WHEDA Capital Access DPA
Wisconsin Housing and Economic Development Authority offers WHEDA Capital Access DPA to home buyers in Wisconsin: up to $7,500, as a deferred loan.
- Amount
- Up to $7,500
- Kind of help
- Deferred loan
- First-time buyers only
- No
How is WHEDA Capital Access DPA paid back?
Deferred loan: 30-year loan at 0% interest with no monthly payments.
A deferred loan costs nothing each month, but the whole amount is due when you sell, refinance or pay off the first mortgage.
Who qualifies for WHEDA Capital Access DPA?
- Uses WHEDA's separate household income limits, which are usually lower.
- You don't have to be a first-time buyer.
- It comes with a WHEDA Advantage Conventional or WHEDA Advantage FHA first mortgage.
Most limits follow your county and household size. Our HUD income limits lookup shows your area's median income and where your household sits.
How to apply for WHEDA Capital Access DPA
- Wisconsin Housing and Economic Development Authority pays this help out through its approved lenders, so you apply with one of them, together with your home loan.
- The lender checks your income, credit and the home against the program's rules and reserves the money for you.
- The help is paid at closing, toward your down payment and closing costs.
Read the full rules and whether it is taking applications on Wisconsin Housing and Economic Development Authority's page for WHEDA Capital Access DPA, or pick a lender from the agency's list of participating lenders.
Ask a lender about WHEDA Capital Access DPA
Tell us where you're buying and a lender that works with Wisconsin's programs can tell you whether WHEDA Capital Access DPA fits you, and what you could combine with it.
Rather not call? Send your details and the lender will reach you.
Other first-time buyer programs in Wisconsin
- WHEDA Easy Close Advantage DPA: up to 6% of the price, repayable loan.
All Wisconsin first-time home buyer programs · Down payment assistance in every state