A Strategic Tool:
The Home First Program
This isn't just a program; it's a powerful financial tool specifically for first-time buyers. We build the plan to put it to work for you.
What is the Home First Program?
The Home First program is a specialized tool from the Nevada Housing Division. It is designed to do one thing: help qualified first-time homebuyers clear the significant barrier of upfront costs.
It provides a forgivable loan for your down payment and closing costs. This isn't just a program we suggest; it's a key component we integrate into your overall financial strategy, allowing you to secure your first home with peace of mind and less cash out-of-pocket.
Key Strategic Benefits
- Up to $15,000 in Assistance: Receive a forgivable loan of up to $15,000 to be used for your down payment and/or closing costs.
- Forgivable Loan: This is not a grant, but it's the next best thing. The loan is forgiven after you live in the home as your primary residence for just three years.
- 0% Interest, No Payments: The assistance is a 0% interest, deferred-payment loan. It does not add to your monthly mortgage payment.
- First-Time Buyer Focus: This program is exclusively for first-time homebuyers (typically meaning you haven't owned a home in 3 years).
The Qualification Checkpoints
These are not roadblocks; they are simply the defined parameters of the tool. We handle the navigation and determine how it aligns with your plan.
- First-Time Homebuyer: You must meet the program's definition (generally, no homeownership in the past three years).
- Income Limits: Your household income must be within the program's specific limits.
- Minimum Credit Score: A minimum credit score of 640 is generally required.
- Homebuyer Education: A mandatory course is required. We guide you through this step-by-step.
- Primary Residence: The property must be your primary home in Nevada.
- Purchase Price Limits: The home's purchase price must be at or below the program's limit.
Ready to 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
