FIRST-TIME HOMEBUYER OR VETERAN?

You could be eligible for help with your down payment, closing costs, or mortgage insurance through WHEDA.

At Wolf River Community Bank, we’re proud to offer the WHEDA Advantage® Conventional Loan Program, designed to help income-eligible first-time homebuyers and veterans purchase a home — with less stress and more support.

What is WHEDA?

WHEDA or Wisconsin Housing and Economic Development Authority, is a state agency that helps make homeownership more affordable for Wisconsin residents by offering special loan programs, down payment assistance, and mortgage insurance options—especially designed for first-time homebuyers, veterans, and income-eligible buyers. WHEDA partners with local lenders like Wolf River Community Bank to provide these helpful financing options and support throughout the home buying process.

Why choose a WHEDA Loan?

  • Low 3% down payment or 100% financing when paired with WHEDA Easy Close
  • Reduced mortgage insurance
  • Fixed-rate, 30-year loan term
  • First-rate, local loan servicing by WHEDA
  • Veteran-friendly options — available to qualified veterans*, even if you’ve owned a home before

How to qualify?

  • First-time home buyer or eligible veteran
  • Meet WHEDA income guidelines
  • Minimum of a 620 credit score
  • Complete a Homebuyer Education course

Need help with a down payment or closing costs?

Pair your loan with WHEDA Easy Close — a 10-year, fixed-rate second mortgage for extra support, right when you need it most. An Easy Close loan can be used for a down payment, closing costs or single-payment mortgage insurance premiums.

Let’s make home happen.

Buying your first home doesn’t have to be overwhelming. With WHEDA and Wolf River Community Bank on your side, we’ll walk you through every step.

Connect with one of our lenders today

*First-Time Home Buyer requirement is waived for qualified veterans, however Total Household Compliance Income cannot exceed FTHB/VALOR limits for County.

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