Down Payment Assistance Loans<\/h1>\n<\/div><\/div><\/div><\/div><\/div>First Time Home Buyer Program<\/h2><\/div>Down Payment Assistance
\n1000 HWY 13
\nPO Box 430
\nWisconsin Dells, WI 53965<\/p>\n
CONTACT
\nKelly Hess
\nProgram Manager<\/em><\/small>
\n(608) 254-8353 ext. 234
\nkelly@cwcac.org<\/a><\/p>\n<\/div><\/div><\/div><\/div>![\"new](\"https:\/\/www.cwcac.org\/wp-content\/uploads\/2021\/03\/48c-new-home-owners-selfie.jpg\")
<\/p>\n<\/div>
<\/div><\/div><\/div>Program Features<\/h3>\n\n- Loan to support purchase of single family home you will live in<\/li>\n
- Loan is 0% interest deferred payment<\/li>\n
- No payment on the loan is required until the home is sold, or is no longer the borrower\u2019s primary residence<\/li>\n
- The maximum amount allowed for a 2nd mortgage through the Homebuyer Program is $10,000 and may be applied to lender required down payment<\/li>\n<\/ul>\n
DOWN PAYMENT ASSISTANCE PROGRAM<\/a><\/u><\/p>\nBorrower Requirements & Qualifications<\/h3>\n\n- Must be pre-qualified for a conventional loan through a reputable lender-Bank, Credit Union, or USDA Rural Development –\u00a0LENDER INFORMATION\u00a0<\/a><\/u><\/li>\n
- No FHA or VA loans<\/li>\n
- Property must be located in our County Service Area: Adams, Columbia, Dodge, Juneau, Sauk<\/li>\n
- Meet program income eligibility guidelines, household income must be at or below 80% County Median Income (CMI) to be eligible for the 2nd Mortgage<\/li>\n<\/ul>\n
2024 INCOME LIMITS SUMMARY
\n80% INCOME LIMITS<\/h5>\n
Persons In Family<\/p>\n<\/p>\n
\n\n\n\nCOUNTY<\/th>\n 1<\/th>\n 2<\/th>\n 3<\/th>\n 4<\/th>\n 5<\/th>\n 6<\/th>\n 7<\/th>\n 8<\/th>\n<\/tr>\n<\/thead>\n \n\nAdams<\/td>\n 48,550<\/td>\n 55,450<\/td>\n 62,400<\/td>\n 69,300<\/td>\n 74,850<\/td>\n 80,400<\/td>\n 85,950<\/td>\n 91,500<\/td>\n<\/tr>\n \nColumbia<\/td>\n 55,880<\/td>\n 63,800<\/td>\n 71,750<\/td>\n 79,700<\/td>\n 86,100<\/td>\n 92,500<\/td>\n 98,850<\/td>\n 105,250<\/td>\n<\/tr>\n \nDodge<\/td>\n 51,350<\/td>\n 58,700<\/td>\n 66,050<\/td>\n 73,350<\/td>\n 79,250<\/td>\n 85,100<\/td>\n 91,000<\/td>\n 96,850<\/td>\n<\/tr>\n \nJuneau<\/td>\n 48,550<\/td>\n 55,450<\/td>\n 62,400<\/td>\n 69,300<\/td>\n 74,850<\/td>\n 80,400<\/td>\n 85,950<\/td>\n 91,500<\/td>\n<\/tr>\n \nSauk<\/td>\n 53,600<\/td>\n 61,250<\/td>\n 68,900<\/td>\n 76,550<\/td>\n 82,700<\/td>\n 88,800<\/td>\n 94,950<\/td>\n 101,050<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n\n
\n- Be mortgage ready and able to secure affordable superior mortgage loan with 30-year fixed term mortgage from Bank, Credit Union, or USDA Rural Development<\/li>\n
- CWCAC Inc. will not provide a 2nd mortgage for a house purchase transaction that does not have a fixed rate mortgage.<\/li>\n
