Down Payment Assistance Programs
There are various down payment assistance programs available in the local marketplace. Below are the current down payment assistance programs operating in Sheboygan County. Please check back and talk with your lender to determine if new programs have been established.
Partners for Community Development
Through the American Rescue Plan Act (ARPA), Partners has limited time funding to assist single-family homebuyers living between 80 and 120%, plus a 120 and 150% of CMI in Sheboygan County with down payment and closing costs.
Financial assistance through Partners’ Housing Programs is provided as a 0% interest, deferred loan. Partners’ loans are secured through property liens and require no monthly payment. Loans are repaid when the home is sold or no longer the borrower’s primary residence.
Down Payment Plus
Downpayment Plus (DPP®) and Downpayment Plus Advantage® (DPP Advantage®) offer Federal Home Loan Bank of Chicago members easy-to-access down payment and closing cost assistance to help their income-eligible customers achieve homeownership. Homebuyers must apply and qualify for first mortgage financing through a participating lender in order to access the DPP funds.
WHEDA
The Wisconsin Housing and Economic Development Authority (WHEDA) offers unique financing options that get buyers into a home sooner, including affordable down payment assistance programs and mortgages. We offer our products through a network of approved banks, credit unions and mortgage banks throughout the state. Check out the WHEDA Consumer Home Buyers Web Page and other resources below to assist in your home buying journey.
WHEDA First Mortgage and Easy Close DPA Total Household and Purchase Price Limits
Ready to Purchase?
Apply today to be part of the Home Buyers Selection Process.
*Applicants for home buying can choose their preferred home online but must be pre-approved for a mortgage loan to take part in the Home Buyer Selection process. Mortgage lenders will verify program eligibility. Applicants without pre-approval or certification will be disqualified until all required documents are submitted.
