MaineStream Finance

MaineStream Finance, a subsidiary of Penquis, is a Community Development Financial Institution (CDFI).  They offer educational and financial services for homeownership. They also offer assistance for individuals thinking of starting or growing a small business. 

They provide Maine residents with: training, counseling and loans to help start or grow a business as well as homebuyer education, home loans and down payment assistance.

Family Development Accounts

A Family Development Account or “FDA” is a savings account that you open at a local bank or credit union. For every dollar you save, The FDA Coalition matches it with four additional dollars. Your FDA savings can be used to buy a house, start or expand your business, or further your education.

Buying or Refinancing a Home

MaineStream Finance offers Homebuyer Education for first time homebuyers and loans for home owners and home buyers, including home loans, assistance with closing costs and down payment, home repair loans, energy efficiency improvements, and refinance options (NMLS #987271).

*Penquis also offers additional programs for homeowners such as weatherization, home audits and inspections, which can be found by clicking Housing.

Starting or Growing a Small Business

MaineStream Finance offers classes on starting or expanding a small business, they also offer  loans and technical assistance to start or expand a small business.




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