Nevada Home Is Possible
Nevada Housing Division offers Home Is Possible to home buyers in Nevada: up to 5% of the home loan, as a grant.
- Amount
- Up to 5% of the home loan
- Kind of help
- Grant
- First-time buyers only
- No
- Credit score
- 640 or higher
How is Nevada Home Is Possible paid back?
Grant: you never have to pay it back.
A grant is money you never pay back, as long as you keep to the program's rules.
Who qualifies for Nevada Home Is Possible?
- The income used to qualify for the loan must be below $95,500.
- You don't have to be a first-time buyer.
- A credit score of 640 or higher.
- A homebuyer education course before you buy.
- It comes with the program's attractive-rate 30-year loan from an approved lender.
- Price limit: $400,000.
Most limits follow your county and household size. Our HUD income limits lookup shows your area's median income and where your household sits.
How to apply for Nevada Home Is Possible
- Nevada Housing Division pays this help out through its approved lenders, so you apply with one of them, together with your home loan.
- The lender checks your income, credit and the home against the program's rules and reserves the money for you.
- The help is paid at closing, toward your down payment and closing costs.
Read the full rules and whether it is taking applications on Nevada Housing Division's page for Home Is Possible, or pick a lender from the agency's list of participating lenders.
Ask a lender about Nevada Home Is Possible
Tell us where you're buying and a lender that works with Nevada's programs can tell you whether Nevada Home Is Possible fits you, and what you could combine with it.
Rather not call? Send your details and the lender will reach you.
Other first-time buyer programs in Nevada
- Nevada MBS Purchase Program DPA Grant: up to 4% of the home loan, grant.
All Nevada first-time home buyer programs · Down payment assistance in every state