Finance
Maine Housing's Advantage Loan program provides down payment and closing cost assistance to eligible Maine homebuyers in the form of:
AA grant that never needs to be repaid
BA second mortgage loan✓ Correct
CA reduction in the first mortgage rate
DA property tax credit
Explanation
Maine Housing's Advantage Loan provides down payment and closing cost assistance as a second mortgage loan to eligible first-time homebuyers, helping them meet upfront costs.
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