Up To 5 Percent Down Payment Assistance Grants

Up To 5 Percent Down Payment Assistance Grants

The Home Is Possible grant program helps make the dream of home ownership a reality for qualified Nevadans.  Introduced in 2014, this program helps those who can afford the monthly mortgage payments, but whose savings may fall short of the necessary down payment.

The down payment assistance grant amount can be as much as 5% of the loan amount, to be used for covering down payment and closing costs. For example, on a $ 200,000 loan amount, your down payment assistance grant, pending the qualifications specified below, may be as high as $10,000. This grant never needs to be repaid.

Key Benefits

  • Fixed interest rate 30-year loan

  • No first-time homebuyer requirement

  • Grant is non-repayable

  • Available state-wide

  • No asset limits for homebuyers

  • Now offering up to a 4% grant with government loan types and up to a 5% grant with conventional loan financing

  • Grants are based upon the loan amount and can be used for down payment assistance and/or closing costs.

  • Can be combined with The Mortgage Credit Certificate (MCC) Program.

Image title



  Headshot
Author:
Dated: October 31st 2016
Views: 117
About : ...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Create an Evacuation Plan for Your Pets - No one wants to think about being
End of Summer Festival Fun - I love a festival! The sights, the
Organic Food on a Budget - Organic food usually tastes,
Pets Afraid of Fireworks? - Pets Afraid of Fireworks? Know

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

eXp Realty - Nevada, Northern

Reno, NV
775-461-2740
0