1st Time Buyer

Big Enough to be One of Dane County's Leading Home Lenders, but Small Enough to Care

You can increase your chance of getting the home you choose by seeing us to get pre-qualified for a loan before you start looking at properties. We'll help you figure out how much home you can afford. In addition to pre-qualification, we can accept a loan application and issue a pre-approval certificate indicating your purchasing status to you or your realtor - AT NO COST TO YOU.

The State Bank of Cross Plains offers a full array of mortgage options. Our prices are competitive with those of any lender, and we make decisions locally and quickly. These are some of the many options we have available to you.




Buying your first home can be intimidating, overwhelming and a little scary.  

There is no need to worry!  

At the State Bank of Cross Plains, we have gone that extra step to make the first time home buying process as painless as possible.  We will provide individual counseling and education, clarify the entire home buying process and identify the available down payment assistance programs.  Take advantage of our "Perfect Time to Buy" First Time Homeowner options today!

Your Costs are Reduced!
The State Bank of Cross Plains will help you save money on your new home purchase with:

  • Our Foundations for Families Program
  • Multiple Down Payment Assistance Programs.
  • $450 off origination fees on certain mortgage products.  This offer is available only for closed-end first lien home purchase loans that are 1-2 unit, owner-occupied properties, and not guaranteed by the Wisconsin Department of Veterans Affairs.

How Can You Qualify?

  • You must be a First Time Homeowner.*
  • You must not exceed established income limits to qualify for specific programs.
  • A minimum credit score may be required with certain products.
  • You must have earned a completion certificate from an approved pre-purchase education program.
  • Click here to apply online or view our rates.

*To qualify as a first time homeowner, you must not have owned a home in the last three years.



Our Foundations Program helps to build stronger foundations for families and our communities. Foundations for Families is the perfect solution for first time homebuyers or low to moderate income borrowers who need another option.

  • Fully amortized Adjustable Rate Mortgage*
  • Minimal down payment (Borrowers own funds, down payment assistance, gifts)
  • Down Payment Assistance funds may be applied
  • Owner occupied (1-2 units)
  • Geographic area includes: all of Dane County and all contiguous counties
  • Income may not exceed 80% of the area median family income as estimated by the Federal Financial Institutions Examination Council
  • No private, mortgage insurance
  • Completion of an approved pre-purchase education program is required
  • Click here to apply online or view our rates.

*No negative amortization. Index is based on US Treasury Securities, adjusted to a constant maturity of one year, as made available by the Federal Reserve Board. Rate may increase after consummation. Subject to credit approval and standard underwriting guidelines.


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