WHEDA Advantage Program

WHEDA Advantage Program The WHEDA Advantage is a 30 year conventional fixed rate loan, offered through Wisconsin’s network of lenders, which is not exclusive to first time home buyers, but is exclusive to a first mortgage (no refinancing). While there are income limits and loan limits, WHEDA states that they have tried to make the limits higher than normal to allow more Wisconsin borrowers to participate. This Wisconsin down payment program can be paired with Wisconsin down payment and closing cost assistance.