See programs you qualify for

Get Matched Free →

Homebuyer Programs in Sun Prairie, WI (2026)

Population: 39,253 | Median home price: $382,000 | Est. closing costs: $7,500 - $11,500

Last updated April 10, 2026

Skyline of Sun Prairie, WI

Sun Prairie is one of Wisconsin's fastest-growing cities, located in Dane County just northeast of Madison, with a population of approximately 39,300 and a median home value around $382,000. Buyers in Sun Prairie benefit from an exceptionally strong set of assistance programs. The Dane County Momentum Homebuyer Program provides deferred loans up to $30,316 at 0% interest with no monthly payments for purchases in participating communities outside Madison. The Movin' Out Down Payment Assistance program offers up to $35,000 in deferred loans for households with a member who has a permanent disability. The Own It: Building Black Wealth program provides $19,000 grants with no repayment required for Black and brown homebuyers in the Dane County area. Combined with the Downpayment Plus Program (up to $6,000 in forgivable grants) and WHEDA state programs, eligible buyers in Sun Prairie can stack significant assistance toward their home purchase.

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
Madison Area Community Land Trust (MACLT)
Type:
Zero-Interest Loan
Amount:
Homes priced 30% below market (recent sales between $157,000 and $235,000)
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
Own It: Building Black Wealth Down Payment Grant
Type:
Grant
Amount:
$19,000 grant
First-time only:
Yes

How to Apply

Step 1:

Check your eligibility. Most Dane County programs require household income at or below 80% of the County Median Income. The Dane County Momentum program also has a purchase price limit of $347,000. WHEDA income limits for Dane County vary by household size — check the WHEDA website for current limits.

Step 2:

Complete homebuyer education. The Dane County Momentum program and most other local programs require homebuyer education. The Home Buyers Round Table at homebuyersroundtable.org coordinates homebuyer education and can connect you with approved providers in the Dane County area.

Step 3:

Contact the Home Buyers Round Table. Visit homebuyersroundtable.org to learn about all available programs and use their DPA search tool. They maintain a comprehensive matrix of every down payment assistance program available in Dane County.

Step 4:

Apply for the Dane County Momentum Program. This program provides deferred loans up to $30,316 at 0% interest for first-time buyers purchasing in Sun Prairie and other participating Dane County communities outside Madison. Contact Dane County Community Development for details.

Step 5:

Explore additional programs. The Downpayment Plus Program through FHLBank Chicago member lenders offers forgivable grants up to $6,000. Movin' Out provides up to $35,000 for households with a member with a permanent disability. The Own It

Step 6:

Get pre-approved for a mortgage. Work with a WHEDA-approved lender to explore state programs like WHEDA Easy Close DPA, which offers between $1,000 and 6% of the purchase price.

Step 7:

Find a home and coordinate applications. Work with your lender and housing counselor to submit all program applications before closing. The Momentum program requires homes to be in a participating municipality and under the $347,000 purchase price limit.

Frequently Asked Questions

Related Cities

Related Articles