MADISON, Wis. — With average home prices in Dane County about half those in the Los Angeles area, some LA folks might not think Madison-area homebuyers have a problem.
But the University of Wisconsin Credit Union has seen first-hand that purchasing a home isn't always easy, even in an area where costs are considered reasonable. That's true not only for young first-time homebuyers, but divorced or widowed people whose financial circumstances have changed since they became homeowners.
So the University of Wisconsin Credit Union has launched Home Attainable. The program offers a 30-year fixed-rate mortgage with up to 100% financing. In addition to being a member of the credit union, borrowers must:
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