FIRST TIME HOME BUYER PROGRAMS WISCONSIN

FHA First Time Home Buyer Programs have been helping WISCONSIN residents since 1934 

 

FIRST TIME HOME BUYER PROGRAMS WISCONSIN

A knowledgeable & licensed Wisconsin 'First Time Home Buyer Program' Specialist can offer you a better loan including:

  • Low down payments (if any)

  • 24 Hour Pre-Approval

  • Low closing costs

  • Easier credit qualifying

  • Access to many of the unique

    State Specific Federal Government Backed Programs that may be available to Wisconsin First Time Buyers.

Wisconsin First Time Home Buyer Loan

If you’re buying your first home, then this is the perfect place to start. And don't fear: We have the first time home buyer specialist that answer all the questions you want to ask, — and, those you haven't thought of yet.  home easier and less expensive than any other types of real estate mortgage home loan programs.

Buy a home in Wisconsin with help from a Family Member

When buying a home, almost every lender will want to know where your down payment came from. If someone in your family is helping you with that down payment, it is called a Gift of Equity, a special FHA loan program.

Wisconsin USDA Home Loan

If you live in a small town, rural area or farmlands situated in a location approved by USDA Rural Development, you may be able to purchase a home with up to 100% financing. The United States Department of Agriculture (USDA) were designed to encourage rural development, meaning city homes are excluded. United States Department of Agriculture (USDA) sets lending guidelines for the program, which is why it can feel confident in your home financing decisions with step-by-step guidance from an experienced USDA Mortgage Banker.

 

Buying a 'Fixer Upper' in Wisconsin & Adding Additional Funds for Home Improvements

An FHA 203K Purchase and Rehab Loan can work in this situation. The 203K has many advantages. Put simply it is a mortgage insured by FHA that allows a home buyer to add rehab funds into a mortgage.

VA Veterans Home Loans in Wisconsin

The VA Home Loan is a Federal Program designed for United States Armed Forces, Military Retiree, Veterans, National Guard and Reservists, as well as Spouses.

Wisconsin Construction Home Loan

At last, a single loan that lets borrowers finance the construction of their home. You can even 'bundle the purchase of the land' land with your construction loan under what is called the 'One Time Close' loan. Guidelines for this program, can be found by clicking here: 'FHA Construction Loan Programs'  or here: 'VA Construction Loan Programs'

Buying a 2 Family or 3 Family Investment Property in Wisconsin

You can buy from a duplex residence all the way up to a 4 unit home with a Government Backed FHA Loan , as long as the property is owner occupied. .

WISCONSIN FHA Home Loan

How it works:

 

√    Determine the type of FHA Government Loan that best fits your needs.

 

√       Complete an easy 2 minute application form.

 

√    We will forward your application to one and only one  FHA Approved Lender who can best help you based upon:

 

  • The type of loan you requested

  • Your down-payment (if purchase loan)

  • The location (State) your property is located

  • Your credit history

  • The best rate available for your loan

 

√    An FHA Loan Specialist will respond within 1 business day. They will explain what type of loan you are approved for, and the options available to you. 

 

√    Immediately that same day, the FHA Lender will overnight your pre-approval letter to you.

 

√    Review with no obligations your FHA Loan Pre-approval and locked rate. 

 

Note- It is very important that you keep this letter. It is your official pre-approval on bank letterhead with your 'locked rate', and if purchasing a house, it is equally important that you present this letter to the real estate agent to confirm your pre-qualification status.              

WISCONSIN FHA Lending Limits 2017

WISCONSIN Median Home Sale Price Price $164,900

 

