Home Is Possible – Statewide Down Payment Assistance
openNevada Housing Division – Home Is PossibleNVFirst-Time Homeowner
Updated: Dec 5, 2025
Summary
The Home Is Possible flagship program provides up to 5% of the loan amount in non-repayable assistance that can be applied directly to down payment and closing costs, helping Nevada buyers bridge the gap between rent and homeownership even if they’re not first-time purchasers.
Benefits
Who Can Apply
Eligible Locations
Nevada homebuyers (first-time or repeat) who meet income and purchase-price limits, use a 30-year fixed-rate mortgage from approved lender, and complete required homebuyer education.
Eligibility
Low- and moderate-income Nevada homebuyers who can afford a monthly mortgage payment but need help with the upfront costs. Program guidelines require income and purchase price to be under set limits (for example, brochure examples show income caps around $95,500 and home prices up to $400,000, though actual limits are updated periodically), a minimum 640 credit score, primary-residence occupancy, completion of homebuyer education, and standard underwriting approval. There is no first-time buyer requirement, so repeat buyers may qualify.
Full Description
Verification & Details
Program description from Nevada Housing Division’s official site; 5% assistance and eligibility criteria clearly stated.
Official source → homeispossiblenv.orgRecommended Resource
First-Time Homebuyer Starter Pack (2025 Edition)
A complete first-time homebuyer toolkit: 9 checklists, timelines, grant guidance, worksheets + editable Excel/Google Sheet budget & affordability calculator.
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