Maine forecloses mortgages by civil action in court, and the statute sets a 90 day redemption period after judgment for mortgages made since October 1, 1975. Lien claimants have 90 days to file, which is relevant when a project is funded in draws. The Maine Geological Survey also documents storm surge and sea-level rise as the main coastal hazards.
World's Fair Capital makes business purpose loans to real estate investors in Maine: fix and flip, DSCR rental, bridge and ground-up construction. This page covers points that most often matter to an investor there, each checked against the statute or agency that publishes it. It is general information, not legal or tax advice, and terms for any loan are set at underwriting.
Prepared by the WFC editorial team. Facts checked against the cited sources, last reviewed 2026-10-11.
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How a Maine loan works with us
- 1Start your application
Fill out a short application in our secure portal.
- 2Review the term sheet
We prepare a term sheet for you to review and e-sign.
- 3Underwriting
Our team works the file and sends a clear document checklist.
- 4Closing
We close and fund through the title or closing agent.
What investors should know about Maine
Foreclosure by civil action
Maine foreclosures proceed by a civil action in Superior or District Court after breach of a mortgage condition.
Source: 14 M.R.S. s. 6321, checked 2026-10-11
90 day redemption period
For mortgages executed on or after October 1, 1975, the period of redemption is 90 days from the date of the foreclosure judgment.
Source: 14 M.R.S. s. 6322, checked 2026-10-11
Mortgage forms
Maine statute says mortgages of real estate include those in the usual form and those made by an absolute-looking conveyance with a separate instrument of defeasance.
Source: 33 M.R.S. s. 501, checked 2026-10-11
Mechanic's lien: 90 days to file
A lien under the Maine statute is dissolved unless the claimant files a sworn statement with the register of deeds within 90 days after ceasing to work or furnish materials. The section does not apply to labor or materials furnished by contract with the owner.
Source: 10 M.R.S. s. 3253, checked 2026-10-11
Storm surge on the coast
The Maine Geological Survey identifies storm surge, sea-level rise, erosion and inlet migration as the major coastal hazards, with flooding greatest when surge coincides with spring or perigean high tides.
Source: Maine Geological Survey, Coastal Hazards, checked 2026-10-11
General information, not legal or tax advice. Confirm details with your own counsel or title agent.
For brokers
Placing a deal in Maine?
Your client stays your client. We work the deal with you, not around you.
Your compensation is written into the Letter of Intent your client reviews and e-signs, before underwriting begins.
Register in the portal to submit deals online, use program sheets and calculators, and track every file.
Questions on a Maine deal? Call 800-590-7911 (Mon–Fri 8:00 AM – 5:00 PM EST).
What to send for a first look
- Property address and type
- Purchase price, or current value on a refinance
- Loan amount requested and what it is for
- Rehab or construction budget, if any
- Current or expected rent on a rental
- The borrower's experience and estimated credit score
- Your timeline to close
Loan programs for Maine investors
- Hard Money Loans
- Fix & Flip Loans
- Rental / DSCR Loans
- Ground-Up Construction Loans
- Commercial Bridge Loans
- Multifamily Bridge Loans
- Small Balance Commercial Loans
- Foreign National Loans
- FlexCap Business Bridge Loans
Program availability varies by property and borrower. Business purpose loans only.
Have a deal in Maine?
Call 800-590-7911 (Mon–Fri 8:00 AM – 5:00 PM EST) or start online.
Nothing on this website constitutes a commitment, approval, or guarantee of financing.
Rates, fees, terms, timelines, and program descriptions are subject to change without notice.
Any investor-related or capital discussion is not an offer to sell, a solicitation to buy, or a recommendation of any security or investment product.