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Home buying counselors are a good stop for those with limited resources who may be eligible for grants towards your down payment or closing costs. You need to go to some classes on home ownership in order to receive these grants. The amount of the grant depends on what is available and what your current income is. Those with bruised credit or past home owners wanting to buy again can also benefit from some of the help that is available.
Call Select Milwaukee at 414-562-5070. Ask for Margaret or Irma. Check out their website at www.selectmilwaukee.com
Typical grants range from $1500. to $2500. Also if obtaining WHEDA funds you can purchase a home with as little as 3% down instead of the usual 5% down payment, provided you attend the classes.
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Terapak Realty & Mgmt., Inc.
1693 N. Humboldt Ave.
Milwaukee,
WI
53202
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Equal Housing Opportunity
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