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Renewal Unlimited HOME Homebuyer Program

Administered by: Renewal Unlimited, Inc. · Nonprofit · Deferred Loan

Funding status: Active

How much assistance

0% deferred second mortgage for down payment and closing costs (Deferred Loan)

Eligibility

  • Income limits: Below 80% of County Median Income
  • First-time buyer required: Yes — Must not have owned a home within a three-year period.
  • Geographic restrictions: Marathon County and surrounding area served by Renewal Unlimited.
  • Homebuyer education required: Yes

How to Apply for Renewal Unlimited HOME Homebuyer Program

Step 1: Contact Renewal Unlimited, Inc. to begin the application process. All applicants receive one-on-one homebuyer counseling covering affordability, refinancing, and budgeting. Homebuyer must contribute between $250 and $1,000 depending on income. First mortgage must be a fixed-rate mortgage.

Visit program website

Notes

Funded through HUD HOME Investment Partnerships Program. Provides 0% deferred loan as second mortgage. Includes mandatory one-on-one homebuyer counseling.

Cities Where This Program Is Available