Nevada Down Payment Assistance
Nevada Down Payment Assistance Programs
A guide to current down payment assistance options in Nevada, including the state Housing Finance Agency, well-known city and county programs, and live DPA mortgage pricing for Nevada homebuyers.
Nevada Housing Finance Agency
Nevada Housing Division (NHD)
NHD administers the primary DPA programs for Nevada. Program details below are current as of April 23, 2026 - confirm current terms directly with NHD before applying.
Statewide DPA Programs in Nevada
Home Is Possible
Nevada Housing Division
Grant of up to 4% of the total loan amount for down payment and closing costs, paired with a 30-year fixed-rate first mortgage.
Paired with: Conventional, FHA, VA, RD
- First-time homebuyer: Not required
- Primary residence only
- Minimum FICO: 660
- Income: Household income and purchase price limits apply; see Nevada Housing Division schedule.
- Homebuyer education required
Minimum FICO 680 for manufactured homes. Grant does not require repayment if occupancy requirements are met. Check current income and purchase price limits with NHD.
Source: www.homeispossiblenv.org
Home Is Possible For Teachers
Nevada Housing Division
$7,500 grant for down payment or closing costs, plus a below-market interest rate on the first mortgage.
Paired with: Conventional, FHA, VA, RD
- Primary residence only
Available to licensed full-time K-12 public school teachers in Nevada. Income and purchase price limits apply.
Source: www.homeispossiblenv.org
Worker Advantage Program
Nevada Housing Division
$20,000 second mortgage at 0% interest with no monthly payment; non-forgivable 30-year deferred loan. Can be used to buy down the first mortgage rate, with remaining funds toward down payment and closing costs.
Paired with: Conventional, FHA, VA, RD
- First-time homebuyer: Not required
- Primary residence only
- Income: Household income up to 150% of area median income.
At least one borrower must be employed in a qualifying essential-worker category (healthcare, education, public safety, construction). Applicant must have lived in Nevada for at least six months. Eligible purchase price cap applies. First-come, first-served while funds last.
Source: www.homeispossiblenv.org
Major City & County Programs in Nevada
Home At Last
Nevada Rural Housing · Rural Nevada counties plus rural portions of Clark and Washoe counties
Down payment assistance grant ranging from 2-5% of the loan amount depending on loan type; paired with a 30-year fixed-rate first mortgage. Grant does not require repayment.
Minimum FICO 640 (680 for manufactured homes). No first-time homebuyer requirement. Not available within Reno, Las Vegas, North Las Vegas, Henderson city limits or certain Clark County unincorporated townships - verify property eligibility with Nevada Rural Housing before applying.
Source: nvrural.org
2026 Loan Limits in Nevada
Conforming (Conventional)
$806,500 baseline
FHA
$524,225 floor
Most Nevada counties use the FHA floor limit.
Live DPA Pricing for Nevada
Pricing below is sourced live from hundreds of wholesale lenders for a Nevada scenario. Edit the inputs to match your situation.
FHA Down Payment Assistance
Up to 5% assistance; repayable second at first rate + 2% over 10 years
▸Program details
- ✓Minimum credit score: 580
- ✓Non-traditional credit also possible
- ✓Assistance up to 2.5%, 3.5%, or 5% of the lesser of purchase price or appraised value
- ✓Assistance can be used for down payment, closing costs, or both
- ✓Second lien: 10-year fixed, repayable
- ✓Second lien rate is 2% higher than the first mortgage rate
- ✓No first-time homebuyer requirement
- ✓No income cap
- ✓Purchase of primary residence only
- ✓Eligible properties: 1-unit residences, PUD, 2-4 units, FHA-approved condos, manufactured (single/double-wide)
- ✓DTI per AUS and FHA manual underwriting guidelines
- ✓First lien: FHA 30-year fixed
Assistance amount
Compare DPA options for Nevada with live pricing
Rate Direct pairs down payment assistance with live first-lien pricing so you see the combined monthly payment up front.