First-Time Home Buyer Programs in Madison, WI
Buying your first home is the biggest financial decision of your life — and Rob Miller has spent 15+ years making it less intimidating and more affordable for Wisconsin buyers. From low-down-payment options to WHEDA assistance, we'll find the program that gets you into your first home.
Buying Your First Home in Wisconsin
The biggest barrier for most first-time buyers isn't income — it's the upfront cost. Down payments, closing costs, inspections, and moving expenses can add up fast. The good news: Wisconsin has some of the best first-time homebuyer programs in the country, and Rob Miller knows how to stack them to minimize what you need to bring to closing.
Whether you're buying in Madison, Middleton, Sun Prairie, Fitchburg, or anywhere in Wisconsin, the right combination of loan program and assistance can make homeownership far more achievable than you think — often with less cash out of pocket than your current monthly rent.
First-Time Buyer Loan Programs
WHEDA Advantage
Wisconsin's state program offers below-market rates + up to 6% down payment assistance exclusively for WI residents.
FHA Loans
As little as 3.5% down with a 580+ credit score. Gift funds from family are allowed for the entire down payment.
Conventional 97
Fannie Mae HomeReady and Freddie Mac Home Possible offer 3% down for first-time buyers with income limits.
VA Loans (Veterans)
$0 down with no PMI for eligible veterans and active-duty service members — the most powerful first-time buyer tool available.
USDA Loans
$0 down for eligible suburban and rural Wisconsin properties. Broader geographic coverage than most buyers realize.
Down Payment Assistance
WHEDA Easy Close DPA provides up to 6% of purchase price. Additional local programs may be available in your area.
The First-Time Buyer Roadmap
- Step 1 — Get Pre-Approved: Know your budget before you start shopping. A pre-approval letter also makes your offers competitive.
- Step 2 — Identify Your Program: Rob reviews your credit, income, and savings to identify every program you qualify for and rank them by total cost.
- Step 3 — Complete Homebuyer Education (if required): WHEDA and some DPA programs require an online course — typically 6–8 hours and available anytime.
- Step 4 — Make an Offer: Your agent submits the offer; your pre-approval letter is attached to show sellers you're a serious, qualified buyer.
- Step 5 — Application & Underwriting: Rob's team handles the loan processing, keeps you updated, and resolves any underwriting conditions quickly.
- Step 6 — Close & Get Your Keys: Sign your closing documents, pay your minimal down payment and closing costs, and get your keys.
Not sure which program is right for you? A free 15-minute call with Rob Miller is all it takes to find out exactly what you qualify for and how much you'll need at closing.
Schedule a Free First-Time Buyer Consultation