Nevada first-time home buyer programs
Nevada Housing Division lists 2 programs that help buyers in Nevada with the down payment or closing costs. Amounts and terms are shown as the agency publishes them.
- Programs from the agency
- 2
- Biggest amount listed
- 5% of the loan
- First-time buyers only
- None of them
- Income caps
- Up to $95,500
Down payment assistance programs in Nevada
| Program | Amount | Grant or loan | Income limit | First-time buyers only |
|---|---|---|---|---|
| Home Is Possible. With the program's attractive-rate 30-year loan from an approved lender; credit score 640+; homebuyer course; price limit $400,000. | Up to 5% of the home loan | Grant: You never have to pay it back. | The income used to qualify for the loan must be below $95,500. | No |
| MBS Purchase Program DPA Grant. With an FHA, VA, USDA-RD or Conventional HFA Preferred loan through the Division's MBS Purchase Program; credit score 640+; price limit $400,000. | Up to 4% of the home loan | Grant: A true grant or gift that you never repay. | The borrower's qualifying income must be $95,500 or less. | No |
Usually, "first-time buyers only" means you haven't owned a home during the past three years, though every program sets a rule of its own. The name of each program links to a Nevada Housing Division page that says whether applications are open right now. The agency also maintains its own list of participating lenders. Compare down payment assistance programs across all states, or ask a lender that works with Nevada's programs.
How do you repay Nevada's programs?
- Grant: money you never pay back, used for the down payment or closing costs.
How does your income compare with Nevada's caps?
Every program has its own income cap, which the table shows, and the exact chart is on that program's agency page. Use the HUD income limits lookup (FY2026) to find the figure for your county and household size. If a program relies on its own county chart or Freddie Mac's, the result can differ from HUD's number, and the agency's chart decides.
| HUD area | Median family income | HUD low-income limit |
|---|---|---|
| Reno | $116,800 | $93,450 |
| Las Vegas-Henderson-North Las Vegas | $98,200 | $84,400 |
| Lyon County | $97,800 | $83,200 |
| Carson City | $91,000 | $82,250 |
HUD uses about 80% of the median as a starting point. Its own caps can hold that number down, including a yearly cap on increases, so the low-income limit is under 80% in a few areas.
Talk to a lender that works with Nevada programs
These programs are paid out through the agency's approved lenders, so the lender is your next step. Tell us where you're buying and a lender that works with Nevada's programs can explain which ones fit you.
Rather not call? Send your details and the lender will reach you.
Are you buying near a state border?
Arizona, California, Idaho, Oregon, Utah or programs for all 50 states plus DC.