Program Information

Our homebuyer programs just make sense.
And they won’t cost you a single cent.

MCC helps clients afford more home.

First-time homebuyers can count the annual MCC tax credit toward their income, giving them more buying power.

A real estate agent is typically the first professional that potential homebuyers seek out. Imagine how much your new clients will love you when you're able to find the house of their dreams AND bonus money to help pay for it. Surely, they'll tell two friends, and they'll tell two friends, and so on.

Here’s the speed-reader’s version of the benefits and requirements of our three most popular homebuyer programs. If you want to become a HIP-qualified real estate agent and be featured on our handy dandy agent finder, click here to find out how.

Home Is Possible

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

Home Is Possible For Heroes

Key Benefits
  • Below-market fixed interest rate 30-year loan
  • Reduces monthly mortgage payment
  • No first-time homebuyer requirement
  • Can be combined with the Mortgage Credit Certificate with program fees waived
  • Statewide program
Program Requirements:
  • Must be a veteran, active military, surviving spouse or National Guard member
  • Qualifying income below $98,500
  • Home price below $400,000
  • Government issued loans only (no conventional loans)
  • 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

Mortgage Credit Certificate

Key Benefits
  • Federal tax savings up to 30% of the interest paid on a mortgage loan (maximum of $2,000 annually)
  • Savings to continue each year based on the actual mortgage interest paid
  • Remaining interest can be claimed as a tax deduction
  • $400 program discount when combined with the Home Is Possible (see HIP Plus)
  • Statewide program
Program Requirements
  • First-time homebuyers (have not owned a home in the past 3 years) or qualified veterans
  • Households meeting normal FHA, VA, conventional or USDA RD underwriting requirements
  • Households within the maximum income and purchase price limits
  • Must live in the home as the primary residence
  • One-time fees: $795 program fee plus $300 lender application fee

 

Our Programs

other 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.

mortgage credit certificate program - Home is Possible

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.

Nevada down payment assistance for teachers - Home is Possible

Teachers make it their life’s work to educate young minds. To show our appreciation, we’ve created Home Is Possible For Teachers. This homebuyer program is like extra credit for teachers who help make Nevada a great place to live.

For a limited time, get an additional $1,500 for closing costs on top of all the benefits homebuyers already get with Home Is Possible.