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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
OR
Landon Woods Homes Coming Soon!
We are excited to announce our next neighborhood, Landon Woods! We are partnering with PATCO Homes as the builder and couldn't be happier with the classic farmhouse design that includes a single-story, two-bedroom home and a two-story, three-bedroom home. These homes will be located on Ruths Way, a new road named after Ruth Benson Landon, off of Beachwood Avenue in Kennebunkport, ME.
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Construction is underway and will be sold in early 2026.
Cardinal (1 Story)
&
Oak (2 Story)
Finch (1 Story)
&
Pine (2 Story)
Chickadee (1 Story)
&
Birch (2 Story)
These homes have been awarded subsidy from MaineHousing and will be sold for no more than $378,000 to households earning no more than $110,240 annually.
The Neighborhood Housing Trust aims to give low to moderate income households the opportunity of home ownership. Landon Woods is a six-home subdivision on Beachwood Avenue in Kennebunkport, ME.​​
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The application period is now closed.
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Questions? Please email Larissa Crockett at LCrockettnht@gmail.com
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