County Name Single Duplex 3 Unit 4 Unit
ADAMS $275,665 $352,950 $426,625 $530,150
ASHLAND $275,665 $352,950 $426,625 $530,150
BARRON $275,665 $352,950 $426,625 $530,150
BAYFIELD $275,665 $352,950 $426,625 $530,150
   NON-METRO
BROWN $275,665 $352,950 $426,625 $530,150
   GREEN BAY, WI
BUFFALO $275,665 $352,950 $426,625 $530,150
BURNETT $275,665 $352,950 $426,625 $530,150
CALUMET $275,665 $352,950 $426,625 $530,150
   APPLETON, WI
CHIPPEWA $275,665 $352,950 $426,625 $530,150
   EAU CLAIRE, WI
CLARK $275,665 $352,950 $426,625 $530,150
COLUMBIA $286,350 $366,550 $443,100 $550,650
   MADISON, WI
CRAWFORD $275,665 $352,950 $426,625 $530,150
   NON-METRO
DANE $286,350 $366,550 $443,100 $550,650
   MADISON, WI
DODGE $275,665 $352,950 $426,625 $530,150
   BEAVER DAM, WI
DOOR $275,665 $352,950 $426,625 $530,150
DOUGLAS $275,665 $352,950 $426,625 $530,150
   DULUTH, MN-WI
DUNN $275,665 $352,950 $426,625 $530,150
   MENOMONIE, WI
EAU CLAIRE $275,665 $352,950 $426,625 $530,150
   EAU CLAIRE, WI
FLORENCE $275,665 $352,950 $426,625 $530,150
   IRON MOUNTAIN, MI-WI
FOND DU LAC $275,665 $352,950 $426,625 $530,150
   FOND DU LAC, WI
FOREST $275,665 $352,950 $426,625 $530,150
GRANT $275,665 $352,950 $426,625 $530,150
   PLATTEVILLE, WI
GREEN $286,350 $366,550 $443,100 $550,650
   MADISON, WI
GREEN LAKE $275,665 $352,950 $426,625 $530,150
IOWA $286,350 $366,550 $443,100 $550,650
   MADISON, WI
IRON $275,665 $352,950 $426,625 $530,150
JACKSON $275,665 $352,950 $426,625 $530,150
JEFFERSON $275,665 $352,950 $426,625 $530,150
   WATERTOWN-FORT ATKINSON, WI
JUNEAU $275,665 $352,950 $426,625 $530,150
KENOSHA $365,700 $468,150 $565,900 $703,250
   CHICAGO-NAPERVILLE-ELGIN, IL-IN-WI
KEWAUNEE $275,665 $352,950 $426,625 $530,150
   GREEN BAY, WI
LA CROSSE $275,665 $352,950 $426,625 $530,150
   LA CROSSE-ONALASKA, WI-MN
LAFAYETTE $275,665 $352,950 $426,625 $530,150
LANGLADE $275,665 $352,950 $426,625 $530,150
LINCOLN $275,665 $352,950 $426,625 $530,150
   MERRILL, WI
MANITOWOC $275,665 $352,950 $426,625 $530,150
   MANITOWOC, WI
MARATHON $275,665 $352,950 $426,625 $530,150
   WAUSAU, WI
MARINETTE $275,665 $352,950 $426,625 $530,150
   MARINETTE, WI-MI
MARQUETTE $275,665 $352,950 $426,625 $530,150
MENOMINEE $275,665 $352,950 $426,625 $530,150
   SHAWANO, WI
MILWAUKEE $299,000 $382,750 $462,650 $575,000
   MILWAUKEE-WAUKESHA-WEST ALLIS, WI
MONROE $275,665 $352,950 $426,625 $530,150
OCONTO $275,665 $352,950 $426,625 $530,150
   GREEN BAY, WI
ONEIDA $275,665 $352,950 $426,625 $530,150
OUTAGAMIE $275,665 $352,950 $426,625 $530,150
   APPLETON, WI
OZAUKEE $299,000 $382,750 $462,650 $575,000
   MILWAUKEE-WAUKESHA-WEST ALLIS, WI
PEPIN $275,665 $352,950 $426,625 $530,150
PIERCE $332,350 $425,450 $514,300 $639,150
   MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI
POLK $275,665 $352,950 $426,625 $530,150
PORTAGE $275,665 $352,950 $426,625 $530,150
   STEVENS POINT, WI
PRICE $275,665 $352,950 $426,625 $530,150
   NON-METRO
RACINE $275,665 $352,950 $426,625 $530,150
   RACINE, WI
RICHLAND $275,665 $352,950 $426,625 $530,150
ROCK $275,665 $352,950 $426,625 $530,150
   JANESVILLE-BELOIT, WI
RUSK $275,665 $352,950 $426,625 $530,150
SAUK $275,665 $352,950 $426,625 $530,150
   BARABOO, WI
SAWYER $275,665 $352,950 $426,625 $530,150
SHAWANO $275,665 $352,950 $426,625 $530,150
   SHAWANO, WI
SHEBOYGAN $275,665 $352,950 $426,625 $530,150
   SHEBOYGAN, WI
ST. CROIX $332,350 $425,450 $514,300 $639,150
   MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI
TAYLOR $275,665 $352,950 $426,625 $530,150
TREMPEALEAU $275,665 $352,950 $426,625 $530,150
VERNON $275,665 $352,950 $426,625 $530,150
VILAS $275,665 $352,950 $426,625 $530,150
WALWORTH $275,665 $352,950 $426,625 $530,150
   WHITEWATER-ELKHORN, WI
WASHBURN $275,665 $352,950 $426,625 $530,150
WASHINGTON $299,000 $382,750 $462,650 $575,000
   MILWAUKEE-WAUKESHA-WEST ALLIS, WI
WAUKESHA $299,000 $382,750 $462,650 $575,000
   MILWAUKEE-WAUKESHA-WEST ALLIS, WI
WAUPACA $275,665 $352,950 $426,625 $530,150
WAUSHARA $275,665 $352,950 $426,625 $530,150
WINNEBAGO $275,665 $352,950 $426,625 $530,150
   OSHKOSH-NEENAH, WI
WOOD $275,665 $352,950 $426,625 $530,150
   WISCONSIN RAPIDS-MARSHFIELD, WI