Down Payment Assistance Search

Not all programs can be used together. See 2025 DPA Matrix for more information.

Are you a first-time home buyer?

Some programs consider a first time buyer someone who has not owned a home in the last 3 years.

What is your annual household income?

How many people will be living in your home?

Where are you looking for a home?

City of Madison
Dane County (outside Madison)

Check all locations that apply

Downpayment Plus (DPP)

DPP provides down payment and closing cost assistance to low-to-moderate income* homebuyers throughout Wisconsin and Illinois. The first mortgage must be through a Federal Home Loan Bank of Chicago member. Assistance comes in a 0% loan which is forgiven over a five-year period. The maximum loan amount is the lesser of $10,000 or three times the homebuyer’s net contribution. Buyers may use up to $500 of the loan amount for homebuyer education and counseling fees. No payments required.

MOmentum

This program provides mortgage reduction assistance to low-to-moderate income* homebuyers who purchase in the Dane County Urban County Consortium. The house must be located in a participating municipality outside the City of Madison. Momentum provides a deferred mortgage loan of up to $30,316 at 0% interest with no monthly payments to eligible homebuyers. The current purchase price limit is $347,000. The loan becomes due and payable at sale, when the property is no longer owner-occupied or the first mortgage is refinanced for cash-out. Borrowers should apply to reserve these funds at the time of pre-approval.

Home Start, Realtors Housing Foundation

This program provides down payment and closing cost assistance to low-to-moderate income* homebuyers throughout South Central Wisconsin through the REALTORS® Association of South Central Wisconsin’s Housing Foundation. The maximum loan amount is $6,000 or 3% of the purchase price, whichever is lower. No payments are required. 0% interest per year. Funding is limited. Please call (608) 258-5560 x302 or email heatherboggs@wphd.com

Movin' Out

Movin’ Out provides a loan for up to $75,000 for down payment and closing costs assistance programs for low-to-moderate income* households where at least one household member has a permanent disability. This does NOT include disabilities because of the aging process. Borrowers should contact Movin’ Out to reserve funds even before pre-approval. The maximum purchase price limit is $347,000.

Home-Buy the American Dream

This program provides down payment and closing cost assistance to low-to-moderate income* homebuyers who purchase homes in the City of Madison. The City of Madison provides a mortgage loan of up to $35,000 for properties in the City of Madison. This loan has no monthly payments for eligible buyers. The loan, including shared appreciation, will become due and payable at sale, when the property is no longer owner-occupied, or the first mortgage is refinanced for cash-out purposes not related to home improvement.

WHEDA Easy Close Advantage

Assistance to home buyers who have a WHEDA first mortgage. Do not have to be a first-time homebuyer. Buyers may use the funds for a down payment, closing costs and home buyer education expenses. The minimum loan is $1,000 or up to 6% of purchase price for both Conventional and FHA. The loan term is 10 years with monthly payments, which include interest. Easy Close income limits do NOT adhere to the above income guidelines. No borrower down payment required on a single-family home, warrantable condo & double wide; 3% down payment on a 2-4 unit property. See: www.wheda.com.

We're Sorry!

No programs were available, based on the information you provided. Please contact info@homebuyersroundtable.org if you have questions. You will also find more information on down payment assistance programs by attending a Homebuyer Education Seminar. Please check our calendar for upcoming classes.