Home Is Possible Program

Nevada down payment assistance programs - Home is Possible

Get bonus money. Buy a house. Celebrate. In a nutshell, that’s how the Home Is Possible program works.

Established by the state of Nevada in 2014, Home Is Possible helps homebuyers just like you to get up to 5% of the home loan value. That's thousands of dollars for a one-time fee of just $675. When you qualify, you can use that money for your down payment or closing costs.
 
Yes, really.
 
So what are the highlights of the Home Is Possible program? Here’s a handy dandy list.
Key Benefits:
  • Non-repayable money up to 5% of the loan value
  • Usable for down payment and closing costs
  • Attractive 30-year interest rate
  • No first-time homebuyer requirement
  • Financing available for manufactured homes
  • Statewide program
Program Requirements:
  • Qualifying income below $98,500 
  • Home price below $400,000 
  • Minimum credit score of 640 
  • Homebuyer must live in home as primary residence 
  • Homebuyer education course required 
  • Must meet standard underwriting requirements
  • One-time fee of $675

If you love the benefits and meet the qualifications, the next step is to find a Home Is Possible qualified lender. They’ll help you get thousands of dollars in bonus money, courtesy of Nevada Housing Division and our Home Is Possible program.

HIPP_Other_pro

Our Other Programs

The MCC program provides homebuyers with an income tax savings of up to 30% of the interest paid on their mortgage loan every year.

Nevada veterans mortgage assistance - Home is Possible for Heroes

Thanks to our veterans and active military personnel, we’re free to give the dream of homeownership. Humbly, we deliver through our Home Is Possible For HeroesTM program.

Down payment assistance Nevada - combining HIP and Mortgage Credit Certificate

Can you have too much of a good thing? If that thing is money, we say, “Heck no!” That’s why we’ve created Home Is Possible Plus™, or HIP Plus for short.

mortgage credit certificate

The MCC program provides homebuyers with an income tax savings of up to 30% of the interest paid on their mortgage loan every year.