There’s a new way to get into your first home — announcing Home First
Home First, the newest homebuying program from Nevada Housing Division, is making ownership possible for first-time homebuyers throughout Nevada. With generous down payment support and liberal home price limits, it’s easier than ever to get the keys to your first home.
Program Benefits:
- $15,000 down payment assistance
- (cannot be used for closing costs)
- Forgivable after 3 years (if you stay in home)
- 30-year fixed rate mortgage
- Purchase price up to $570,000 (see agency guidelines)
Eligibility Requirements:
- Must be first-time homebuyer
- (cannot have owned a home in the last 3 years)
- Minimum of 6 months Nevada residency
- Minimum credit score 640
- Must complete homebuyer education course
- Income must fall within Household Income Limits (see below)
300% Federal poverty level
| # of Persons in Household | Annual Income |
| 1 | $43,740 |
| 2 | $59,160 |
| 3 | $74,580 |
| 4 | $90,000 |
| 5 | $105,420 |
| 6 | $120,840 |
| 7 | $136,260 |
| 8 | $151,680 |
80% County AMI
| County | Annual Income |
| Carson City | $62,150 |
| Churchill | $65,440 |
| Clark | $65,360 |
| Douglas | $69,200 |
| Elko | $81,200 |
| Esmeralda | $65,440 |
| Eureka | $86,240 |
| Humboldt | $74,000 |
| Lander | $89,840 |
| Lincoln | $65,440 |
| Lyon | $65,440 |
| Mineral | $65,440 |
| Nye | $65,440 |
| Pershing | $65,440 |
| Storey | $77,200 |
| Washoe | $77,200 |
| White Pine | $65,440 |