Wisconsin Mortgage Lender

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Wisconsin: The Badger State

Wisconsin, often known as the "Badger State," is located in the North-Central region of the United States. The state is rich in diversity, boasting a wide range of cities and towns, each offering its own unique charm and attractions. The metropolitan area of Milwaukee, along with nearby communities such as Madison and Green Bay, comprises the largest urban region in Wisconsin, serving as a dynamic center for commerce, culture, and entertainment.
Milwaukee is celebrated for its lively arts scene, cultural festivals, and significant attractions like the Milwaukee Art Museum and the Harley-Davidson Museum. Madison, the state capital, is renowned for its university atmosphere, beautiful lakes, and an array of outdoor activities. Meanwhile, Green Bay is known for its passionate football culture surrounding the NFL’s Green Bay Packers, making it a vibrant hub during the football season.
Housing Market Overview
When it comes to financing a home, Wisconsin's loan limits for Conventional, FHA, USDA, and VA loans can vary and are typically adjusted annually. These limits are set by government agencies or loan guarantor entities and depend on factors such as the type of loan and the county or area in which the property is located. For 2025, the baseline conforming loan limit is $802,650, up from $766,550 in 2024 and $726,200 in 2023 as well as $647,200 in 2022 for a primary single-family residence.
As of September 2024, the median sales price for homes in the Milwaukee metro area is approximately $322,000, reflecting a significant increase from $185,000 in 2000. In terms of housing affordability, Wisconsin ranked 18th nationally in 2023, with variations influenced by local employment trends, economic factors, and unique city attributes. If you’re interested in the most accurate and up-to-date loan limit information specific to Wisconsin, consulting a mortgage broker is highly recommended. These professionals can offer tailored advice based on your individual circumstances and have access to the latest loan limit guidelines.
Trends in the Housing Market
Home prices in Wisconsin fluctuate significantly based on location, with higher prices typically found in larger cities like Milwaukee and Madison. In recent years, the state’s housing market has experienced overall appreciation, or an increase in home values, although the rate of growth has been more moderate compared to some regions of the country. Specific trends can differ widely based on factors such as the city, neighborhood, and type of property.
Like many areas in the U.S., Wisconsin has faced challenges with housing inventory over the last few years. Demand for housing has outpaced supply, leading to a competitive market, especially in desirable neighborhoods and price ranges. Limited inventory can result in increased competition among buyers, multiple offer situations, and quicker sales.
Diverse Housing Options
Wisconsin offers a diverse range of housing types to meet the differing needs of different buyers. Options include single-family homes, duplexes, condos, apartments, and rural properties. The availability and popularity of these housing types can alternate across the state, with urban areas generally providing a wider selection for prospective buyers.
Are you considering moving to Wisconsin or investing in the local housing market? Whether you’re looking to purchase your first home or expand your property portfolio, understanding the dynamics of Wisconsin’s housing market is crucial. Don’t hesitate to reach out to a local real estate expert or mortgage broker to guide you through the process!

Licensing

NMLS #213677
Washington State Department of
Financial Institutions

NMLS Consumer Access

Regulated by the Division of Real Estate

M & M Mortgage, LLC BBB Business Review

Contact Us

M&M Mortgage, LLC

ROSEDALE TOWER
1700 West Highway 36
Roseville, MN 55113
Phone: (651) 639-9806
Fax: (651) 829-3226
Email: mkopiecki@themmmortgage.com

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