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The one-story homes will be sold - net of the assistance listed above - for a sale price of $220,000.
A minimum downpayment of 1% will be utilized to pay the upfront cost of mortgage insurance. And closing costs are likely to exceed the MaineHousing assistance by about $1,000. Thus, homebuyers will have to demonstrate to the lender that they have at least $3,100 in available cash for closing. Additional downpayments can be utilized to reduce the mortgage below $220,000 if desired and available.
The one-story homes will be sold - net of the assistance listed above - for a sale price of $220,000.
A minimum downpayment of 1% will be utilized to pay the upfront cost of mortgage insurance. And closing costs are likely to exceed the MaineHousing assistance by about $1,000. Thus, homebuyers will have to demonstrate to the lender that they have at least $3,100 in available cash for closing. Additional downpayments can be utilized to reduce the mortgage below $220,000 if desired and available.
The one-story homes will be sold - net of the assistance listed above - for a sale price of $220,000.
A minimum downpayment of 1% will be utilized to pay the upfront cost of mortgage insurance. And closing costs are likely to exceed the MaineHousing assistance by about $1,000. Thus, homebuyers will have to demonstrate to the lender that they have at least $3,100 in available cash for closing. Additional downpayments can be utilized to reduce the mortgage below $220,000 if desired and available.
Important Information
Important Information
Homes for the Holidays!
The spirit of the holidays was in the air at The Boathouse on December 10th as over 150 people gathered to celebrate together. 12 raffle boxes were won, house parts were sold, carols were sung and bellies were full as guests dined on a delicious dinner prepared by by Chef John Shaw.
With grateful hearts we thank our sponsors- Kennebunk Savings, The Boathouse Waterfront Restaurant, Kennebunk Center for Dentistry, and Mann Memorial Veterinary Clinic.
Together we raised over $15,000 dollars which will go directly towards helping us build our community by creating 25 new, permanently affordable, year-round homes by 2025 in Kennebunkport.
Check out these amazing photos by Shelby Marie Whitehouse at SMWphoto
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