Home Is Possible is a flagship program by the Nevada Housing Division (NHD) designed to help first-time and repeat homebuyers in Nevada access affordable mortgages and generous down payment assistance. With fixed-rate loans and flexible eligibility, this program has helped thousands of Nevadans overcome financial barriers and step into their own homes with confidence.
💡 What Is the Home Is Possible Program?
The Home Is Possible program offers 30-year fixed-rate mortgages combined with down payment assistance of up to 4% of the loan amount. The assistance comes in the form of a non-repayable grant, making it one of the most accessible options for prospective homebuyers across Nevada.
This initiative was developed in response to rising home prices and limited inventory, aiming to ensure working families and individuals aren’t left behind in the competitive real estate market. With affordability and stability at its core, Home Is Possible stands as a trusted choice for new buyers.
✨ Key Benefits of Home Is Possible
- Up to 4% grant for down payment and closing costs
- No repayment required on assistance amount
- Fixed-rate 30-year mortgage
- Available to first-time and repeat buyers
- Works with FHA, VA, USDA, and Conventional loans
🧭 Who Is Eligible?
Applicants must meet the following criteria to qualify for the Home Is Possible program:
- Minimum credit score of 640 (higher for conventional loans)
- Qualifying income limit (varies by loan type, typically under $135,000)
- Purchase price must meet program limits
- Must be used for a primary residence
- Must complete a homebuyer education course
There are also specific versions of the program, such as Home Is Possible for Heroes, which targets veterans and military personnel, and Home Is Possible for Teachers, designed to support educators with additional incentives.
📋 How to Apply for Home Is Possible
The application process is straightforward and facilitated through NHD-approved lenders statewide.
- Contact a participating lender approved by NHD
- Get pre-approved for a qualifying mortgage
- Complete your required homebuyer education
- Apply for the Home Is Possible grant with lender guidance
👉 Visit Official NHD Program Page
🔗 Related Nevada Housing Resources
- 🏡 Nevada Public Housing
- 📊 How To Apply For Section 8 in Nevada
- 📌 Housing Choice Voucher Nevada
- 📝 Nevada First Time Homebuyer
- 💵 Down Payment Assistance Programs In Nevada
📣 Why Choose Home Is Possible?
Home Is Possible removes one of the largest barriers to homeownership: the down payment. By offering up to 4% in non-repayable grants, it gives buyers the financial breathing room needed to afford closing costs and upfront contributions. It’s a smart and flexible tool for both new and seasoned homebuyers.
Nevada’s housing market can be competitive, but with the support of this program, more residents are able to secure a stable, affordable future through homeownership. It also supports neighborhood revitalization and contributes to local economies by helping families put down roots in their communities.
🌟 Real Impact Across Nevada
Whether you’re purchasing in Las Vegas, Reno, Carson City, or a rural area, the Home Is Possible program can help you move into your first or next home without financial stress. Thousands of families have already used this program to build generational wealth and housing security.
Testimonials from past participants highlight how the grant eliminated their need for excessive savings or high-interest private loans. Many express gratitude for the program’s transparency and the guidance of partner lenders throughout the process.
🎓 Education Requirements
Buyers are required to complete an approved homebuyer education course before closing. This ensures informed decision-making and long-term mortgage success. The course can typically be completed online and covers budgeting, mortgage terms, and the responsibilities of homeownership.
The Home Is Possible Program by the Nevada Housing Division is a shining example of how smart public initiatives can change lives. With its generous grant, accessible structure, and wide availability, this program has everything you need to begin your homeownership journey in Nevada.
Don’t let a down payment stand in the way of your dream. Explore your options with Home Is Possible and take your first confident step toward owning a home in the Silver State.