Construction and land loan specialists
As a primary lender of land loans and construction loans in Mid-Coast and Southern Maine, we understand the complexities of building projects and the need to be flexible when working with a builder. Your new home building project will be in good hands with Bath Savings.
First-time home buyer and affordable housing programs
We understand that becoming a first time home buyer can be as overwhelming as it is exciting. At Bath Savings, you’ll work with a friendly, experienced lender every step of the way. We’ll help you take advantage of financing opportunities and housing programs that can get you into a home of your very own.
Affordable housing programs
- Maine State Housing Loans*
- MSHA/Rural Housing Development (RHD)
- VA/FHA and other government programs
Home equity builder program
Our Equity Builder Program helps moderate and low income home buyers. Grants of up to $11,000 are available for everything from down payment and closing costs, to rehab costs associated with their purchase. We don’t charge a processing fee with this program. Plus, other fees are reduced or even waived.
This program is not restricted to first-time home buyers, but you may not own another home when you apply. Your household income must be at or below 80% of the area median income as defined by HUD. Schedule a meeting to learn more and see if you qualify.
* Maine State Housing loans are not serviced by Bath Savings.