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  • Gabriel Bravo

    Unique Features of WHEDA Loans In an effort to help the lower income individuals of Wisconsin find affordable housing, the Wisconsin Housing and Economic Development Authority, or WHEDA for short, was formed.� The various loans offered by WHEDA have unique features that make it easier for people to buy their first home.

  • Michael Collins, CDPE 608-921-8536

    WHEDA FHA Advantage In 1934 the United States congress created FHA (Federal Housing Authority) which originally was designed to insure loans offered to contractors that were building affordable housing.  Of course, over time the mission and goals of FHA changed to insure loans offered to people who needed to buy a home.  In 1972 Wisconsin organized the Wisconsin Housing Economic Development Authority, also called WHEDA, to help people of low income afford their first home.

  • Michael Collins, CDPE 608-921-8536

    WHEDA Fannie Mae Advantage Most homes are expensive.  There is just no way to sugarcoat it.  Finding affordable transportation and good clothes at a decent price can be a simple task, but finding a LIVABLE home that is also CHEAP can be almost impossible.  However, the people of Wisconsin now have an opportunity to buy a home, at an affordable rate, thanks to the Fannie Mae Advantage plan offered through WHEDA.

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Hypotec lending: You finally found the perfect home for your family, and all you need now is a mortgage. The sellers are looking for a quick deal and you need to show them you’re serious. They have someone lined up right behind you just waiting to snatch this baby from under you. Your wife absolutely loves the house and you can’t afford going through another 3 months of house hopping (or driving around the neighborhood…again!