The Nevada Housing Division offers several loan programs to help first-time home buyers become homeowners in the Silver State.
If you haven’t owned a home in the past three years, you may qualify as a first-time home buyer. The Nevada Housing Division offers homebuying programs for repeat buyers, active-duty military and veterans, too.
National first-time home buyer programs to consider
With these national programs, home buyers in Nevada and elsewhere can get financing with low down payments, which are crucial for many first-timers.
Nevada Housing Division highlights and eligibility requirements
First-time home buyers in Nevada who meet income and other eligibility requirements can get 30-year mortgages at competitive interest rates through Nevada’s Home Is Possible loan and assistance programs.
Help with down payments and closing costs for low- and moderate-income borrowers.
Active military and veterans may be eligible for below-market interest rates.
Most programs have income limits.
Some programs establish limits on home prices.
Home must be a primary residence in Nevada.
Minimum credit scores vary by program.
Nevada first-time home buyer loan programs
Your next step
The division does not lend money directly; instead, approved lenders do. If you see a first-time or repeat home buyer program that appeals to you, contact a lender directly.