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Making a Difference
WHEDA
The Wisconsin Housing and Economic Development Authority (WHEDA) is a state-funded program that offers below market fixed rate mortgages to first time home buyers. WHEDA loans are available to owner-occupied single family homes and condominiums, and owner-occupied duplexes and 3 to 4 unit properties.
WHEDA features and benefits:- Low down payment options (as low as 3%)
- Below market interest rates
- Down payment assistance
To qualify for a WHEDA loan:
- No primary residence ownership in past 3 years
- Your income level within WHEDA income limits
- The purchase price meets WHEDA price limits
- WHEDA offers a zero money down program. Ask your lender for details.
More information is available on the WHEDA website.
Find out why we're Ozaukee County's leading mortgage lender. Contact the Mortgage Team member closest to you to start your free pre-approval process now.
