Build Your Future with the UHM Grant Program
Buying a home just got easier, thanks to the Union Home Mortgage (UHM) Grant Program. This program is designed to give first-time and low-to-moderate income homebuyers in Wisconsin and beyond a helpful financial boost when purchasing a new home.
What Is the UHM Grant Program?
Union Home Mortgage offers qualified borrowers up to $2,000 or 2% of the purchase price - whichever is less - in down payment assistance. This grant works alongside either the Fannie Mae HomeReady or Freddie Mac Home Possible loan programs.
✅ No Repayment Required
✅ Available in All States UHM is Licensed
✅ Education Required
✅ Use with HomeReady or Home Possible
Learn more about HomeReady loans here and Home Possible here.
📝 Want to learn more about low down payment options directly from Union Home Mortgage? Check out the 1% Down Payment Program on UHM's official blog to explore how other programs may complement your journey to homeownership.
Grant Program Highlights:
- Purchase Only - Refinances and TBD properties not eligible
- Grant Amount - 2% of purchase price or $2,000, whichever is less
- No Repayment - The grant is a true gift
- Homebuyer Education - Required prior to closing
- 12-Month Ownership - Borrower must occupy the home for at least a year
- Minimum Down Payment - Borrower must still provide 1% (or more if required)
Note: The UHM Grant may not be used with other incentive programs such as BorrowSmart or through a Correspondent Investor like Chase.
Who Can Qualify?
To be eligible, borrowers must:
- Meet income limits and credit standards for HomeReady or Home Possible
- Provide the balance of the 3% down payment (5% for manufactured homes)
- Complete homebuyer education
- Intend to live in the home for at least 12 months
Looking for more flexible options? Check out our first-time homebuyer loan programs to see what fits your needs best.
Why This Matters
Saving for a down payment is one of the biggest barriers to homeownership. With the UHM Grant Program, you can get into your new home sooner, with less money out of pocket.
If you’re buying a home in Milwaukee, Oak Creek, Brookfield, Waukesha, or anywhere in Wisconsin, or anywhere across Southeast Wisconsin, this grant could be the key to unlocking homeownership.
Let's Talk About Your Next Step
Ready to apply or have questions? My team and I are here to walk you through your options.
📩 Email: azeman@uhm.com
📞 Call/Text: (414) 975-2654
🌐 Visit: adamzmortgageteam.com
We help qualified buyers close with confidence and less stress - every step of the way.
Let’s build your future together.