★★★★★
"If you're looking for a mortgage, Seth Jacobs should be your go-to. He is knowledgeable, responsive, and an overall great point of contact during the whole process."
Lee W.
Albion, ME · USDA Loan · First-time buyer
Verified on Zillow
Seth Jacobs | NMLS #249610
Buy a Home in Maine with $0 Down Payment
USDA Rural Development loans offer 100% financing for eligible Maine homebuyers. No down payment, low rates, and reduced mortgage insurance.
No Down Payment
Low Interest Rates
Reduced MI vs. FHA
Maine USDA Income Limits by County
Your total household income must be at or below these limits to qualify for a USDA RD home loan.
| County | 1-4 Person Household | 5-8 Person Household | Area Loan Limit |
|---|---|---|---|
| Androscoggin | $119,850 | $158,250 | $398,600 |
| Aroostook | $119,850 | $158,250 | $398,600 |
| Cumberland Portland Metro | $128,650 | $169,800 | $398,600 |
| Franklin | $119,850 | $158,250 | $398,600 |
| Hancock | $119,850 | $158,250 | $398,600 |
| Kennebec | $119,850 | $158,250 | $398,600 |
| Knox | $119,850 | $158,250 | $398,600 |
| Lincoln | $119,850 | $158,250 | $398,600 |
| Oxford | $119,850 | $158,250 | $398,600 |
| Penobscot | $119,850 | $158,250 | $398,600 |
| Piscataquis | $119,850 | $158,250 | $398,600 |
| Sagadahoc Portland Metro | $128,650 | $169,800 | $398,600 |
| Somerset | $119,850 | $158,250 | $398,600 |
| Waldo | $119,850 | $158,250 | $398,600 |
| Washington | $119,850 | $158,250 | $398,600 |
| York Portland Metro | $128,650 | $169,800 | $398,600 |
USDA Payment Estimator
See what your monthly payment could look like with a USDA Rural Development loan.
Estimate Your Payment
Current Avg Rate: ~5.99% (Apr 2026)
$1,847
Estimated Monthly Payment
Principal & Interest$1,497
USDA Annual Fee (0.35%)$74
Property Tax$250
Homeowner's Insurance$100
USDA Upfront Guarantee Fee: 1.0% of the loan ($2,500 on a $250,000 loan). This fee can be financed into the loan amount and is included in the P&I calculation above.
Payment estimates are for illustrative purposes only and do not constitute a loan offer or commitment. Actual payments may vary based on credit profile, property location, and current market conditions. Contact LeaderOne Financial for a personalized quote.
How It Works
Four simple steps to homeownership with USDA financing.
1
Check Eligibility
Verify your income and property location meet USDA guidelines for Maine.
2
Get Pre-Approved
Submit your information and our team will review your qualifications quickly.
3
Find Your Home
Shop for homes in USDA-eligible areas across Maine with confidence.
4
Close & Move In
We handle the USDA approval process and get you to the closing table.
Why USDA Home Loans?
Discover the advantages of USDA Rural Development financing for Maine homebuyers.
100% Financing
No down payment required. Finance the entire purchase price of your home.
Lower Mortgage Insurance
USDA annual fee is just 0.35% — significantly less than FHA's 0.85% MIP.
Competitive Rates
USDA loans often offer rates below conventional mortgages due to the government guarantee.
Flexible Credit
Credit score requirements are more lenient than conventional loan programs.
Rural & Suburban
Many Maine towns and suburbs qualify — it's not just farmland. Check your area's eligibility.
Seller Concessions
Sellers can contribute up to 6% toward your closing costs, reducing out-of-pocket expenses.
Ready to Apply? Start Your Application Now
Already know USDA is right for you? Skip ahead and start your secure application through LeaderOne Financial's HomeHub portal. It only takes a few minutes.
Start My ApplicationSecure portal powered by LeaderOne Financial | NMLS #12007
What Maine home buyers are saying
161+ verified 5-star reviews across Zillow, Birdeye, Google, and Facebook
★★★★★5.00on Zillow (34)·★★★★★4.9on Birdeye (161)·36 Google reviews
★★★★★
"Seth and Courtney were not only able to make our home purchase an easy process, they were amazing to work with, and were able to lock in a low rate while the market was incredibly unstable. I wouldn't hesitate to give them my highest recommendation."
Nolle
Newcastle, ME · Purchase · Closed May 2025
Verified on Zillow
★★★★★
"My financial situation can be confusing since I own my own business and most people would struggle to give the right advice. Because of his experience and knowledge, Seth was able to make it happen."
M. Tremblay
Auburn, ME · FHA · Self-employed · First-time buyer
Verified on Zillow
★★★★★
"Seth was amazing to work with. He was easy to talk to, very responsive and helped to quickly secure the financing I needed. I felt like he was genuinely invested in seeing me succeed."
Nicole
Wilton, ME · Purchase · Sept 2022
Verified on Zillow
★★★★★
"I had my first mortgage experience with Seth and he made it so easy it was actually enjoyable. Very responsive and answered all my questions. He will surely be my first call for any future home financing needs."
Grant Olsen
Jefferson, ME · Refinance · Feb 2021
Verified on Zillow
★★★★★
"Seth is very knowledgeable and made the buying process very easy! The main reason we got our house is because of his extensive knowledge of the market and the loan process coupled with his ability to come up with a quick solution when needed."
Darine G.
Lewiston, ME · FHA · First-time buyer
Verified on Zillow
Do you qualify? Check in 30 seconds.
Enter your county, household size, and income — get an instant USDA eligibility answer. No email required.
Check My Eligibility →Maine USDA Home Loan Resources
Everything you need to know about buying a home in Maine with USDA financing.
First-Time Home Buyer Programs
Maine grants, MaineHousing Advantage ($5K–$14K), and $0 down USDA options for 2026.
USDA Eligible Counties
See which Maine counties qualify — nearly 99% of the state is eligible for USDA loans.
USDA Income Limits
2026 income limits by county and household size. Find out if your household qualifies.
USDA vs. FHA Loans
Side-by-side comparison — see which loan saves you more on a Maine home purchase.
USDA Income Calculator
Check eligibility instantly — enter your county, household size, and income to see if you qualify.
USDA Appraisal Process
Top 5 things to know about USDA Rural Development mortgage appraisals — what inspectors look for.
USDA Loans by Maine County
Nearly 99% of Maine qualifies. Pick your county for local eligibility details, major towns, and 2026 income limits.