Home is Possible Program
Get bonus money. Buy a house. Celebrate. In a nutshell, that’s how the Home Is Possible program works.
Find a Lender
THIS IS A PERMANENT PROGRAM!
Established by the state of Nevada in 2014, Home Is Possible helps homebuyers just like you to get up to 5% of the home loan value. That's thousands of dollars for a one-time fee of just $675. When you qualify, you can use that money for your down payment or closing costs.
So what are the highlights of the Home Is Possible program? Here’s a handy dandy list.
Get up to 5% of the loan value
Usable for down payment and closing costs
Forgivable after three years (if you stay in your home)
Attractive 30-year interest rate
No first-time homebuyer requirement
Financing available for manufactured homes
Borrower may not own property at the time of closing
For government loans (FHA, USDA, VA) — qualifying income must be below $98,500
For conventional loans (HFA-preferred) — please visit our income limits by county page
Home price below $484,350
Minimum credit score of 640
Must live in home as primary residence
Homebuyer education course required
Must meet standard underwriting requirements
One-time fee of $675
If you love the benefits and meet the qualifications, the next step is to find a Home Is Possible qualified lender. They’ll help you get thousands of dollars in bonus money, courtesy of Nevada Housing Division and our Home Is Possible program.