- Complete Home Buyer Education course provided by a HUD approved counseling agency. Click on this link to complete the ONLINE HOME BUYER<\/a><\/u> Education Course<\/li>\n
- No land contracts allowed<\/li>\n
- Must provide a cash contribution $1,000 of borrower funds, (not financed), toward purchase-earnest money, inspection fee, H.O. Insurance Premium, Cash to Close<\/li>\n
- Property may not be renter occupied or for any type of rental use<\/li>\n<\/ul>\n
Property Requirements<\/h3>\n\n- Move in ready-must meet Housing Quality Standards at the time of purchase<\/li>\n
- Property value must not exceed HUD established county limits<\/li>\n
- Must be fee simple title at purchase<\/li>\n
- Homes that qualify for a 2nd mortgage can be stick built, modular, new manufactured or condominium on a permanent foundation. A home on a rented or leased lot does not qualify.<\/li>\n<\/ul>\n<\/div>
First Time Home Buyer Program<\/h2><\/div>Down Payment Assistance
\n1000 HWY 13
\nPO Box 430
\nWisconsin Dells, WI 53965<\/p>\n
CONTACT
\nKelly Hess
\nProgram Manager<\/em><\/small>
\n(608) 254-8353 ext. 234
\nkelly@cwcac.org<\/a><\/p>\n<\/div><\/div><\/div><\/div><\/p>\n<\/div>
<\/div><\/div><\/div>Program Features<\/h3>\n\n- Loan to support purchase of single family home you will live in<\/li>\n
- Loan is 0% interest deferred payment<\/li>\n
- No payment on the loan is required until the home is sold, or is no longer the borrower\u2019s primary residence<\/li>\n
- The maximum amount allowed for a 2nd mortgage through the Homebuyer Program is $10,000 and may be applied to lender required down payment<\/li>\n<\/ul>\n
DOWN PAYMENT ASSISTANCE PROGRAM<\/a><\/u><\/p>\nBorrower Requirements & Qualifications<\/h3>\n\n- Must be pre-qualified for a conventional loan through a reputable lender-Bank, Credit Union, or USDA Rural Development –\u00a0LENDER INFORMATION\u00a0<\/a><\/u><\/li>\n
- No FHA or VA loans<\/li>\n
- Property must be located in our County Service Area: Adams, Columbia, Dodge, Juneau, Sauk<\/li>\n
- Meet program income eligibility guidelines, household income must be at or below 80% County Median Income (CMI) to be eligible for the 2nd Mortgage<\/li>\n<\/ul>\n
2024 INCOME LIMITS SUMMARY
\n80% INCOME LIMITS<\/h5>\n
Persons In Family<\/p>\n<\/p>\n
\n\n\n\nCOUNTY<\/th>\n 1<\/th>\n 2<\/th>\n 3<\/th>\n 4<\/th>\n 5<\/th>\n 6<\/th>\n 7<\/th>\n 8<\/th>\n<\/tr>\n<\/thead>\n \n\nAdams<\/td>\n 48,550<\/td>\n 55,450<\/td>\n 62,400<\/td>\n 69,300<\/td>\n 74,850<\/td>\n 80,400<\/td>\n 85,950<\/td>\n 91,500<\/td>\n<\/tr>\n \nColumbia<\/td>\n 55,880<\/td>\n 63,800<\/td>\n 71,750<\/td>\n 79,700<\/td>\n 86,100<\/td>\n 92,500<\/td>\n 98,850<\/td>\n 105,250<\/td>\n<\/tr>\n \nDodge<\/td>\n 51,350<\/td>\n 58,700<\/td>\n 66,050<\/td>\n 73,350<\/td>\n 79,250<\/td>\n 85,100<\/td>\n 91,000<\/td>\n 96,850<\/td>\n<\/tr>\n \nJuneau<\/td>\n 48,550<\/td>\n 55,450<\/td>\n 62,400<\/td>\n 69,300<\/td>\n 74,850<\/td>\n 80,400<\/td>\n 85,950<\/td>\n 91,500<\/td>\n<\/tr>\n \nSauk<\/td>\n 53,600<\/td>\n 61,250<\/td>\n 68,900<\/td>\n 76,550<\/td>\n 82,700<\/td>\n 88,800<\/td>\n 94,950<\/td>\n 101,050<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n\n
