Homebuyer Down Payment and/or Closing Cost Loan Program

 

Community Development Department can provide eligible low/moderate income households, who are purchasing a home in the City of Tomah, with a deferred payment loan to pay for closing costs and up to one-half of a required down payment to purchase a home. The maximum loan is 10% of purchase price.

Eligible closing costs include:

  • Loan Origination fees
  • Loan discount points
  • Appraisal costs
  • Credit Report
  • Title search & preparation charges
  • Transfer fees
  • Recording Costs
  • Surveyor charges

To pick up an application or for more information contact or stop by the Community Development Office
Office Hours are Monday through Friday 8:00AM to 4:30PM.
Office Address: City Hall Annex, 107 E Milwaukee St., Tomah WI 54660
(608) 374-7455

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