Step one will be to complete the employee affidavit mode certifying that ‘s the basic home youre seeking to pick inside forty miles regarding university. The fresh new treasurer’s work environment have a have a glimpse at the hyperlink tendency to prove eligibility and you may connect one an effective mortgage officer within participating lender of one’s employee’s going for. Shortly after an offer into the a house might have been approved, new participating lender will notify the treasurer’s workplace because top mortgage to the a property has been approved.
A lot of affairs, together with a severe construction shortage inside the Maine and better home loan prices, have combined to really make the local a residential property ecosystem extremely challenging for basic-day homebuyers.
A worker alone otherwise an employee with their spouse otherwise residential mate possibly out-of which haven’t used a primary home within 40 (40) miles out-of Bowdoin’s Brunswick university in the last five (5) many years. Read more