As a Realtor®, this is the phrase I hear most—and it shouldn't be what holds you back! There are fantastic programs available designed specifically to help you cover these upfront costs.
If you are a veteran buying a VA-approved home, you can purchase with $0 down. Veterans, reach out to me today via email, call, or text to see how we can make this happen for you!
Are you an educator? Teachers deserve immense appreciation for shaping young minds every single day. Qualified teachers in Nevada can receive up to $7,500 as a forgivable loan to use toward down payment and closing costs. If you’re a teacher ready to buy, let's talk!
What if you’re neither a veteran nor a teacher? Are you out of luck? Not at all! Nevada offers incredible down payment assistance programs that cover a vast majority of buyers. Here is what you need to qualify:
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Income Limit: Maximum annual household income of $165,000
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Purchase Price: Maximum home price of $832,750
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Credit Score: Minimum 640 credit score (680 for manufactured homes)
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Debt-to-Income: Debt ratio up to 50% (varies by credit score and loan type)
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Residency: Must be your primary residence in Nevada (you can still own property out of state!)
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Course: Completion of a quick and easy homebuyer education course
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Approval: Meet standard mortgage underwriting requirements
What do you get in return?
Why keep renting? When you rent, your effective interest rate is 100%—you are building your landlord's equity instead of your own wealth.
Currently, new leases for single-family homes in Las Vegas (3+ bedrooms, 2+ baths, 1,300+ sq. ft., and a 2-car garage) are renting for a median of $2,245 per month. (Signed leases in the last 30 days, source: MLS)
With 5% down payment assistance, that same monthly payment could secure a $325,000 home with $0 out of pocket. Right now, there are active single-family listings in Las Vegas matching these exact criteria ready for buyers just like you. An example posted below.
Stop paying your landlord's mortgage! Email, call, or text me today to see how much home you can buy without coming out of pocket for a down payment.
Oh, did I mention this house has an unobstructed view of the Strip? Well, it does! See below!
Funds for this program are limited and awarded on a first-come, first-served basis. We just saw a similar assistance program run out of money last week with no guarantee of returning. Don't wait until it’s too late—call, text, or email me right now to claim your spot and see how much down payment assistance you qualify for!