First time home buyer loans offer many new home buyers low down payment or no down payment options. Merrimack Mortgage, a Maine mortgage lender and mortgage broker, offers a wide variety of first time homebuyer loans for first time home buyers with low mortgage rates throughout Maine, New Hampshire, Vermont, Massachussetts, Rhode Island and Connecticut.

Being a first time home buyer does not have an overwhelming experience.  We understand the excitement and concerns that can be part of your first new home purchase. We work with you in determining which first time homebuyer loan program best meets your mortgage needs. Working with first time homebuyers is our specialty and you will find this site to be one of the most informative and useful sites on the internet for first time homebuyer loans.
 

These first time homebuyer loans offer home ownership with no money down or zero down, few, or no up-front costs and low Maine mortgage rates. Whether its 100% no money down home loan, interest only mortgage loan or an FHA home loan, we can help. We even have first time buyer programs that have no out of pocket closing costs!

We have many first time homebuyer loans available. Use our mortgage lender site as a resource for educating yourself on basic mortgage terms and mortgage questions. Click on mortgage tools on the bottom navigation bar.

As a first time homebuyer, do not be discouraged if your credit is less than perfect! Merrimack Mortgage is both a mortgage lender and broker offering nearly 300 loan programs from 65 mortgage lenders. We are a locally owned mortgage broker and mortgage lender offering low mortgage rates throughout Maine, New Hampshire, Vermont, Massachusetts, Rhode Island and Connecticut