Gateway to Home Ownership

WHEDA® is pleased to bring you Gateway to Home Ownership, in partnership with Genworth, a network with expanded credit guidelines that will enable more borrowers to qualify for a WHEDA Home Loan.

Gateway to Home Ownership offers borrowers a network of resources to access credit repair assistance and Homebuyer education. After completing the program, borrowers are rewarded for their efforts and financial preparedness with expanded credit guidelines on an affordable WHEDA mortgage. Borrowers receive special rates on private mortgage insurance due to extensive pre-purchase counseling. All this creates a winning opportunity for borrowers and WHEDA lending partners.

Features & Benefits

Customized, face-to-face counseling and credit repair assistance
Comprehensive Homebuyer education provided to your customer
Borrowers completing Gateway to Home Ownership are eligible for expanded WHEDA credit guidelines
Your customers may be able to purchase a Home with an affordable WHEDA mortgage at a low cost, fixed interest rate

Eligibility

Any first-time Homebuyer using a WHEDA Home Loan is eligible for Gateway to Home Ownership. Use this reference chart in PDF format that outlines both WHEDA and Gateway to Home Ownership underwriting guidelines.

Frequently Asked Questions

FAQs lists answers to commonly asked questions about Gateway to Home Ownership.