Down payment assistance, grants, forgivable loans, and tax credits available to Nevada buyers. Each program below is verified, with eligibility rules, benefit amounts, and a direct link to the official agency.
Last reviewed September 2026·5 programs·6 federal programs
Down payment assistance as a 0% interest, no-payment, 30-year deferred second mortgage that is never forgiven - due in full at sale, transfer, refinance, payoff, non-occupancy, or 30 years. A first-time-buyer track (2-4%) offers lower rates.
Income limit
$165,000 (1-2 person) / $165,000 (3+)
Minimum credit score640
Max home price$832,750
First-time buyer requiredNo
Special requirements: Available to first-time and repeat buyers. Min credit 640 (660 manufactured homes). Homebuyer education required.
Below-market 30-year fixed-rate first mortgage with 2% or 4% down payment/closing cost assistance as a 30-year non-forgivable 0% second mortgage; county-based income and purchase price limits (effective June 15, 2026).
Income limit
Varies by county: e.g. Clark County $105,500 (1-2 persons) / $121,325 (3+); Washoe County $119,710 / $137,666; purchase price limits $566,354 to $770,085 by county (effective June 15, 2026) (max purchase price: $566,354 to $770,085 depending on county)
Minimum credit score640
First-time buyer requiredYes
Special requirements: Must not have owned a home in the previous 3 years; FICO 640 (660 manufactured homes); max DTI 50%; primary residence; homebuyer education required
$20,000 down payment assistance as a 0% interest, no-payment, non-forgivable 30-year second mortgage; requires 6+ months Nevada residency, homebuyer education, FICO 640 (660 manufactured); not available to prior Home Is Possible participants.
Income limit
Income up to 150% AMI by county (2026 limits range from $101,550 in Mineral County to $175,200 in Storey/Washoe counties); purchase price up to $832,750
Minimum credit score640
Max home price$806,500
First-time buyer requiredNo
Profession-specifichealthcare workers (nurses, physicians, medical assistants, etc.), education workers (teachers, administrators, bus drivers, etc.), public safety (police, firefighters, EMTs, etc.), construction trades (electricians, plumbers, carpenters, etc.)
Special requirements: Must be employed in a qualifying essential-worker occupation. No first-time buyer requirement. Limited funding - confirm availability.
$7,500 for down payment and closing costs, forgivable after five years if the buyer stays in the home; for licensed full-time K-12 public school classroom teachers in Nevada; no first-time buyer requirement.
Income limit
Income up to $165,000; purchase price up to $832,750; program available through December 31, 2026
Minimum credit score640
First-time buyer requiredNo
Profession-specificteachers
Special requirements: Must be a licensed K-12 public school classroom teacher employed in Nevada. No first-time buyer requirement.
Below-market interest rate (no down payment assistance) for veterans, active duty, National Guard, and surviving spouses, on VA and USDA-RD loans only.
Income limit
$165,000 (1-2 person) / $165,000 (3+)
Minimum credit score640
Max home price$832,750
First-time buyer requiredNo
EligibilityVeterans only
Special requirements: Must be veteran, active duty, National Guard, or surviving spouse. VA or USDA-RD loan required. No first-time buyer requirement.
3% minimum down payment with no minimum borrower contribution; income at or below 80% AMI (2026 AMIs effective June 13, 2026); reduced, cancellable mortgage insurance; $2,500 credit for very low-income first-time buyers on loans purchased through February 28, 2027.
Do I have to be a first-time homebuyer to qualify?
Most Nevada programs require first-time buyer status, but the definition is broader than most people think — the IRS considers you a first-time buyer if you haven't owned a primary residence in the last three years. Each program above lists its specific rules.
What credit score do I need?
Minimum credit scores vary by program. Most Nevada programs require 620 to 660, though some lower-tier products accept lower scores with manual underwriting. Check each program's eligibility section above.
How do I actually apply?
Most state programs aren't applied to directly — you go through a participating lender, who handles the program application as part of your mortgage. Each program above links to the official agency page with the current list of approved lenders.
Can I combine multiple programs?
Often yes — many states allow you to stack a state down-payment grant with a federal FHA or VA loan. Some programs explicitly forbid combining; check each program's "special requirements" above.
Do these programs cost anything?
The programs themselves are free to apply for. Some require completing a homebuyer education course (typically $50–$100, sometimes free). Forgivable second mortgages technically don't cost you unless you sell or refinance early — read the terms carefully.
