If you're buying a home in Maine, it's smart to plan ahead for closing costs, which typically range from 2% to 5% of the purchase price. For example, on a $300,000 home, you’d budget between $6,000 and $15,000 to cover fees like appraisal, title insurance, attorney services, lender fees, and prepaid taxes.

Maine home buyers have several mortgage options to fit different credit scores, income levels, and down payment needs. Here are the most common loan types:

• Conventional Loans – Popular for buyers with good credit; down payments as low as 3%.

• FHA Loans – Ideal for buyers with lower credit scores; 3.5% down payment.

• VA Loans – For eligible veterans and active-duty service members; no down payment required.

• USDA Loans – Offer 100% financing for rural and suburban homebuyers.

Maine is home to several top-performing public school districts known for excellent academics, strong parent ratings, and high student achievement.

• Orono (Regional School Unit No. 26 / MSAD 26) regularly earns the #1 ranking statewide for its strong academic reputation and tight-knit school community. 

• Cape Elizabeth Public Schools holds the #2 position in Maine, recognized for its supportive teachers and well-rounded curriculum.

• Yarmouth Schools ranks #3, praised for its community environment and strong extracurricular programs. 

• Falmouth Public Schools is ranked #4, noted for offering ample Honors and AP courses with a focus on student engagement.

• Scarborough Public Schools comes in at #5, with students and parents highlighting its solid academic quality and school culture. 

For detailed performance data, student outcomes, and school comparisons, visit the Maine School Report Card.