Get 5% Towards Your Down Payment or Closing Cost Money For FREE!

Helping Nevadans Feel at Home

Home is Possible grant program helps make the dream of home ownership a reality for qualified Nevadans.  Introduced in 2014, this program helps those who can afford a market rate mortgage, but whose savings fall short of the amount needed for entry costs.

The grant amount is up to 5% of the loan amount covering down payment and closing costs. The grant never needs to be repaid.


Key Benefits 

  • Fixed interest rate 30-year loan - current rate click here
  • No first-time homebuyer requirement
  • Grant is non-repayable
  • Must be homebuyer's primary residence
  • Available state-wide
  • No asset limits for homebuyers
  • Now offering a 3% grant with government loan types and up to a 5% grant with conventional loan financing
  • Grants are based upon the loan amount and can be used for down payment assistance and/or closing costs.


Program Requirements

  • Minimum credit score of 640 for government insured loans, 660 for manufactured homes and 680 for most conventional loans
  • Qualifying income on mortgage application must be below $95,500
  • Home price below $400,000
  • Homebuyer education course required
  • Must meet normal government or conventional loan underwriting requirements


How to Get Started 

  • Find an approved lender (link below)
  • Complete homebuyer paperwork with the lender 
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