The Advantage Conventional First-Time Home Buyer Program, or FTHB, offers a conventional, fixed-rate mortgage with a preferred interest rate, priced below our standard Conventional Advantage.
FTHB interest rates can be viewed on the Daily Pricing Grid. The preferred interest rates will be reflected in the grid with the prefix of FTHB/VALOR.
First-time home buyers must meet the following FTHB Advantage eligibility requirements:
The Advantage Conventional Veterans Affordable Loan Opportunity Rate, or VALOR, offers qualified military veterans a conventional, fixed-rate mortgage with a preferred interest rate, priced below our standard Conventional Advantage.
VALOR interest rates can be viewed on the Daily Pricing Grid. The preferred interest rates will be reflected in the grid with the prefix of FTHB/VALOR.
For more information, please see the VALOR flyer in the Promotional Materials section of the Lender Toolkit.
Eligible Veterans must meet the following VALOR eligibility requirements:
Important Note: No new MCC requests will be accepted after Friday November 24, 2017. Please see the
Lender Update for additional details.
For a limited time beginning July 3, 2017, WHEDA’s new closing cost credit helps more future home buyers save money on their closing costs. The credit offers up to $1,500 when paired with a WHEDA Advantage conventional mortgage, including First-time Home Buyer (FTHB) and VALOR programs.
Home buyers must meet the following closing cost credit program requirements:
Use the Capital Access Advantage to help qualify more borrowers for an affordable WHEDA mortgage. A Capital Access second mortgage is a low-cost, deferred down payment assistance loan designed for home buyers in specific Wisconsin markets with high housing needs.
Capital Access Advantage home buyers must meet the following program requirements:
The Transform Advantage is a first and second mortgage loan product. It can be used to acquire and rehabilitate a property or for new construction. This product is limited to
specific neighborhoods in Milwaukee. Home buyer education is required as well as consultation with one of the partner agencies to scope rehab or construction efforts.
To get started, please work with a Transform Advantage Partner.