A Key Strategic Tool:
The Home Is Possible (HIP) Program
This isn't just a program; it's a powerful financial tool. We build the plan that puts it to work for you.
What is the Home Is Possible (HIP) Program?
The Home Is Possible (HIP) program is a statewide initiative from the Nevada Housing Division. It's designed to help qualified Nevadans clear the single biggest hurdle to homeownership: the down payment.
This isn't just a program we point you to. It's a key tool we integrate into your overall financial strategy, allowing you to secure a home with significantly less cash upfront. We manage the process and coordinate with the right partners to ensure it's executed flawlessly.
Key Strategic Benefits
- Up to 5% of Loan Value: Receive assistance valued at up to 5% of your total loan amount.
- Covers Down Payment & Costs: This tool can be applied to your down payment and/or closing costs.
- 0% Interest, Deferred Payment: The assistance is a 30-year deferred second mortgage. You pay 0% interest and no monthly payments.
- Not Just for First-Time Buyers: Unlike many programs, you don't have to be a first-time homebuyer to qualify.
The Qualification Checkpoints
These aren't roadblocks; they are simple checkpoints for the program. We handle the navigation.
- Income Limits: Your household income must be at or below $135,000.
- Credit Score: A minimum credit score of 640 is required.
- Purchase Price Limits: The home's purchase price must be at or below $647,200.
- Homebuyer Education: A mandatory course is required. We guide you through it.
- Primary Residence: The property must be your primary home in Nevada.
Let’s Build Your Plan
Let’s have a real conversation about where you are and what you want — then build the strategy that gets you there.
START YOUR PLANContact
info@nvhomeslv.com | NV License Numbers
4495 South Pecos Road
Las Vegas, NV 89121
