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Wis Loan Any Wisconsin resident with a disability over the age of 18 in need of assistive technology or home modifications is eligible to apply for a loan. Some examples of assistive technology include wheelchairs, hearing aids, and vehicles with modifications. In addition, loans have been approved for home modifications such as ramp construction and roll-in showers. Loan amounts range from $500.00 to $50,000.00, but the actual loan amount will depend on the items purchased and your ability to repay. Current interest rate on a Wisloan is 6.5%. If you have bad credit, including bankruptcy, your application will still be considered. The focus is on the ability to make monthly payments to pay back the loan. Reasons for bad credit are taken into consideration. The program is made possible through a grant from Title III of the Assistive Technology Act (AT Act) of 1998. The Wisconsin Department of Health and Family Services (DHFS), Office for Persons with Physical Disabilities (OPPD) received the grant and provides programmatic and fiscal oversight. IndependenceFirst, a community-based and consumer-controlled Independent Living Center (ILC) based in Milwaukee, administers the program in partnership with Marshall & Ilsley Bank and seven other Independent Living Centers. How to apply for a WisLoan or Telework funds? Contact Independent Living Resources to schedule a time to meet with an Independent Living Specialist to fill out the loan application paperwork. Contact us at 608-787-1111 or at our toll free number 1-888-474-5745. To view a brochure on Wis Loan
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