HIP For First-Time Homebuyers

home is possible for first time homebuyers

Owning a home is part of the American Dream and one of the best paths for working and middle-class families to build wealth, but it can be difficult to save the money necessary to get started. That’s why we created this new program exclusively for first-time homebuyers.

HIP For First-Time Homebuyers offers interest-free down-payment assistance with a competitive interest rate to give buyers more buying power. It’s a win-win.

HUD-Approved Targeted Areas

Check out the program benefits and requirements:

Key Benefits:
  • Down payment assistance up to 4% of total loan amount
  • Usable for down payment and closing costs
  • Forgivable after 3 years (if you stay in your home)
  • Attractive, 30-year fixed interest rate
  • Statewide program
Program Requirements:

If you’re a Nevadan who is ready to experience the joys and responsibilities of homeownership, this program is for you! What’s next? Start by finding a HIP-qualified lender.


Our Other Programs

Nevada down payment assistance programs - Home is Possible

Home Is Possible™ offers thousands of dollars to help with a down payment or closing costs.

home is possible - a program for heroes

Home Is Possible For Heroes™ helps veterans be at home with a below-market interest rate.

Home Is Possible For Teachers™ gives K-12 teachers in Nevada $7,500 for a down payment or closing costs plus a below-market interest rate—for a limited time.

home is possible for teachers

Whether you’re a homebuying newbie or a homeowner veteran, one thing’s for sure: you’ll be even smarter after completing our free homebuyer education course.