City of West Allis Home Buyer Loan Program

City of West Allis Home Buyer Loan Program is a repayable second loan for homebuyers in West Allis, Wisconsin, administered by City of West Allis Department of Development / Housing Department. The City of West Allis Home Buyer Loan Program provides low- to moderate-income households a 0% interest deferred loan of up to $5,000 toward the down payment and closing costs on a single-family home or duplex in West Allis. The loan is repaid in small monthly installments (about $40/month) and the buyer must occupy the home as a principal residence for at least five years. Applicants must complete HUD-certified homebuyer counseling and apply at least three weeks before closing. Up to $5,000 toward down payment and closing costs. 0% interest. Low monthly repayment (~$40/month). Covers single-family homes and duplexes in West Allis. Funding comes from City of West Allis (CDBG / local housing funds).

City of West Allis Home Buyer Loan Program offers up to $5,000 in assistance. Amounts are the program's published maximums, not an offer — City of West Allis Department of Development / Housing Department determines any individual award.

City of West Allis Home Buyer Loan Program is a repayable second loan and is repaid under the terms set by City of West Allis Department of Development / Housing Department. Repayment is triggered by Repaid in small monthly installments (~$40/month); buyer must remain owner-occupant for a minimum of 5 years. The assistance is recorded in Second position. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

City of West Allis Home Buyer Loan Program is open to homebuyers who will live in the home as their primary residence. A homebuyer education course is required, through HUD-Certified Housing Counselors (homebuyer counseling course; proof of completion required). Residency requirement: Property must be located within the City of West Allis and used as the buyer's principal residence for at least 5 years. Repayable 0% loan (not forgivable). 5-year owner-occupancy required. Min credit score, DTI, and minimum contribution not published in the primary source (left blank, not guessed). Income table and purchase-price caps reflect the 2025 application.

City of West Allis Home Buyer Loan Program limits household income to 80% of the area median income, which varies by county and household size. Maximum gross annual household income by household size (2025): 1=$39,350; 2=$44,950; 3=$50,550; 4=$56,150; 5=$60,650; 6=$65,150; 7=$69,650; 8=$74,150 (~80% AMI, Milwaukee MSA). The limit applies to total household income, not only the borrower’s. The program lists a maximum household size of 8. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

City of West Allis Home Buyer Loan Program caps the purchase price at $269,000. Eligible property types include Single Family and 2-4 Unit.

City of West Allis Home Buyer Loan Program serves homebuyers purchasing in West Allis, Wisconsin.

Applications for City of West Allis Home Buyer Loan Program go through City of West Allis Department of Development / Housing Department, which publishes the current terms and the application steps on its own site. Funds are reserved through Application submitted to City Housing Department a minimum of 3 weeks prior to scheduled closing; funds subject to availability. Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.