Affordable Home Financing for Wisconsin Buyers
At FVSBank, we believe homeownership should be accessible to everyone. That’s why we offer WHEDA (Wisconsin Housing and Economic Development Authority) loans, designed to help first-time homebuyers and eligible borrowers secure affordable financing with low down payment options, reduced mortgage insurance, and flexible credit guidelines.
What is a WHEDA loan?
A WHEDA loan is a special mortgage program available exclusively to Wisconsin residents. It offers competitive interest rates, down payment assistance, and other benefits to make buying a home more affordable.
Key Benefits of WHEDA Loans
- Low Down Payment – Buy a home with as little as 3% down
- Down Payment Assistance – Additional financing options help cover upfront costs
- Reduced Mortgage Insurance – Lower monthly payments and more savings
- Flexible Credit Requirements – Making homeownership possible for more buyers
- Fixed-Rate Loan Stability – Predictable payments with a secure interest rate
Are a first-time homebuyer or haven’t owned a home in the last three years.
Plan to purchase a home in Wisconsin as your primary residence.
Meet income and purchase price limits based on location.
Complete a homebuyer education course (required for some WHEDA loan programs).
WHEDA Advantage Conventional Loan – A low down payment mortgage with reduced mortgage insurance (subject to income & credit limits)
WHEDA Easy Close DPA – A down payment assistance loan that helps cover upfront costs (subject to income & credit limits)
How to Apply for a WHEDA Loan
Our FVSBank mortgage lenders are experts in WHEDA financing and will guide you through every step of the process:
Get Pre-Qualified – We’ll help determine your eligibility and budget.
Find Your Dream Home – Work with a local realtor to choose the right property.
Apply for a WHEDA Loan – Submit your application with our expert guidance.
Close & Move In – Secure your financing and start your homeownership journey!
Why Choose FVSBank for Your WHEDA Loan?
💙 Local Lending Experts – Personalized support from Wisconsin-based lenders.
🤝 Community-Focused Banking – We care about helping you succeed.
📉 Competitive Rates & Flexible Terms – Designed to make homeownership more affordable.
🚀 Easy Application Process – We simplify the path to homeownership.