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Wisconsin Homeowner Down Payment Assistance Programs

$7,500

Housing & Homeownership
Wisconsin Homeowner Down Payment Assistance Programs

About the Programs

WHEDA offers several down payment assistance (DPA) programs in Wisconsin to help income-qualifying borrowers, typically requiring a minimum credit score of 640. The Easy Close DPA provides loans from $1,000 up to 6% of the purchase price (10-year fixed term), while the Capital Access Advantage offers up to $7,500 at 0% interest with no monthly payments. These programs are designed to cover down payments, closing costs, or mortgage insurance premiums.

Wisconsin DPA Programs

Below is the basic information on both of the DPA programs. This is meant to give you a cursory idea about WHEDA’s DPA options. The approved WHEDA Lender you choose will provide you with more detailed information during your loan process.

Both WHEDA Down Payment Assistance programs can be used with either WHEDA first mortgage program. In many instances, utilizing a WHEDA first mortgage and a WHEDA DPA will provide you with 100% financing.

  • Due to limited funding, reservations will be accepted on a first-come, first-served basis.
  • Funding is available for 78 Capital Access DPA loans.
  • Once available funds have been fully committed, the program will close until additional funding becomes available.
  • A property address is required for reservation of funds. Reservation is not available for pre-approvals.
  • Daily rate sheets will show a running tally of the reservations remaining.
  • WHEDA will inform our lending partners via Lender Update when funds are nearing depletion.
  • Updated Income and Purchase Price limits will be available on the Toolkit with an effective date of January 15, 2026.

Program Structures

| WHEDA Easy Close Advantage DPA | WHEDA Capital Access DPA |
| ------------------------------------------------------------------------------------------------------------------------------------------------------ | ------------------------------------------------------------------------------------------------------------------------------------------------------ |
| Conventional:Minimum loan amount of $1,000Maximum loan amount is 6% of the purchase price when partnered with a WHEDA Conventional first mortgage loan | Conventional:Loan amount of $7,500 |
| FHA:Minimum loan amount of $1,000Maximum loan amount is 6% of the purchase price when partnered with a WHEDA FHA first mortgage loan | FHA:Loan amount of $7,500 |
| 10-year fixed rate second mortgage with monthly paymentInterest rate is same as first mortgage* | 30-year fixed rate mortgage0% Interest rate*No Monthly Payments |
| Total Household Compliance Income limits apply based on WHEDA first mortgage | Has separate Total Household Compliance Income Limits which are generally lower |
| Can be followed by additional secondary financing as loan as it meets Fannie Mae (Conventional) requirement or HUD (FHA) requirementsMax HCLTV of 105% | Can be followed by additional secondary financing as loan as it meets Fannie Mae (Conventional) requirement or HUD (FHA) requirementsMax HCLTV of 105% |

Explore Communities Across Wisconsin

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