See programs you qualify for
Get Matched Free →By Tyler Thompson · Licensed Real Estate Agent · Updated April 10, 2026
Homebuyer Programs in Greenfield, WI (2026)
Greenfield is a residential suburb located in Milwaukee County, Wisconsin, situated just southwest of downtown Milwaukee. With a median home price around $310,000, Greenfield offers a more affordable entry point compared to some neighboring communities. While the city does not offer its own municipal down payment assistance, buyers here benefit from several regional and state programs. The WORTH Down Payment Assistance Program provides grants up to $8,000 for first-time buyers in Milwaukee County, and the Downpayment Plus Program through FHLBank Chicago offers up to $6,000 in forgivable grant assistance. Combined with WHEDA state loan programs offering up to 6% of the purchase price in down payment help, Greenfield homebuyers can potentially stack more than $20,000 in total assistance.
County Programs in Milwaukee County
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| WORTH Down Payment Assistance Program | Grant | Up to $8,000 | Yes | View → |
- Type:
- Grant
- Amount:
- Up to $8,000
- First-time only:
- Yes
State Programs in Wisconsin
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| WHEDA Advantage Conventional Loan | Government-Insured Mortgage | Low down payment first mortgage (as low as 3% down) | Yes | View → |
| WHEDA Advantage FHA Loan | Government-Insured Mortgage | Low down payment first mortgage (3.5% down) | Yes | View → |
| WHEDA Capital Access DPA | Deferred Loan | $7,500 (0% interest, deferred second mortgage) | No | View → |
| WHEDA Easy Close DPA | Repayable Loan | Up to 6% of purchase price | Yes | View → |
| WHEDA Tax Advantage (Mortgage Credit Certificate) | Tax Credit | Up to $2,000 per year in federal tax credits | Yes | View → |
- Type:
- Government-Insured Mortgage
- Amount:
- Low down payment first mortgage (as low as 3% down)
- First-time only:
- Yes
- Type:
- Government-Insured Mortgage
- Amount:
- Low down payment first mortgage (3.5% down)
- First-time only:
- Yes
- Type:
- Deferred Loan
- Amount:
- $7,500 (0% interest, deferred second mortgage)
- First-time only:
- No
- Type:
- Repayable Loan
- Amount:
- Up to 6% of purchase price
- First-time only:
- Yes
- Type:
- Tax Credit
- Amount:
- Up to $2,000 per year in federal tax credits
- First-time only:
- Yes
Federal Programs
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| FHA Loans | Government-Insured Mortgage | Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026) | No | View → |
| Good Neighbor Next Door (HUD) | Government Property Sale Program | 50% discount off the list price of HUD-owned homes | Yes | View → |
| Home Possible Mortgage (Freddie Mac) | Government-Guaranteed Mortgage | Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment | No | View → |
| HomeReady Mortgage (Fannie Mae) | Government-Guaranteed Mortgage | Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment | No | View → |
| HUD $100 Down Program | FHA-Financed HUD REO Purchase | Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs. | No | View → |
| USDA Rural Development Loans | Government-Guaranteed Mortgage | 100% financing (no down payment required); loan amount up to appraised value | No | View → |
| VA Loans | Government-Guaranteed Mortgage | No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026) | No | View → |
- 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
- Type:
- Government Property Sale Program
- Amount:
- 50% discount off the list price of HUD-owned homes
- First-time only:
- Yes
- 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
- 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
- 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
- Type:
- Government-Guaranteed Mortgage
- Amount:
- 100% financing (no down payment required); loan amount up to appraised value
- First-time only:
- No
- 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
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| Downpayment Plus Program (FHLBank Chicago) | Grant | Up to $6,000 (3:1 match of buyer contribution, max $6,000) | No | View → |
| Milwaukee Habitat for Humanity Homeownership Program | Zero-Interest Loan | Affordable new-construction home with low or no down payment and average mortgage under $950/month | Yes | View → |
| Wintrust Mortgage Down Payment Assistance | Grant | $2,000 | No | View → |
- Type:
- Grant
- Amount:
- Up to $6,000 (3:1 match of buyer contribution, max $6,000)
- First-time only:
- No
- Type:
- Zero-Interest Loan
- Amount:
- Affordable new-construction home with low or no down payment and average mortgage under $950/month
- First-time only:
- Yes
- Type:
- Grant
- Amount:
- $2,000
- First-time only:
- No
How to Apply
Step 1: Check your eligibility. Most programs serving Greenfield require household income at or below 80% to 100% of the area median income for Milwaukee County and that you have not owned a home in the past three years.
Step 2: Complete homebuyer education. Contact Housing Resources Inc at 414-461-6330 or ACTS Housing at 414-933-2215, both HUD-approved counseling agencies in the Milwaukee area, to complete the required 8-hour homebuyer education course.
Step 3: Explore your program options. The WORTH Down Payment Assistance Program offers up to $8,000 in grant funds for Milwaukee County purchases, and the Downpayment Plus Program provides up to $6,000 in forgivable assistance. Your housing counselor can help determine which programs you qualify for.
Step 4: Get pre-approved for a mortgage. Work with a WHEDA-approved lender or a local credit union like Landmark Credit Union or Educators Credit Union, which offer first-time homebuyer programs with benefits like reduced closing costs and low down payment options.
Step 5: Find a home in Greenfield within your budget and any applicable program price limits. Your real estate agent and housing counselor can help you identify properties that meet program requirements.
Step 6: Submit your applications. Once you are under contract, your lender will help you apply for the DPA programs you qualify for. The WORTH grant and Downpayment Plus funds are typically applied at closing.
Frequently Asked Questions
How much down payment assistance can I get in Greenfield?+−
Do I have to be a first-time homebuyer to qualify?+−
What is the maximum home price I can purchase with these programs?+−
What homebuyer education is required?+−
Can I use Milwaukee Habitat for Humanity in Greenfield?+−
What are the estimated closing costs for buying a home in Greenfield?+−
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