\n- Be mortgage ready and able to secure affordable superior mortgage loan with 30-year fixed term mortgage from Bank, Credit Union, or USDA Rural Development<\/li>\n
- CWCAC Inc. will not provide a 2nd mortgage for a house purchase transaction that does not have a fixed rate mortgage.<\/li>\n
- Complete Home Buyer Education course provided by a HUD approved counseling agency. Click on this link to complete the ONLINE HOME BUYER<\/a><\/u> Education Course<\/li>\n
- No land contracts allowed<\/li>\n
- Must provide a cash contribution $1,000 of borrower funds, (not financed), toward purchase-earnest money, inspection fee, H.O. Insurance Premium, Cash to Close<\/li>\n
- Property may not be renter occupied or for any type of rental use<\/li>\n<\/ul>\n
Property Requirements<\/h3>\n\n- Move in ready-must meet Housing Quality Standards at the time of purchase<\/li>\n
- Property value must not exceed HUD established county limits<\/li>\n
- Must be fee simple title at purchase<\/li>\n
- Homes that qualify for a 2nd mortgage can be stick built, modular, new manufactured or condominium on a permanent foundation. A home on a rented or leased lot does not qualify.<\/li>\n<\/ul>\n<\/div>
Down Payment Assistance
\n1000 HWY 13
\nPO Box 430
\nWisconsin Dells, WI 53965<\/p>\n
CONTACT DOWN PAYMENT ASSISTANCE PROGRAM<\/a><\/u><\/p>\n Persons In Family<\/p>\n<\/p>\n \n
\nKelly Hess
\nProgram Manager<\/em><\/small>
\n(608) 254-8353 ext. 234
\nkelly@cwcac.org<\/a><\/p>\n<\/div><\/p>\n<\/div>Program Features<\/h3>\n
\n
Borrower Requirements & Qualifications<\/h3>\n
\n
2024 INCOME LIMITS SUMMARY
\n80% INCOME LIMITS<\/h5>\n\n\n
\n \nCOUNTY<\/th>\n 1<\/th>\n 2<\/th>\n 3<\/th>\n 4<\/th>\n 5<\/th>\n 6<\/th>\n 7<\/th>\n 8<\/th>\n<\/tr>\n<\/thead>\n \n Adams<\/td>\n 48,550<\/td>\n 55,450<\/td>\n 62,400<\/td>\n 69,300<\/td>\n 74,850<\/td>\n 80,400<\/td>\n 85,950<\/td>\n 91,500<\/td>\n<\/tr>\n \n Columbia<\/td>\n 55,880<\/td>\n 63,800<\/td>\n 71,750<\/td>\n 79,700<\/td>\n 86,100<\/td>\n 92,500<\/td>\n 98,850<\/td>\n 105,250<\/td>\n<\/tr>\n \n Dodge<\/td>\n 51,350<\/td>\n 58,700<\/td>\n 66,050<\/td>\n 73,350<\/td>\n 79,250<\/td>\n 85,100<\/td>\n 91,000<\/td>\n 96,850<\/td>\n<\/tr>\n \n Juneau<\/td>\n 48,550<\/td>\n 55,450<\/td>\n 62,400<\/td>\n 69,300<\/td>\n 74,850<\/td>\n 80,400<\/td>\n 85,950<\/td>\n 91,500<\/td>\n<\/tr>\n \n Sauk<\/td>\n 53,600<\/td>\n 61,250<\/td>\n 68,900<\/td>\n 76,550<\/td>\n 82,700<\/td>\n 88,800<\/td>\n 94,950<\/td>\n 101,050<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n \n
Property Requirements<\/h3>\n
\n