Make homeownership possible with Down Payment Assistance

Check Down Payment Assistance Programs in Wisconsin

Complete the short questionnaire above to determine which down payment assistance program is the best fit for your situation. A loan professional at Diamond Residential Mortgage Corporation will review the information you submit and guide you to the best loan solution.

Top Down Payment Assistance Programs in Wisconsin

After you select the best option for you, fill out our questionnaire, and let our loan professionals guide you through the process from start to finish.

With a WHEDA home loan, you can choose between the Advantage Conventional program and the Advantage FHA program

WHEDA Advantage Conventional

  • Property must be located in Wisconsin
  • Must be owner-occupied for the life of WHEDA loan
  • Do not have to be a first-time home buyer to utilize this program
  • Minimum credit score 620 or higher
  • 30-year Fixed
  • Single family residence, Condominiums, 2-4 Units. Manufactured homes (double-wide)
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WHEDA Advantage FHA

  • Property must be located in Wisconsin
  • Must be owner-occupied for the life of WHEDA loan
  • Do not have to be a first-time home buyer to utilize this program
  • Minimum credit score 640 or higher
  • 30-year Fixed
  • Single family residence, 2 Unit, HUD approved Condominiums
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WHEDA has 2 different options to pair with Conventional or FHA Loans

WHEDA Easy Close DPA

Conventional:

  • Minimum loan amount of $1,000
  • Maximum loan amount is 6% of the purchase price when partnered with a WHEDA Conventional first mortgage loan

FHA:

  • Minimum loan amount of $1,000
  • Maximum loan amount is 6% of the purchase price when partnered with a WHEDA FHA first mortgage loan
  • 10-year fixed rate second mortgage with monthly payment
  • Interest rate is same as first mortgage
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WHEDA Capital Access DPA

Conventional:

  • Minimum loan amount of $3,050
  • Maximum loan amount is greater of $3,050 or 3% of the purchase price when partnered with a WHEDA conventional loan

FHA:

  • Minimum loan amount of $1000
  • Maximum loan amount is greater of $3,050 or 3.5% of the purchase price when partnered with a WHEDA FHA loan
  • 30-year fixed rate mortgage
  • 0% Interest rate*
  • NO MONTHLY PAYMENTS!
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In addition to the statewide programs listed above, we may have additional city and county programs available. Please complete the form above so a loan professional can help guide you to the best available option.