Mortgage Broker in York, ME

Serving York, Maine, and based in Beverly, Massachusetts, GoldCoast Mortgage is a local, independent mortgage broker licensed in Maine (license #CSO5794). We help buyers and homeowners across the southern Maine coast finance and refinance their homes, from the Kittery line up through York and beyond. A bank can only offer its own loans. As a broker, we shop your mortgage across many lenders and match it to the property and to you, which counts for more in a market as pricey and varied as York than it does almost anywhere.

And York is varied. It’s one of the most sought-after stretches of the Maine coast, really four places in one: the colonial center at York Village, the shingled estates of York Harbor, and the summer town of York Beach, with Long Sands, Short Sands, and the Nubble Light out on Cape Neddick. Prices here run among the highest in the state. Whether you’re weighing a shingled cottage above Long Sands, a colonial in the Harbor, or a contemporary out at Cape Neddick, we line up financing that fits the home.

Where York Prices Stand in 2026

Here’s the lay of the land on cost.

Sources: Zillow / Redfin / Movoto sale data and Town of York 2025/2026 tax data. We refresh these every quarter.

When the Price Means a Jumbo Loan

York’s median sits right around a million dollars, which puts a lot of purchases here past the conforming limit. That limit is the biggest loan the government-backed programs will buy, and in Maine it’s $832,750 for a single-family in 2026. Go above it and you’re into a jumbo loan, which is simply a mortgage too large for those programs. Jumbo lending has its own rules: bigger down payments, tighter credit and reserve requirements, and more scrutiny of your income and assets. Lenders price jumbos differently from one another, sometimes by a wide margin, so shopping the loan matters more here than almost anywhere. Because we work with many lenders, including ones that hold jumbo loans on their own books, we can find the structure that fits a high York price.

Second Homes and Summer Rentals

A good share of York changes hands as a second home or a summer place, and financing one of those isn’t the same as financing where you live full time. A second-home loan usually asks for a larger down payment and carries a slightly higher rate than a primary residence. If you plan to rent the place out when you’re not using it, that can push the loan into investment-property territory, which changes the terms again. We’ll sort out which category your plans put you in before you make an offer, so the numbers you’re working from are the real ones.

The Beaches, the Nubble, and the Flood Map

York’s flood risk tracks its shoreline: Long Sands, Short Sands, York Harbor, the Cape Neddick River, and the low ground around the Nubble. FEMA maps coastal zones along those areas, and some oceanfront parcels fall in high-hazard zones where the water moves with force. A federally backed loan on a home in a mapped zone requires flood insurance, and that premium belongs in your budget from the start. We pull the determination on your specific address before you offer. The map below shows the corridor.

Pan and zoom the live FEMA flood map over York ME above. For an official determination on a specific address, look it up on FEMA’s map service center, or just send us the address and we’ll check it for you.

Run Your York Closing Costs

York taxes homes at $8.12 per $1,000 (FY2027), and a lender typically collects about four months of that at closing to open your escrow. The calculator adds the York County Registry recording fees and the Maine transfer tax on any price you type.

York, ME Mortgage Questions, Answered

Will I Need a Jumbo Loan to Buy in York?

Often, yes. When the price tops Maine's $832,750 single-family limit, the loan becomes a jumbo, which carries its own down-payment and reserve rules. We shop jumbos across many lenders to find the best fit.

Can You Finance a Second Home or a Summer Rental Here?

We can. A second home and a rental finance differently from a primary residence, with different down payments and terms. We'll tell you which applies to your plans before you bid.

Do I Need Flood Insurance in York?

On oceanfront and near the harbor and rivers, often yes, since those are mapped coastal zones. Higher inland ground frequently isn't. We confirm the determination on your exact address before you offer.

How Fast Can You Close on a York Home?

A clean purchase usually closes in about three to four weeks once you're under contract. A jumbo or a waterfront property with a flood review can add a few days, and we start that early. We keep it tight.