fbpx

Home Is Possible Down Payment Assistance Grant

Nevada

Available Assistance

The Home Is Possible program offers homebuyers a 30-year, fixed rate mortgage. The grant amount can be as much as 5 percent of the loan amount and must be put toward the down payment and closing costs. The grant does not have a repayment requirement and is available to residents all over the state of Nevada. The Home is Possible program can also be combined with Nevada Housing Division’s Mortgage Credit Certificate (MCC) Program.

Eligibility Requirements

Unlike most assistance programs, the program is not exclusive to first-time homebuyers, and there are no asset limits that applicants must fall under. All homebuyers must have a credit score of at least 640 for government-backed loans and 680 for conventional loans. The qualifying income on mortgage applications must be below $98,500. Applicants must pay a one-time fee of $675, and successfully complete a homebuyer education course. ​All homebuyers must meet normal government or conventional loan underwriting requirements.

Property Guidelines

Any property purchased under the Home Is Possible program must serve as the homebuyer's primary residence. The purchase price of the home must be below $400,000. Effective February 1, 2016, manufactured housing loans will be available for government loans.

8890188905890018900289003890048900589006890078900889009890108901189012890138901489015890168901789018890198902089021890228902389024890258902689027890288902989030890318903289033890348903689037890398904089041890428904389044890458904689047890488904989052890538905489060890618906789070890748907789081890848908589086890878910189102891038910489105891068910789108891098911089111891128911389114891158911689117891188911989120891218912289123891248912589126891278912889129891308913189132891338913489135891368913789138891398914089141891428914389144891458914689147891488914989150891518915289153891548915589156891578915889159891608916189162891638916489165891668916989170891738917789178891798918089183891858919189193891958919989301893108931189314893158931689317893188931989402894038940489405894068940789408894098941089411894128941389414894158941889419894208942189422894238942489425894268942789428894298943089431894328943389434894358943689437894388943989440894418944289444894458944689447894488944989450894518945289460894968950189502895038950489505895068950789508895098951089511895128951389515895198952089521895238953389555895578957089595895998970189702897038970489705897068971189712897138971489721898018980289803898158982089821898228982389825898268982889830898318983289833898348983589883

0%
You Are Almost There! Thanks For The Support 😄

Get Pre-Approved Today With A Lender That will WORK FOR YOU!

0%
You Are Almost There! Thanks For The Support 😄

Get Your FREE Credit Score!

Confirm your credit scores to get your grant results, absolutely free and no effect on your credit.

0%
You Are Almost There! Thanks For The Support 😄

Get financial support for you and your family!

Be sure to take advantage of exclusive resources and benefits for you and your family below!

0%
You Are Almost There! Thanks For The Support 😄

See your state housing grant programs!

There is plenty of money available to help pay for rent, bills, and utilities.

0%
You Are Almost There! Thanks For The Support 😄

Find Business and Education Grants!

There are plenty of govt grants to pay for a new business or education.

0%
You Are Done! Thanks For The Support 😄

Here are your Results!

Learn more about your state’s grant programs or go back to take advantage of today’s offers and benefits! Also be sure to check your email daily for our exclusive money hacks and newsletter updates.