Today’s Rates

Home Is Possible for First-Time Homebuyers Highlights (FHA/VA/USDA-RD) 

• You must be a first-time homebuyer (could not have owned a primary residence in the last 3 years)
• Maximum purchase price & income limits per county: (View the limits by clicking on this link)
• Household income must be used in determining income
• Cosigner’s income does not count towards income limits
• Minimum credit score 640 (680 for manufactured homes)
• Maximum debt ratio: 50% if 680+ credit score; 45% if less than 680 credit score (45% for Manufactured Homes)
• DPA is in the form of a no interest, no payment 30-year note.

This information is meant to show program highlights. For underwriting criteria please see the Home Is Possible Administrative Guidelines.

Home Is Possible for First-Time Homebuyers Highlights (FHA/VA/USDA-RD) 

• You must be a first-time homebuyer (could not have owned a primary residence in the last 3 years)
• Maximum purchase price & income limits per county: (View the limits by clicking on this link)
• Household income must be used in determining income
• Cosigner’s income does not count towards income limits
• Minimum credit score 640 (680 for manufactured homes)
• Maximum debt ratio: 50% if 680+ credit score; 45% if less than 680 credit score (45% for Manufactured Homes)
• DPA is in the form of a no interest, no payment 30-year note.

This information is meant to show program highlights. For underwriting criteria please see the Home Is Possible Administrative Guidelines.

First-time Homebuyer DPA Program

• You must be a first-time homebuyer (could not have owned a primary residence in the last 3 years)
• Maximum purchase price: Follow Agency Guidelines with a maximum of $570,000
• 80% of County AMI or less (View the limits by clicking on this link)
• Household income must be used in determining income
• Cosigner's income does count towards program income limits (Fannie & Freddie requirement)
• Minimum credit score 640 (680 for Manufactured Homes)
• Maximum debt ratio: 50% (45% for Manufactured Homes)
• DPA is in the form of a no interest, no payment 30-year note

This information is meant to show program highlights. For underwriting criteria please see the Home Is Possible Administrative Guidelines.

First-time Homebuyer DPA Program

• You must be a first-time homebuyer (could not have owned a primary residence in the last 3 years)
• Maximum purchase price: Follow Agency Guidelines with a maximum of $570,000
• 80% of County AMI or less (View the limits by clicking on this link)
• Household income must be used in determining income
• Cosigner's income does count towards program income limits (Fannie & Freddie requirement)
• Minimum credit score 640 (680 for Manufactured Homes)
• Maximum debt ratio: 50% (45% for Manufactured Homes)
• DPA is in the form of a no interest, no payment 30-year note.

This information is meant to show program highlights. For underwriting criteria please see the Home Is Possible Administrative Guidelines.

HIP for Teachers FHA Highlights

• Maximum purchase price - $806,500
• Maximum income limit - $165,000
• Non-purchasing spouse's income must be included when determining qualified income
• Cosigner's income does not count towards income limits
• Minimum credit score 640 (680 for manufactured homes)
• Maximum debt ratio: 50% if 680+ credit score; 45% if less than 680 credit score (45% for Manufactured Homes)
• Purchaser cannot own other property at time of close
• Must be a Nevada licensed K-12 public or public charter school full-time classroom teacher
• $7,500 DPA is in the form of a no interest, no payment prorated 5-year forgivable note.

This information is meant to show program highlights. For underwriting criteria please see the Home Is Possible Administrative Guidelines.

HIP for Teachers Conventional Highlights

• Maximum purchase price - $806,500
• 80% of County AMI or less (View the limits by clicking on this link)
• Non-purchasing spouse's income must be included when determining qualified income
• Cosigner's income does count towards program income limits (Fannie & Freddie requirement)
• Minimum credit score 640 (680 for manufactured homes)
• Maximum debt ratio: 50% (45% for Manufactured Homes)
• Purchaser cannot own other property at time of close
• Must be a Nevada licensed K-12 public or public charter school full-time classroom teacher
• $7,500 DPA is in the form of a no interest, no payment prorated 5-year forgivable note.

This information is meant to show program highlights. For underwriting criteria please see the Home Is Possible Administrative Guidelines.

HIP for Heroes Highlights 

• Maximum purchase price - $806,500
• Maximum income limit - $165,000
• Non-purchasing spouse's income must be included when determining qualified income
• Cosigner's income does not count towards income limits
• Minimum credit score 640 (680 for manufactured homes)
• Maximum debt ratio: 50% if 680+ credit score; 45% if less than 680 credit score (45% for Manufactured Homes)
• VA and USDA-RD loans only
• Purchaser cannot own other property at the time of close

This information is meant to show program highlights. For underwriting criteria please see the Home Is Possible Administrative Guidelines.

