November 12, 2019
Program details:
- $7,500 in bonus money for downpayment and closing costs
- Forgivable after 5 years at a prorated rate
- Borrower may not own property at the time of closing
- Must be a licensed full-time K-12 public school classroom teacher in Nevada
- Qualifying income below $98,500, home price below $484,350
- Minimum credit score of 660 for FHA / 640 for VA or USDA
- Government insured loans only (no conventional loans)
- Teacher must live in home as primary residence
Nia Girma
jmgirma@housing.nv.gov
702-486-5946
Josie Hatem
jhatem@housing.nv.gov
702-486-5983