For Lenders

Effective immediately, eligible borrowers can request up to $20,000 through the Home Buy the American Dream down payment program. Minimum housing ratio for eligibility remains at 25%, unless documentation of need is submitted.

A minimum housing code inspection will be ordered for all properties located in City of Madison. Lenders will no longer need to submit third party inspection for Madison properties.  

Underwriting guidelines on the website will be updated soon.

Home-Buy the American Dream Underwriting Manual

Downloadable forms:

 

 

SUBORDINATION CHECKLIST

https://www.cityofmadison.com/dpced/economicdevelopment/documents/SUBORDINATIONchecklistHBAD0418.doc

 

 

Last Updated: 08/15/2018

Contact Office of Community Development

(608) 266-4223
homeloans@cityofmadison.com

 

Mailing Address
Office of Community Development
P.O. Box 2627
Madison, WI 53701-2627

 

Location
30 W. Mifflin St, 8th Floor
Madison WI 53703

 

Hours of Operation
The Office of Community Development is open during regular business hours, however, appointments are strongly encouraged.