HIP-DPA Government Loan Highlights

• Maximum purchase price - $806,500
• Maximum income limit - $165,000
• Non-purchasing spouse's income must be included when determining qualified income
• Cosigner's income does not count towards income limits
• Minimum credit score 640 (680 for manufactured homes)
• Maximum debt ratio: 50% if 680+ credit score; 45% if less than 680 credit score (45% for Manufactured Homes)
• You do not need to be a first-time homebuyer under this program
• Residential Units only. New or existing, one-four units detached or attached, condos, townhomes, and manufactured homes
• Purchaser may own one other property outside the State of Nevada at time of close (see guidelines)
• DPA is in the form of a no interest, no payment 30-yr note.

This information is meant to show program highlights. For underwriting criteria please see the Home Is Possible Administrative Guidelines.

HIP-DPA Government Loan Highlights

• Maximum purchase price - $806,500
• Maximum income limit - $165,000
• Non-purchasing spouse's income must be included when determining qualified income
• Cosigner's income does not count towards income limits
• Minimum credit score 640 (680 for manufactured homes)
• Maximum debt ratio: 50% if 680+ credit score; 45% if less than 680 credit score (45% for Manufactured Homes)
• You do not need to be a first-time homebuyer under this program
• Residential Units only. New or existing, one-four units detached or attached, condos, townhomes, and manufactured homes
• Purchaser may own one other property outside the State of Nevada at time of close (see guidelines)
• DPA is in the form of a no interest, no payment 30-yr note.

This information is meant to show program highlights. For underwriting criteria please see the Home Is Possible Administrative Guidelines.

HIP-DPA 80% AMI Conventional Highlights

• Maximum purchase price -$806,500
• 80% of County AMI or less (View the limits by clicking on this link)
• Non-purchasing spouse's income must be included when determining qualified income
• Cosigner's income does count towards program income limits (Fannie & Freddie requirement)
• Minimum credit score 640 (680 for manufactured homes)
• Maximum debt ratio: 50% (45% for Manufactured Homes)
• You do not need to be a first-time homebuyer under this program
• Residential Units only. New or existing, one-four units detached or attached, condos, townhomes, and manufactured homes
• Purchaser may own one other property outside the State of Nevada at time of close (see guidelines)
• DPA is in the form of a no interest, no payment 30-yr note.

This information is meant to show program highlights. For underwriting criteria please see the Home Is Possible Administrative Guidelines.

HIP-DPA <80% AMI Conventional Highlights

• Maximum purchase price - $806,500
• 80% of County AMI or less (View the limits by clicking on this link)
• Non-purchasing spouse's income must be included when determining qualified income
• Cosigner's income does count towards program income limits (Fannie & Freddie requirement)
• Minimum credit score 640 (680 for manufactured homes)
• Maximum debt ratio: 50% (45% for Manufactured Homes)
• You do not need to be a first-time homebuyer under this program
• Residential Units only. New or existing, one-four units detached or attached, condos, townhomes, and manufactured homes
• Purchaser may own one other property outside the State of Nevada at time of close (see guidelines)
• DPA is in the form of a no interest, no payment 30-yr note.

This information is meant to show program highlights. For underwriting criteria please see the Home Is Possible Administrative Guidelines.

HIP-DPA Over 80% AMI Conventional Highlights

• Maximum purchase price - $806,500
• Maximum income limit - $165,000
• Non-purchasing spouse's income must be included when determining qualified income
• Cosigner's income does not count towards program income limits 
• Minimum credit score 640 (680 for manufactured homes)
• Maximum debt ratio: 50% (45% for Manufactured Homes)
• You do not need to be a first-time homebuyer under this program
• Residential Units only. New or existing, one-four units detached or attached, condos, townhomes, and manufactured homes
• Purchaser may own one other property outside the State of Nevada at time of close (see guidelines)
• DPA is in the form of a no interest, no payment 30-yr note.

This information is meant to show program highlights. For underwriting criteria please see the Home Is Possible Administrative Guidelines.

HIP-DPA Over 80% AMI Conventional Highlights

• Maximum purchase price - $806,500
• Maximum income limit - $165,000
• Non-purchasing spouse's income must be included when determining qualified income
• Cosigner's income does not count towards program income limits 
• Minimum credit score 640 (680 for manufactured homes)
• Maximum debt ratio: 50% (45% for Manufactured Homes)
• You do not need to be a first-time homebuyer under this program
• Residential Units only. New or existing, one-four units detached or attached, condos, townhomes, and manufactured homes
• Purchaser may own one other property outside the State of Nevada at time of close (see guidelines)
• DPA is in the form of a no interest, no payment 30-yr note.

This information is meant to show program highlights. For underwriting criteria please see the Home Is Possible Administrative Guidelines.

Highlights

• Maximum purchase price $806,500
• Maximum income limit per county (View the county limits by clicking on this link)
• Non-purchasing spouse's income must be included when determining qualified income
• Cosigner's income does count towards program income limits (Fannie & Freddie requirement)
• Minimum credit score 640 (680 for manufactured homes)
• Maximum debt ratio: 50% (45% for Manufactured Homes) 
• Purchaser cannot own other property at the time of close
• DPA is in the form of a no interest, no payment prorated 3-year forgivable note.

This information is meant to show program highlights. For underwriting criteria please see the Home Is Possible Administrative Guidelines.