Get bonus money. Buy a house. Celebrate. In a nutshell, that’s how the Home Is Possible program works.

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. Yes, really. So what are the highlights of the Home Is Possible program? Here’s a handy dandy list. Key Benefits:

  •  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
  •  Statewide program

Fill out the contact form at the bottom of the page to get paired up with a Home Is Possible Lender and start looking at homes with a Home Is Possible REALTOR®.

 Program Requirements:

  •  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.

Fill out this contact form below to get paired up with a Home Is Possible Lender and start looking at homes with a Home Is Possible REALTOR®.

** all information is provided by homeispossiblenv.org **