If you are looking for a limited down payment mortgage, we have options available for you.
WHEDA (Wisconsin Housing and Economic Development Authority)
WHEDA is a State Housing Financing Authority (HFA). It is state chartered and was established to help meet the affordable housing needs of the residents of Wisconsin.
Bank of Sun Prairie partners with WHEDA to offer their products.
- Fixed-rate mortgage
- Low down payment (financing up to 97%)
- Home-buyer education
- Options available with no PMI (Private Mortgage Insurance) or reduced rates
- No Secondary Market fees based on credit scores and loan to value
- Income and purchase price limits apply
Reference our Mortgage Checklist for a list of items to provide to your lender.
Contact one of our experienced Residential Lenders for more information!
Subject to credit approval.