Lakeshore CAP Home Buyer and Financial Assistance Program

Lakeshore CAP Home Buyer and Financial Assistance Program is a deferred second loan for homebuyers in Manitowoc, Wisconsin, administered by Lakeshore Community Action Program (Lakeshore CAP). Lakeshore CAP helps income-eligible households purchase single-family, owner-occupied homes in Door, Kewaunee, Manitowoc, Sheboygan, or Calumet County. Following homebuyer education, direct loans with low or no interest from private, state, and federal resources may be available for down payment and closing costs. Direct down payment and closing-cost loans at low or no interest from private, state, and federal resources; financial planning, education, and counseling. Funding comes from Private, state, and federal resources.

Lakeshore CAP Home Buyer and Financial Assistance Program is deferred, so no payments are due until the home is sold, refinanced, or the first mortgage is paid off. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Lakeshore CAP Home Buyer and Financial Assistance Program is open to homebuyers who will live in the home as their primary residence. A homebuyer education course is required, through Lakeshore CAP homebuyer education and counseling. Residency requirement: Property must be a single-family owner-occupied home in Door, Kewaunee, Manitowoc, Sheboygan, or Calumet County.

Lakeshore CAP Home Buyer and Financial Assistance Program sets its income limit as follows: Income-eligible households; specific limits not published online (call for eligibility requirements). The limit applies to total household income, not only the borrower’s. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

Lakeshore CAP Home Buyer and Financial Assistance Program can be used for single_family.

Lakeshore CAP Home Buyer and Financial Assistance Program serves homebuyers purchasing in Manitowoc, Wisconsin. Targeted neighborhoods: Door, Kewaunee, Manitowoc, Sheboygan, Calumet counties.

Applications for Lakeshore CAP Home Buyer and Financial Assistance Program go through Lakeshore Community Action Program (Lakeshore CAP), which publishes the current terms and the application steps on its own site. 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.