
Mortgage Options from WMC
Let our professional loan officers help you choose the right mortgage.
The road to home ownership
Wisconsin Mortgage Corporation gives you a range of loan options along with competitive rates and closing costs. And we’ll be glad to guide you through the home financing process. We offer free certified pre-approval and convenient local offices. To get your dream off the ground, visit our website today.
Conventional Mortgages.
Fixed rate.
- Stable monthly payments for the life of the loan.
Adjustable rate.
- Initial rate is lower than a fixed rate.
- Rate is fixed for a set term, usually 1, 3, 5 or 10 years.
- After initial fixed term the rate may adjust.
Down payment options vary by program.
Federal Housing Administration (FHA) mortgages.
- Fixed or adjustable rate
- 3.5% down payment on one- or two-family homes
- Down payment can be fully gifted.
- Lower monthly mortgage insurance rate
Federal Veterans Administration (VA) mortgages.
- Must be an eligible veteran
- Fixed rate
- 0% down payment
State Veterans Administration (VA) mortgages.
- Must be an eligible veteran
- Fixed rate
- 5% down payment
- No Private Mortgage Insurance (PMI)
Other options available.
- Construction loans
- Lot purchases
- Contact us for more options