Up to 5% of the loan amount for down payment and closing costs (up to 4% on the first-time homebuyer option), paired with a 30-year fixed-rate first mortgage. 0% interest, 30-year deferred second mortgage that is never forgiven; due on sale, refinance, or at the end of 30 years.

Paired with: Conventional, FHA, VA, RD

• First-time homebuyer: Not required
• Primary residence only
• Minimum FICO: 640
• Maximum DTI: 50%
• Income: Qualifying income up to $165,000; purchase price up to $832,750. County limits apply to the first-time homebuyer option.
• Homebuyer education required

Minimum FICO 660 for manufactured homes (max DTI 45%). Government loans with FICO below 680 are capped at 45% DTI. The first-time homebuyer option requires no home ownership in the past 3 years.

Source: www.homeispossiblenv.org

$7,500 for down payment or closing costs as a 0% interest second mortgage forgiven monthly over 5 years, plus a below-market 30-year fixed rate on the first mortgage.

Paired with: Conventional, FHA, VA, RD

• First-time homebuyer: Not required
• Primary residence only
• Minimum FICO: 640
• Maximum DTI: 50%
• Income: Qualifying income up to $165,000; purchase price up to $832,750.
• Homebuyer education required

Available to licensed full-time K-12 public school classroom teachers in Nevada. Minimum FICO 660 for manufactured homes. Program currently runs through December 31, 2026.

Source: www.homeispossiblenv.org

$20,000 second mortgage at 0% interest with no monthly payment; non-forgivable 30-year deferred loan. Can be used toward down payment and closing costs, or to pay 2% or 4% in discount points to permanently buy down the first mortgage rate, with any remainder 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; purchase price up to $806,500.
• Homebuyer education required

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. $18 million program; first-come, first-served while funds last.

Source: www.business.nv.gov

3% or 5% of the loan amount (2% or 4% on Launchpad for First-Time Homebuyers) for down payment and closing costs, as a 0% interest, no-payment 30-year deferred second mortgage paired with a 30-year fixed-rate first mortgage.

Minimum FICO 640 (660 for manufactured homes). Launchpad income limit $165,000 with no first-time homebuyer requirement; the first-time option uses county income and purchase price limits. Not available within Reno, Las Vegas, North Las Vegas, Henderson city limits or the Enterprise, Paradise, Spring Valley and Sunrise Manor townships - verify property eligibility at HALMap.org.

Source: nvrural.org

$20,000 for down payment and closing costs as a 0% interest, no-payment second mortgage forgiven at the end of 30 years; repaid if the home is sold or refinanced sooner.

At least one borrower must be an essential worker and have lived in Nevada for six months. Minimum FICO 640 (660 for manufactured homes). Income up to 150% AMI by county; purchase price limit applies. Borrowers who previously used a Nevada Rural Housing homeownership program are not eligible.

Source: nvrural.org