Questions & Answers
Plain-English answers — written by an advisor, not a sales team.
Nevada's main first-time-buyer program is the Nevada Housing Division's Home Is Possible suite, which offers down-payment assistance grants and below-market-rate options on conventional, FHA, VA, and USDA loans. There's also a separate Home Is Possible For Teachers track. Eligibility hinges on income limits (county-specific), credit score floors, and using the home as your primary residence. A first-time-buyer program is not always the cheapest path overall — for many buyers, a standard conventional loan with a smaller down payment ends up costing less over five years.
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