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Homebuyer Programs in West Bend, WI (2026)

Population: 31,741 | Median home price: $320,000 | Est. closing costs: $6,500 - $9,500

Last updated April 10, 2026

Skyline of West Bend, WI

West Bend is a growing city of roughly 31,700 residents in Washington County, about 40 miles northwest of Milwaukee. With a median home price around $320,000, buyers here can tap into several assistance programs to reduce upfront costs. The HOME Consortium Down Payment Assistance program offers up to $10,000 as a forgivable loan for Washington County buyers, while the statewide WHEDA Easy Close DPA provides up to 6% of the purchase price and the WHEDA Capital Access DPA offers up to $7,500. The Downpayment Plus Program through FHLBank Chicago adds up to $10,000 in forgivable grant funds. By stacking county, state, and federal programs, West Bend buyers can potentially secure over $25,000 in combined down payment and closing cost assistance.

County Programs in Washington County

HOME Consortium Down Payment Assistance (Washington County)
Type:
Forgivable Loan
Amount:
Up to $10,000
First-time only:
No

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 Washington and Dodge Counties Homeownership Program
Type:
Zero-Interest Loan
Amount:
Affordable mortgage with 0% interest
First-time only:
No

How to Apply

Step 1:

Check your eligibility. Most programs require household income at or below 80% of the area median income for Washington County. Review the income limits for the HOME Consortium DPA and WHEDA programs to see which ones you qualify for.

Step 2:

Complete homebuyer education. All major programs require a HUD-approved homebuyer education course. Contact the Washington County Community Development Department for information on the HOME Consortium counseling program, or visit WHEDA's Housing Counseling Resource Program page to find a certified counselor near you.

Step 3:

Contact Washington County Community Development. They administer the HOME Consortium Down Payment Assistance program for Washington County residents. Ask about current funding availability and application requirements.

Step 4:

Get pre-approved for a mortgage. Work with a WHEDA-approved lender who can package your first mortgage with the WHEDA Easy Close DPA or Capital Access DPA. Ask your lender about the Downpayment Plus Program through FHLBank Chicago as well.

Step 5:

Find a home within program limits. Your home must meet HUD purchase price limits for Washington County and pass the HOME Consortium code requirements inspection if using that program.

Step 6:

Submit your applications and close. Your lender will coordinate the DPA programs alongside your mortgage. The HOME Consortium DPA loan is applied at closing for down payment and closing costs. Plan for a typical closing timeline of 30 to 45 days after offer acceptance.

Frequently Asked Questions

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