Lending Options

ONB Down Payment Assistance Program: You could receive up to 3% of the home-purchase price to use toward a down payment, in addition to the benefits included with a HomeReady or Home Manager mortgage. A limited amount of funds are available through this program on a first-come,
first-served basis.
Get in touch with Anne Brannon, 414- 839-0347 who can walk you through the details and see if you qualify both for this assistance program and for a HomeReady or Home Manager mortgage.

WHEDA Fixed-Rate Conventional Loan, including FHA, VALOR, and purchase rehab.  100% financing available.

Home Possible Fixed-Rate Conventional Loan: 3% down payment with many grants and buyer assistance programs available.

Home Purchase Loans: alternative credit options with 12-month good  payment history with many grants and buyer assistance programs available. 

Grant Programs: North Shore works with several groups to maximize the grants available to you.

Contact Miguel Pesqueira at 262-389-9234 or mpesqueira@northshorebank.com for personalized attention.

Affordable Home Loan Program: Includes competitive mortgage rates, low monthly payments and reduced closing costs.

Contact David Ibric at 262-664-9478 or at david.ibric@cibmmortgage.com or Brynn Sorenson at 262- 695-4343 or Brynn.Sorenson@cibmortgage.com for personalized attention.

Home Purchase & Renovation Loans: Single point of contact throughout the process, initial consultation to post-closing.

Contact Brenda Brown at 414-352-8713 or Jennifer Lamb at 414-282-4758 for personalized attention.

City of Milwaukee Target Improvement Neighborhood (TIN) Loans: The Targeted Investment Neighborhood (TIN) initiative is designed to sustain and increase owner-occupancy, provide high quality affordable rental housing, strengthen property values, and improve the physical appearance and quality of life of neighborhoods.

The City of Milwaukee  Home Rehabilitation Loan & Rental Rehabilitation Loan Programs are available only in the nine target areas described above. These areas include Walker’s Square, Burnham Park/Silver City, Clark Square, Harambee North, Brody, Century City, Roosevelt Grove, Tri-Block, Washington Park.

Affordable Mortgage Program: Provides you with up to $9,000 in down payment assistance. You may only need as little as $1,500 to close on your new home.

Contact Sandra Benitez at 414-241-0147 for more information.

Down Payment Assistance: The Equitable Bank participates in several down payment assistance programs that help income-eligible buyers receive funds that assist with down payment and closing costs. Up to $11,000 in down payment assistance.

Credit Builder Loan Program: Program designed to help build credit or reestablish positive credit history. It’s also a great option for those looking to save for a down payment on a new home.

HomeReady/Home Possible: Special loan programs designed to help low to moderate creditworthy borrowers. Borrowers can become eligible depending on the property’s location and income limit. Affordable loans with as little as 3% down payment for owner occupied properties.

FHA Loan: Backed by the federal government. Down payment as low as 3.5% and can be fully gifted.

VA Loan: A low down payment mortgage program for qualified veterans of the Armed Services, those on active duty, reservists, and spouses of a veteran. Contact Veron Gray at 414.587.3663 or veron.gray@equitablebank.net to find out what program is right for you.

First Time Homebuyer Coupon: $500 off Closing Costs, Conventional fixed rate loans. VA, FHA, GRH loans. First time buyers only.

HomeReady Mortgage Program: Down payment as low as 3%. Owner Occupied properties only. For first time buyers, repeat buyers or refinance.

Home Style Renovation Program: Borrow up to 75% of your home’s as-completed appraised value.

Program for Assisting Today’s Homebuyer (PATH): Receive up to $4,000 for down payment and closing cost assistance. Owner occupied only.

Care Mortgage Program: Community oriented mortgage program. Income and HUD guidelines must be followed. Flexible credit requirements.

Contact Suphansa Phetvisay at 414-312-5024 or sphetvisay@associatedbank.com for individualized attention.

Achieve Checking: Financial hardships and lack of financial management skills can have a strong impact on your finances and Bank Five Nine can help. Certified through BankOn, a platform sponsored by the CFE Fund (Cities for Financial Empowerment).

Home Possible and Home Ready: As low as 3% down payment, Reduced Mortgage Insurance, Income limit qualifications.

FHA Loan: FHA interest rates are usually better compared to a conforming 30-Year Fixed loan. As low as 3.5% down payment. Loans are not credit score driven. 

WHEDA: Multiple Loan Options, Down Payment and closing cost assistance, Reduced Mortgage Insurance.

 VA: Low fixed-rate interest options, up to 100% financing, no mortgage insurance, and you may not even need a down payment.

USDA: No down payment required, finance up to 100% of the property value. Income restrictions are County specific.

Contact Jennifer Van Valzah at 414-737-5968 or at jvanvalzah@boemortgage.com or Jonathan Mosca at 414-852-1385 or jmosca@boemortgage.com (Jonathan is Spanish speaking)

Bell Bank is your local lender.  We pride ourselves on individualized customer service and our loan
officers understand the needs first-time home buyers.  We work with many local down payment loan
programs as well as the Wisconsin Housing Development Agency (WHEDA) homebuyer programs.  We
also offer our exclusive Bell Moving Forward 1% down loan program.  Visit our website to apply and get
started!