MaineHousing

Maine State Housing Authority Loan

This mortgage is offered by the Maine State Housing Authority to help residents become homeowners. These loans typically have low fixed interest rates and various options, including low or no down payment choices. For those who qualify based on income criteria, MaineHousing loans can also provide assistance with closing costs and down payments, making homeownership more accessible for individuals and families in Maine. Additionally, these loans often include payment protection for situations like unemployment.
Start Your Financing Journey with CUSO

Contact us at 800-360-2876 to start your financial journey with CUSO. We’re here to assist you in understanding your mortgage and refinance options while ensuring you feel secure in your decisions. Fill out the form to get started.

Conventional Fixed Rate

Whether you’re a first-time homebuyer or looking to refinance, our conventional loans provide you with the stability and flexibility you need. With competitive rates and customizable terms, you’ll find the perfect fit for your financial journey. Our team of experts is dedicated to walking you through every step, making the process easy to understand and stress-free.

VA Loans

Backed by the U.S. Department of Veterans Affairs, VA loans are available to eligible veterans, active-duty service members, and certain members of the National Guard and Reserves. These loans often require no down payment and offer favorable terms, making homeownership more accessible to those who have served our country.

MaineHousing

This mortgage is offered by the Maine State Housing Authority to help residents become homeowners. These loans typically have low fixed interest rates and various options, including low or no down payment choices. For those who qualify based on income criteria, MaineHousing loans can also provide assistance with closing costs and down payments, making homeownership more accessible for individuals and families in Maine. Additionally, these loans often include payment protection for situations like unemployment.

CU Promise and Business Lending Solutions

The CU Promise Loan, offered in partnership with our affiliated credit unions, is a specialized mortgage solution from CUSO Home Lending. It provides flexible terms and competitive rates, making homeownership more accessible.

Business Lending Solutions offers tailored financing options to support various business needs. These solutions can include commercial real estate loans, equipment financing, lines of credit, and more, helping businesses grow and succeed with financial support from a trusted partner.

Refinance

Considering refinancing your mortgage? Trust CUSO to guide you through the process and find the best terms tailored to your financial goals. Refinancing is a good option if you:

FHA Loans

A Federal Housing Administration (FHA) loan is designed to help first-time homebuyers and those with lower credit scores achieve homeownership. With a lower down payment requirement and more flexible qualification criteria, FHA loans make purchasing a home more accessible.

Rural Housing Loans (USDA)

USDA loans, or Rural Housing Loans, offer a chance for individuals and families to purchase homes in eligible rural areas. These areas are generally located outside urban centers, and the loans come with benefits such as lower interest rates and flexible credit requirements. Specific income limits based on household size and location apply, ensuring the program targets those who may not qualify for traditional mortgages.

New Construction Loans

These loans provide the money needed to cover things like buying the land, purchasing materials, and paying for construction expenses. The loan is given in stages as the building work goes along. Once the home is finished, the loan automatically rolls into permanent financing. These loans are made to fit the unique needs of building a new home and are different from regular home loans.

1098’s will be mailed by January 29th. Your 1098 is also available for download via the digital portal.