer" and whether there are exceptions.
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Find your county in the income table
The limit changes with the county and the number of people in your household. Count the income of everyone the program asks you to add.
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Check your county's maximum price
The program sets a maximum price per county in its table.
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Take the homebuyer course
The program requires it. HUD-approved housing counseling agencies teach courses. Maine has 7 agencies on HUD's list, and 2 serve people in Spanish.
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Check your score: the published minimum is 640
That is the program's minimum; the lender may ask for more. If you are short, a housing counselor can explain how to raise it.
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Find a participating lender: state programs do not take applications directly; the lender reserves the assistance while processing your mortgage.
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Compare the total cost before you sign
Ask about the total cost. The mortgage with assistance may carry a higher rate than without it, and some programs charge for the course or a fee.
Before you call
What to ask
Its page leaves 4 points unclear. Write them down for when you talk to MaineHousing.
What its page does not say
- Is it open now, and does it still have funds?
- Which mortgage types does it work with: FHA, VA, USDA or conventional?
- Do you accept an ITIN?
- Do you have materials or staff in Spanish?
Worth asking for this kind of help
- Is there any case in which the grant has to be paid back?
Against the others
How it compares with Maine's other programs
The 2 programs we checked in Maine, with the same fields from their official pages. "Doesn't say" means its page does not make it clear.
It is one of 2 programs in Maine, out of 2, that require being a first-time buyer. It is one of 2 out of 2 that publish an amount with the figure in their own wording. One other program in the state also gives "grant" help: First Home Loan Program — Advantage. 2 of the 2 require a homebuyer course, this one included.
Swipe the table to see every column.
| Program | Kind of help | Published amount | First-time buyers only | Course required | Accepts ITIN | Where it applies |
|---|---|---|---|---|---|---|
| First Generation Programthis program | Grant | $10,000 | Yes | Yes | Doesn't say | Statewide |
| First Home Loan Program — Advantage | Grant | $5,000 | Yes | Yes | Doesn't say | Statewide |
Sources
How we checked this program
We read the program's official pages on November 5, 2026 and copied their text as it appears on them. We add no amounts or requirements those pages do not state, and a program is listed as open or closed only when its page says so.
We check every program again. If more than 180 days pass without a check, the page says so.
- mainehousing.orghttps://www.mainehousing.org/programs-services/homebuyer/homebuyerdetail/first-generation-program
- mainehousing.orghttps://www.mainehousing.org/docs/default-source/homeownership/first-generation/first-generation-program-summary.pdf?sfvrsn=54388115_9
- mainehousing.orghttps://www.mainehousing.org/docs/default-source/archive/homeownership-archive/home-mortgage-procedural-guide.pdf?sfvrsn=c05a8015_13
Get free help applying
A HUD-approved housing counselor explains the program's requirements, goes over your numbers and tells you what to ask the lender. They do not sell loans.
Find a counselor (HUD)Read before you apply
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Help and programs
Down payment assistance: how it works
What down payment assistance is, the types that exist (grant, forgivable or deferred second loan, tax credit), who qualifies and where to find it.
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Help and programs
Homebuyer education courses: when you need one
What a homebuyer education course is, when Fannie Mae, Freddie Mac and assistance programs require one, and where to take it for free or in Spanish.
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Help and programs
HUD housing counselors: what they do and what they cost
What a HUD-approved housing counselor does, what they help with (buying, renting, missed payments, credit), what they may charge and how to find one.
Your county
Price and income limits depend on the county. Your county page has the typical value, the FHA limit and the counseling agencies that can walk you through the application.