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Homebuyer Programs in Fitchburg, WI (2026)

Population: 31,467 | Median home price: $474,000 | Est. closing costs: $9,500 - $14,000

Last updated April 10, 2026

Skyline of Fitchburg, WI

Fitchburg is a growing city just south of Madison in Dane County with a population of roughly 31,467 residents. The median home price sits around $474,000, reflecting the strong demand in the greater Madison metro area. First-time homebuyers in Fitchburg have access to a solid mix of federal, state, county, city, and nonprofit programs that can significantly reduce the upfront cost of purchasing a home. Between grants, deferred loans, and tax credits, qualified buyers may be able to cover most or all of their down payment and closing costs.

City Programs in Fitchburg

City of Fitchburg Homebuyer Assistance Program
Type:
Grant
Amount:
Up to $10,000 in grants and low-interest loans
First-time only:
Yes
Home-Buy the American Dream (HBAD)
Type:
Deferred Loan
Amount:
Up to $35,000
First-time only:
Yes

County Programs in Dane County

Dane County Momentum Homebuyer Program
Type:
Deferred Loan
Amount:
Deferred loan up to $30,316 at 0% interest
First-time only:
Yes

State Programs in Wisconsin

WHEDA Advantage Conventional Loan
Type:
Government-Insured Mortgage
Amount:
Low down payment first mortgage (as low as 3% down)
First-time only:
Yes
WHEDA Advantage FHA Loan
Type:
Government-Insured Mortgage
Amount:
Low down payment first mortgage (3.5% down)
First-time only:
Yes
WHEDA Capital Access DPA
Type:
Deferred Loan
Amount:
Up to $7,500 (between $3,050 and 3% of purchase price)
First-time only:
Yes
WHEDA Easy Close DPA
Type:
Repayable Loan
Amount:
Up to 6% of purchase price
First-time only:
Yes
WHEDA Tax Advantage (Mortgage Credit Certificate)
Type:
Tax Credit
Amount:
Up to $2,000 per year in federal tax credits
First-time only:
Yes

Federal Programs

FHA Loans
Type:
Government-Insured Mortgage
Amount:
Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026)
First-time only:
No
FHLBA Community Partners Product
Type:
Forgivable Loan
Amount:
Up to $20,000 in home purchase assistance for down payment and closing costs
First-time only:
No
FHLBA First Time Homebuyer Product
Type:
Forgivable Loan
Amount:
Up to $17,500 in home purchase assistance for down payment and closing costs
First-time only:
Yes
FHLBA Workforce Housing Plus+
Type:
Forgivable Loan
Amount:
Up to $15,000 in home purchase assistance for down payment and closing costs
First-time only:
No
Good Neighbor Next Door (HUD)
Type:
Government Property Sale Program
Amount:
50% discount off the list price of HUD-owned homes
First-time only:
Yes
Home Possible Mortgage (Freddie Mac)
Type:
Government-Guaranteed Mortgage
Amount:
Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
First-time only:
No
HomeReady Mortgage (Fannie Mae)
Type:
Government-Guaranteed Mortgage
Amount:
Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
First-time only:
No
HUD $100 Down Program
Type:
FHA-Financed HUD REO Purchase
Amount:
Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs.
First-time only:
No
USDA Rural Development Loans
Type:
Government-Guaranteed Mortgage
Amount:
100% financing (no down payment required); loan amount up to appraised value
First-time only:
No
VA Loans
Type:
Government-Guaranteed Mortgage
Amount:
No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026)
First-time only:
No

Nonprofit Programs

Downpayment Plus Program (FHLBank Chicago)
Type:
Grant
Amount:
Up to $6,000 (3:1 match of buyer contribution, max $6,000)
First-time only:
No
Habitat for Humanity of Dane County Homeownership Program
Type:
Zero-Interest Loan
Amount:
Affordable new-construction home with zero-interest mortgage
First-time only:
Yes
Movin' Out Down Payment Assistance (Madison)
Type:
Deferred Loan
Amount:
Up to $40,000 in City of Madison (up to $35,000 in other Dane County areas)
First-time only:
Yes
RASCW Housing Foundation Home Start Program
Type:
Deferred Loan
Amount:
Up to $4,000 or 3% of purchase price (whichever is less)
First-time only:
Yes
Wintrust Mortgage Down Payment Assistance
Type:
Grant
Amount:
$2,000
First-time only:
No

How to Apply

Step 1:

Determine your eligibility by reviewing income limits for the programs you are interested in. Most Fitchburg-area programs require household income at or below 80% of the county median income.

Step 2:

Complete a HUD-approved homebuyer education course. Programs such as the Dane County Momentum Homebuyer Program, RASCW Home Start, and the City of Fitchburg Homebuyer Assistance Program all require this step.

Step 3:

Connect with a participating lender who is familiar with Wisconsin down payment assistance programs. Your lender can help you apply for multiple programs simultaneously.

Step 4:

Get pre-approved for your mortgage and identify which programs you qualify for. Your lender will help you layer assistance from county, city, and nonprofit sources.

Step 5:

Find a home within Fitchburg city limits (required for the city program) or Dane County (for county and nonprofit programs) that meets any applicable purchase price limits.

Step 6:

Submit your program applications along with your purchase contract. Processing times vary, so apply as early as possible.

Step 7:

Close on your home. Approved assistance funds are typically applied directly at closing to reduce your out-of-pocket costs.

Frequently Asked Questions

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