There are a lot of people out there who would love to buy a home. However, they think they need lots of money saved and a 700 credit score to make it happen. Well I’m here to say that’s not true! Thanks to the Nevada housing division home is now possible for qualified Nevadans! Below you will find the list of various programs available to you.

H.I.P for Heroes – Offering a “below market interest rate” for veterans and military personnel, this program is available for eligible vets who meet the criteria of the Home Is Possible program. A homebuyer education course required and the borrower must meet standard underwriting requirements. This Heros Program can be combined with a mortgage credit certificate for maximum savings and there are discounted program fees.

H.I.P for Teachers – Limited to 300 mortgage loans made to licensed full-time K-12 public school teacher in Nevada on a first-come, first-served basis, this below market 30-year fixed rate mortgage also comes with up to $10,000 in bonus money that can be used for a down payment or closing costs, and the loan is forgiven if you remain in the home for five years. There is no first-time homebuyer requirement, the program can be combined with the Mortgage Credit Certificate (MCC) program with discounted program fees. There are income and purchase price limits and a minimum 660 FICO score

Mortgage Tax Credit – The MTC program allows first-time homebuyers to claim a federal income tax credit equal to 30 percent of the interest paid on a mortgage loan (up to $2,000 a year). There are income and purchase price limits, and there is a one-time program fee of $795 plus $300 a lender application fee.



Contact me today for more information about any of theĀ  H.I.P programs