Scarborough Mortgage Broker: Your Local Home Loan Experts
Looking for a Scarborough mortgage broker? Lighthouse Mortgage Group arranges purchase, refinance and investment financing for homeowners and buyers throughout Scarborough, Maine and the surrounding Cumberland County towns. Scarborough is jumbo country. Most of the files we write here are above the conforming limit, and that changes which lenders and which programs actually work.
Scarborough Real Estate Market Insights
Zillow put the typical Scarborough home value at $705,594 as of June 30, 2026, down 1.1% year over year - a rare softening in an otherwise tight market. That figure sits above the $618,000 Cumberland County median (May-July 2026) and far above the $427,000 Maine median. In practical terms: a large share of Scarborough purchases need jumbo or high-balance financing rather than a standard conforming loan. [Maine Association of Realtors] [Zillow]
Investment Property Financing in Scarborough
Higgins Beach, Pine Point and Prouts Neck carry genuine seasonal rental demand, while the continuing redevelopment of the former Scarborough Downs site is adding a large mixed-use inventory of new housing. Both create financing situations that standard agency underwriting handles poorly and we handle routinely.
What Scarborough Buyers Should Know
Scarborough is the one Greater Portland market where the average value actually eased over the past year. For buyers that is an opening; for owners it is a reason to look hard at whether an appraisal will support the number a listing implies. Either way, a lender who knows the coastal comparables matters.
Why Choose Lighthouse Mortgage Group?
As a broker rather than a single lender, we shop your file across multiple wholesale lenders and bring you the program that actually fits - not the one product a bank happens to sell. We are licensed in Maine, based in Belfast, and we close loans in Scarborough and across Cumberland County.
Loan Programs We Offer in Scarborough
Conventional mortgages - competitive rates and flexible terms for qualified buyers.
FHA loans - lower down payment and more forgiving credit requirements for first-time buyers.
VA loans - no down payment and no monthly mortgage insurance for eligible veterans and active-duty service members.
Jumbo loans - financing above the conforming limit for higher-value Scarborough properties.
Refinancing - lower your payment, shorten your term, or access your equity.
DSCR investor loans - qualify on the property's rent instead of tax returns. Scarborough DSCR loans
Reverse mortgages (HECM) - for homeowners 62 and older. Scarborough reverse mortgages
Contact a Scarborough Mortgage Broker
Ready to buy or refinance in Scarborough, Maine? Call 207-218-1154 or toll free 1-800-507-0435, or send us a message. We will tell you what you qualify for before you start looking.
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Our Happy Clients
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"The loan for Jeremy Wadsworth went from submission to CTC in just 11 days - that's really fast! It was submitted on February 8, 2021 and received the CTC on February 23, 2021 with a rate of 2.73%! Great work Patrick Chandler and Lighthouse Mortgage Group,LLC!"
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"I can’t say enough about Pat. They really went above and beyond to get my loan refinanced. I had a huge problem with my credit report and they were able to clear it up with ease."
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"Pat Chandler was Very professional, charming and polite. Very direct and on time with everything. Hooked us up with a realtor who worked hard everyday to find us a property we liked. The whole experience has been fantastic."
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"Pat Chandler is an amazing person to work with! He's very knowledgeable and honest and he’s always available to answer any questions. We just recently closed on our first home and he helped guide us through the whole process. He made everything fall into place for us."
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"Patient and professional. Always answered the phone or quickly returned the call. Hel helped our family to get the home we’ve been wanting to buy for years!"
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"I cannot express how awesome it has been to work with Pat. He answered every question and went above and beyond to help us with this process!"
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" Pat was very helpful. He was very informative. He made himself available when we needed him. Which was very helpful to us due to our schedules, I recommend Pat to everyone I know."
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"This is the second time we have used Pat for our mortgage needs. He is a hard worker, and is easy to work with."
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"Pat was wonderful, he kept us up to date on what we needed and what was going on during the loan process. He was kind, friendly and helpful. I would highly recommend him to anyone needing help with on of the biggest decisions in life. Buying a home!!"