WHEDA Easy Close DPA

Administered by: Wisconsin Housing and Economic Development Authority (WHEDA) · State · Repayable Loan

Funding status: Active

How much assistance

Up to 6% of purchase price (Repayable Loan)

Not forgivable. 10-year fixed-rate second mortgage with monthly payments at the same interest rate as the first mortgage.

Eligibility

  • Income limits: Varies by county and household size. Income limits set by WHEDA.
  • First-time buyer required: Yes — Must not have owned a home in the past 3 years, unless purchasing in a targeted area.
  • Geographic restrictions: Must purchase within Wisconsin.
  • Homebuyer education required: Yes

How to Apply for WHEDA Easy Close DPA

Step 1: Contact a WHEDA-approved lender to apply. Must pair with a WHEDA Advantage Conventional or FHA first mortgage. Complete required homebuyer education.

Visit program website

Available Statewide In