See programs you qualify for

By Tyler Thompson · Licensed Real Estate Agent · Updated April 9, 2026

Homebuyer Programs in New Berlin, WI (2026)

Population: 40,300 | Median home price: $433,000 | Est. closing costs: $8,500 - $13,000

New Berlin is a thriving suburban city in Waukesha County, part of the greater Milwaukee metropolitan area, with a population of approximately 40,300 and a median home price around $433,000. While New Berlin's home prices are above the state average, buyers here can access significant assistance through several programs. The City of New Berlin offers its own Down Payment Assistance and Closing Cost Program for first-time buyers, with First Bank Financial Centre matching up to $2,500 in closing costs. The HOME Consortium Down Payment Assistance program provides forgivable loans up to $10,000 through Waukesha County, and the WORTH Down Payment Assistance Program offers grants up to $8,000. Buyers may also qualify for the Downpayment Plus Program through FHLBank Chicago, which provides up to $6,000 in matching grant funds. Combined with Wisconsin state programs like those through WHEDA, first-time buyers in New Berlin can potentially stack over $20,000 in assistance toward their home purchase.

City Programs in New Berlin

Program Name	Type	Amount	First-Time Only	Details
City of New Berlin Down Payment Assistance and Closing Cost Program	Grant	First Bank Financial Centre matches up to $2,500 for closing costs	Yes	View →

City of New Berlin Down Payment Assistance and Closing Cost Program

Type:: Grant
Amount:: First Bank Financial Centre matches up to $2,500 for closing costs
First-time only:: Yes

County Programs in Waukesha County

Program Name	Type	Amount	First-Time Only	Details
HOME Consortium Down Payment Assistance (Waukesha County)	Forgivable Loan	Up to $10,000	Yes	View →
WORTH Down Payment Assistance Program	Grant	Up to $8,000	Yes	View →

HOME Consortium Down Payment Assistance (Waukesha County)

Type:: Forgivable Loan
Amount:: Up to $10,000
First-time only:: Yes

WORTH Down Payment Assistance Program

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 →

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:: $7,500 (0% interest, deferred second mortgage)
First-time only:: No

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

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 →

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

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

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 →
Habitat for Humanity of Waukesha County Homeownership Program	Zero-Interest Loan	Affordable mortgage based on income (below-market financing)	No	View →

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 Waukesha County Homeownership Program

Type:: Zero-Interest Loan
Amount:: Affordable mortgage based on income (below-market financing)
First-time only:: No

Free eligibility check

17 programs available in New Berlin. See which ones you qualify for.

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How to Apply

Step 1: Check your eligibility. Most programs in the New Berlin area require household income at or below 80% of the Area Median Income for Waukesha County. WHEDA state programs have income limits of $110,700 for 1-2 person households and $127,305 for 3+ person households in non-target areas.

Step 2: Complete homebuyer education. All HOME Consortium and WORTH programs require homebuyer counseling. Contact the Housing Action Coalition of Waukesha County at 262-326-5322 for local counseling options, or reach a HUD-approved housing counseling agency in the area.

Step 3: Contact Waukesha County Community Development. Reach Debbie Narus at (262) 896-8170 for information about the HOME Consortium Down Payment Assistance program and other county-administered programs.

Step 4: Apply for the City of New Berlin DPA program. Visit the City of New Berlin's Fair Housing page at newberlinwi.gov to download the informational flyer and application for their Down Payment Assistance and Closing Cost Program.

Step 5: Get pre-approved for a mortgage. Work with a WHEDA-approved lender to explore state-level programs like WHEDA Easy Close DPA, which offers between $1,000 and 6% of the purchase price. Landmark Credit Union, which has a branch in New Berlin, offers first-time homebuyer programs with $1,000 off closing costs.

Step 6: Find a home within program limits. The WHEDA maximum purchase price for a single-family home in Waukesha County non-target areas is $544,232. Ensure the property meets HOME Consortium inspection requirements.

Step 7: Submit your applications and close. Work with your lender and housing counselor to submit all program applications before closing. The county DPA loan is typically processed alongside your mortgage closing.

Frequently Asked Questions

How much down payment assistance can I get in New Berlin?+

New Berlin buyers can access multiple programs: the HOME Consortium DPA offers forgivable loans up to $10,000 through Waukesha County, the WORTH program provides grants up to $8,000, the Downpayment Plus Program from FHLBank Chicago offers up to $6,000 in matching funds, and the City of New Berlin program includes up to $2,500 in matched closing costs from First Bank Financial Centre. Combined with WHEDA state programs, eligible buyers could receive over $20,000 in total assistance.

Do I have to be a first-time homebuyer to qualify?+

The City of New Berlin DPA program requires first-time homebuyer status. The HOME Consortium and WORTH programs also typically require first-time buyer status, defined as not having owned a home in the past three years. WHEDA programs require first-time buyer status for most products but offer exceptions for veterans and buyers in targeted areas. The FHA and VA federal programs do not require first-time buyer status.

What is the maximum home price I can pay using these programs?+

For WHEDA state programs, the maximum purchase price for a single-family home in Waukesha County non-target areas is $544,232. The HOME Consortium DPA and WORTH programs may have separate purchase price limits based on current HUD guidelines for Waukesha County. The City of New Berlin program requires the home to be a single-family property within city limits.

What homebuyer education is required?+

The HOME Consortium DPA and WORTH programs both require completion of a HUD-approved homebuyer counseling course before funds are released. The Housing Action Coalition of Waukesha County at 262-326-5322 can connect you with local counseling options. WHEDA programs also require completion of a pre-purchase education course.

How does the Waukesha County HOME Consortium DPA work?+

The HOME Consortium DPA provides a forgivable loan of up to $10,000 for down payment and closing costs. The loan is forgiven after five years of continuous owner-occupancy, meaning no repayment is required if you stay in the home as your primary residence for five years. You must have household income at or below 80% of the Area Median Income, and the home must pass a HOME Consortium code requirements inspection before closing.