Bootcamp For Buyers

First Time Homebuyer Programs in Wisconsin

Wisconsin offers a range of first-time homebuyer programs through the Wisconsin Housing and Economic Development Authority (WHEDA). These programs provide financial assistance, competitive loan options, and valuable resources to help you achieve homeownership.

WHEDA Advantage

The WHEDA Advantage program offers affordable fixed-rate loans for eligible first-time buyers.

  • Provides 30-year fixed-rate mortgages with competitive interest rates.
  • Available for FHA, VA, USDA, and conventional loans.
  • Income and purchase price limits apply based on location and household size.

Easy Close Down Payment Assistance

The Easy Close program provides financial support for down payment and closing costs.

  • Offers a 10-year fixed-rate second mortgage for upfront costs.
  • Can cover up to 6% of the purchase price or $10,000, whichever is less.
  • Must be paired with a WHEDA first mortgage loan.

Capital Access Advantage

The Capital Access Advantage provides additional down payment assistance for eligible buyers.

  • Offers a 0% interest deferred loan of up to $3,050.
  • Repayment is deferred until sale, refinance, or payoff of the first mortgage.
  • Designed to complement WHEDA Advantage loans.

Wisconsin’s first-time homebuyer programs are tailored to make homeownership more accessible and affordable. Explore these opportunities to find the perfect fit for your needs and take the first step toward owning your dream home in the Badger State.