HIP Plus

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.

Like any legendary pairing – think spaghetti and meatballs or cookies and milk – the Home Is Possible and Mortgage Credit Certificate homebuyer programs are best served together.

 

When you meet the requirements of both programs, you’ll double up on benefits from both, saving you some serious dough during the closing process and every year at tax time.

 

HIP Plus Key Benefits:

  • Non-repayable money up to 5% of the loan value (usable for down payment and closing costs)
  • Federal tax savings up to 30% of the mortgage interest paid (annually for the life of the loan)
  • Attractive 30-year interest rate
  • Financing available for manufactured homes

HIP Plus Requirements

 

Just remember this simple equation for saving money:
HIP + MCC = HIP Plus

 

Ask your lender if you qualify. Need a lender? Visit our Find a Lender page. 

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Our Other Programs

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.

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.

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.