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.
Check out the program benefits and requirements:
- Down payment assistance at 4% of total loan amount
- Usable for down payment and closing costs
- Forgivable after 15 years (if you stay in your home)
- Attractive, 30-year fixed interest rate
- Statewide program
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.