Six Lakes Realty

WHEDA Loans Available for Repairing Older Wisconsin Homes

WHEDA home repair loans for Wisconsin homeowners

Many homes in Northwestern Wisconsin and other areas of the state were built before 1984. Eventually, an older home will need a new roof, new windows, or updated plumbing and mechanical systems. Other needs might include mold remediation or lead-based paint removal.

If you own a Wisconsin home that is at least 40 years old, and you occupy it as a primary residence, WHEDA’s loan program could help you make repairs! WHEDA, the Wisconsin Housing and Economic Development Authority, offers theMore Like Home™ Repair and Renew Loan program for essential repair needs. Such as:

  • Roof repair or replacement
  • Window replacement
  • Exterior door replacement
  • Heating, electrical, or plumbing system repair
  • Removal of lead paint, mold, asbestos, or other contaminants

There are a few conditions:

  1. Loan amounts may not exceed $50,000. The loan amount is determined by the repair needs.
  2. A licensed and insured contractor must complete the work.
  3. Income limits apply. For Barron and Rusk counties, the income limit is $136,360.
  4. The program is available while the money lasts. WHEDA has $50 million in funds available for this program.

WHEDA’s More Like Home™ Repair and Renew Loan can be applied for through participating lenders throughout Wisconsin. You can find a list of approved lenders on the WHEDA website. Check with your local bank as well.

We hope this information is helpful to you! Six Lakes Realty is a locally owned family business with over 45 years of experience. Contact us today for friendly, hometown service!

John Flor
Managing Broker
Six Lakes Realty
Office: (715) 924-4806
Email: john@sixlakesrealty.com

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