3% Down Payment Home Loan

Make the move with a low down payment mortgage.

Move into your dream home sooner with a low 3% down payment mortgage loan. In many cases, the monthly mortgage payment for a new home is less than renting!

Our 3% down mortgage loan program is perfect if you are a first-time homebuyer* who doesn’t have a lot saved up yet for a down payment. It’s also a good fit if you want to free up some of your savings to be used after you move in to make your new house more like a home. Buy new furniture, add landscaping, update finishes or do renovations. Or throw a big housewarming party. It's up to you!

Why choose a 3% down payment mortgage?

  • Low 3% down payment loan makes it easier to buy a home sooner.
  • Variety of fixed rate mortgage options to fit your budget and goals.
  • One of the most experienced mortgage lending teams in south-central Wisconsin. Your loan officer will guide you through the process, answer your questions and be responsive whenever you call.

Don’t wait. Mortgage interest rates are low, making it an exceptional time to lock in an affordable monthly payment.  View today’s rates or check out our mortgage calculator to find out how much home you may be able to buy!

*At least one borrower must be a first-time homebuyer in Freddie Mac Home One program. If all borrowers are first-time homebuyers, you must participate in homeownership education. Wisconsin owner-occupied, single-family homes, condos or townhomes only. Three percent down payment due at closing. Only available for fixed rate mortgages. Example: A $200,000 loan with no points, a term of 30 years and an APR of 3.81% as of 7/20/2020 has a monthly principal and interest payment of $926.23 Payments do not include amounts for taxes and insurance premiums, if applicable, and actual payment obligation will be greater. Mortgage insurance required for loan amounts above 80% LTV. Rates and terms subject to change at any time. Offer subject to credit approval. Other low down payment mortgage options available. Other terms and conditions may apply.