More Buying Power and Opportunities for Active Military

Dated: December 30 2019

Views: 105

"New home, less money. It’s our way of saying, ‘Thanks for your service.’"

The Nevada Housing Division mission, is to provide affordable housing opportunities and improve the quality of life for Nevada residents. They honor the dream of homeownership to veterans and active military personnel through the Home Is Possible For Heroes™ program.

This hero-worthy program, established in 2014, gives veterans and military personnel more buying power and even more opportunities to experience the joys of homeownership—for less. See below for the program benefits and requirements.

Key Benefits:

Below-market fixed interest rate 30-year loan
Reduces monthly mortgage payment
No first-time homebuyer requirement
Can be combined with the Mortgage Credit Certificate (MCC) with program fees waived

Statewide program Program Requirements:

Qualifying income below $98,500
Home price below $400,000
Government issued loans only (no conventional loans)
Minimum credit score of 640
Homebuyer must live in home as primary residence
Homebuyer education course required
Must meet standard underwriting requirements
One-time fee of $675

If you're a veteran who has been honorably discharged, are in the National Guard, are a surviving spouse or you’re on active military duty, Home Is Possible For Heroes was made specifically for you. Watch Tommy & Sandra's story!



Contact me TODAY at 702-723-7828 to get you started!

Inside Secrets - Active Military Service Members Receive BAH?

Blog author image

Kenneth Manesse

Helping you experience something new in Las Vegas that's guaranteed. Real Estate with less stress!....

Latest Blog Posts

10630 Calico Mountain Avenue Unit#102, Las Vegas, Nevada 89129

This NW condo is ideal for entertaining family or friends! Ground level two bedroom stylish unit offers you endless opportunity for entertaining. Elegant open floor plan with NEW SS kitchen

Read More

Should You Rent or Buy a Home in Las Vegas 2021

Home Prices Growing Faster Than Rents in More Than 80 Percent of U.S. Among the 44 U.S. counties analyzed in the report with a population of 1 million or more, those where it is more affordable to

Read More

What is Cost to Close?

What It Costs to Close? Closing is a fairly simple process, and most of the time they walk away with a check in hand. But for buyers, closing can be one of the largest expenses of their lives. You

Read More

What Is Earnest Money for A Las Vegas Home Purchase!

 When you make an offer on a home, part of that offer can include a little show of good faith on your part, in the form of cold, hard cash. Generally, one to three percent of the offer price is

Read More