Business Details
23 Years
experience
Trusted Mortgage Solutions in Kennebunk, ME
Big Horizon Mortgage has been dedicated to providing exceptional mortgage services to residents of Maine since 2003. Our team specializes in residential lending, offering a comprehensive range of mortgage products tailored to meet individual needs. With a focus on eliminating bureaucratic hurdles, we guide clients through purchase, refinance, and reverse mortgage processes to deliver sensible loan solutions. Our reputation is built on decades of industry experience, personalized service, and a commitment to transparency. Sharron Eastman, our founder, brings over 20 years of expertise in mortgage planning, having navigated the industry through economic cycles while maintaining a client-first approach.We pride ourselves on leveraging relationships with national and local lending institutions to secure competitive rates and innovative solutions. Our services extend to first-time homebuyers, self-employed borrowers, and those seeking investment properties or specialized loan programs. By prioritizing clear communication and thorough documentation, we ensure a streamlined experience from pre-approval to closing. Our community involvement and professional certifications underscore our dedication to excellence in mortgage services.
Services
Fixed Rate Mortgages
Adjustable Rate Mortgages
Reverse Mortgages
Portfolio Loans
Condo Financing
Jumbo Loans
USDA Loans
FHA Loans
VA Loans
Condotel Financing
Details
- Year established: 2003
Highlights and features
- 20+ years of mortgage expertise serving Maine residents
- Access to diverse lending programs through multiple institutions
- Personalized reverse mortgage solutions for retirement planning
- Streamlined process with transparent documentation requirements
- Founder Sharron Eastman holds industry certifications and local market knowledge
Associations and certifications
- NMLS
- National Reverse Mortgage Lenders Association (NRMLA)
What people say
Most competent communicator
Trusted source for guidance
Smooth throughout process
Hassle-free experience
Reduced monthly payments
Services
Reverse Mortgages
Reverse mortgages allow homeowners aged 62+ to convert home equity into tax-free funds without monthly payments. Proceeds can cover retirement expenses, medical costs, or home improvements. Borrowers retain ownership while accessing flexible payment options.
Traditional Mortgages
We offer fixed and adjustable-rate mortgages for home purchases, refinancing, and investment properties. Our services include FHA, VA, USDA, and jumbo loan programs tailored to first-time buyers and experienced homeowners.
FHA Loans
FHA-insured loans provide low down payment options (as low as 3.5%) for qualified buyers. Ideal for first-time homebuyers or those with moderate credit histories, these loans offer competitive interest rates and flexible underwriting.
VA Loans
We specialize in VA-guaranteed loans for eligible military members and veterans. These loans offer 100% financing, no mortgage insurance requirements, and competitive rates to honor our service members' sacrifices.
USDA Loans
USDA Rural Development loans provide zero-down payment options for homes in eligible rural areas. These 100% financing programs target moderate-income borrowers seeking affordable homeownership opportunities in qualifying locations.
People
Sharron Eastman
Founder & Mortgage Broker
Sharron Eastman founded Big Horizon Mortgage in 2003 after 20+ years in real estate and mortgage industries. A certified reverse mortgage specialist, she helps Maine residents achieve homeownership and retirement goals through personalized solutions.
Questions
What mortgage options are available for first-time homebuyers?
We offer FHA loans with low down payments, VA loans for veterans, and USDA loans for rural properties. Our specialists provide personalized consultations to help first-time buyers navigate financing options.
Can I qualify for a reverse mortgage with existing home debt?
Yes, existing mortgages can be paid off using reverse mortgage proceeds. The remaining equity determines available funds. We help clients evaluate if this solution meets their retirement financial needs.
How does the mortgage application process work?
Start with a consultation to discuss goals and financial situation. We'll recommend suitable programs, explain documentation requirements, and guide you through pre-approval and closing processes using digital tools for efficiency.
Are there specialized mortgage programs for self-employed borrowers?
Yes, we offer tailored solutions for self-employed individuals, including bank statement loans and alternative documentation programs that accurately reflect income potential while meeting underwriting standards.
What areas do you serve?
We primarily serve Maine residents, with expertise in local market conditions. Our mortgage services extend statewide, including Kennebunk, Portland, Biddeford, and surrounding communities.
How can a reverse mortgage help with healthcare expenses?
Reverse mortgages provide tax-free funds that can cover medical bills, in-home care, or assisted living costs. Proceeds supplement retirement income while allowing homeowners to remain in their residences.
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