Nevada Rural Program Highlights

Launchpad Bond Program

Nevada Rural - Launchpad Bond Program | At-A-Glance

AVAILABLE PROGRAMS Launchpad Bond Program
QUESTIONS Questions
ELLIGIBLE LOAN AREAS Launchpad Program Eligible Loan Areas
BULLETINS Bulletins
ELIGIBLE BORROWER(S) Buyers and their spouse (occupant and non-occupant) must be first-time buyers (exceptions to the first-time buyer requirement for buyers using the Veterans Exception and buyers purchasing in a Federally Designated Targeted Area).
RATES See Chart
DPA AVAILABLE 4% of the total Note amount in the form of a 0% Interest, second mortgage, forgivable after a period of 60 months, with no scheduled payments.
LOAN TYPE See Chart
INCOME LIMITS Launchpad Income Limits
PURCHASE LIMITS Launchpad Purchase Price Limits
TIMELINE REQUIREMENTS 70 days from Reservation to Loan Purchase. Underwriter Certification any time prior to closing.
HOMEBUYER EDUCATION Homebuyer Education
CO-SIGNERS Permitted to the extent allowed by applicable Agency. Treat co-signer income as directed by the Agency.  A co-signer cannot have any ownership interest in the property (they cannot be on themortgage, deed and they cannot take title to the property). A co-signer cannot live in the property. Non-occupant co-borrowers are not permitted.
PROGRAM GUIDELINES Launchpad Program Guidelines
PARTICIPATING LENDERS Participating Lenders

Home At Last

Nevada rural Home At Last | At-A-Glance

Program Home At Last
ELLIGIBLE AREA Eligible Area
BULLETINS Bulletins
ELIGIBLE BORROWER(S) Home at Last does not require borrowers to be FTHB. Home Means Nevada requires uyers and their spouse (occupant and non-occupant) must be first-time buyers (exceptions to the first-time buyer requirement for buyers using the Veterans Exception and buyers purchasing in a Federally Designated Targeted Area).
LOAN TYPE See Chart
INCOME LIMITS Income Limits
PURCHASE LIMITS Purchase Limits
TIMELINE REQUIREMENTS 70 days from Reservation to Loan Purchase. Underwriter Certification any time prior to closing.
HOMEBUYER EDUCATION Homebuyer Education
TARGETED AREA CENSUS TRACTS Targeted Areas Census Tract
CO-SIGNERS Permitted to the extent allowed by applicable Agency. Treat co-signer income as directed by the Agency.  A co-signer cannot have any ownership interest in the property (they cannot be on the mortgage, deed and they cannot take title to the property). A co-signer cannot live in the property. Non-occupant co-borrowers are not permitted.
PROGRAM GUIDELINES Guidelines
PARTICIPATING LENDERS Participating Lenders

Home at Last MCC

Nevada Rural MCC| At-A-Glance

AVAILABLE PROGRAMS Home At Last Mortgage Credit Certificate
ELLIGIBLE AREA Eligible Area
BULLETINS Bulletins
ELIGIBLE BORROWER(S) Buyers and their spouse (occupant and non-occupant) must be first-time buyers (exceptions to the first-time buyer requirement for buyers using the Veterans Exception and buyers purchasing in a Federally Designated Targeted Area).
LOAN TYPE See Chart
INCOME LIMITS MCC Income Limits
PURCHASE LIMITS MCC Purchase Price Limits
TIMELINE REQUIREMENTS 70 days from Reservation to Loan Purchase. Underwriter Certification any time prior to closing.
HOMEBUYER EDUCATION Homebuyer Education
TARGETED AREA CENSUS TRACTS Targeted Area Census Tracts
CO-SIGNERS Permitted to the extent allowed by applicable Agency. Treat co-signer income as directed by the Agency.  A co-signer cannot have any ownership interest in the property (they cannot be on the mortgage, deed and they cannot take title to the property). A co-signer cannot live in the property. Non-occupant co-borrowers are not permitted.
PROGRAM GUIDELINES MCC Program Guidelines
PARTICIPATING LENDERS Participating Lenders

Today’s Rates & Offerings [ Business Days 8:30am – 7:00 pm PT ]

Nevada Rural Housing | Rates & Offerings

LAUNCHPAD (Bond)
Offering FICO DPA Lock Rate
FHA, VA, USDA-RD 640 4% 6.170%
HAL Government
Offering FICO DPA Lock Rate
FHA, VA, USDA-RD 640 0% 6.125%
FHA, VA, USDA-RD 1% 6.250%
FHA, VA, USDA-RD 2% 6.750%
FHA, VA, USDA-RD 3% 7.250%
FHA, VA, USDA-RD 4% 7.750%
HAL Conventional – Fannie HFA Preferred or Freddie HFA Advantage
Offering FICO DPA Lock Rate
Fannie Mae 80% AMI / Freddie Mac 80% AMI 640 0% 6.250%
Fannie Mae 80% AMI / Freddie Mac 80% AMI 1% 6.375%
Fannie Mae 80% AMI / Freddie Mac 80% AMI 2% 6.500%
Fannie Mae 80% AMI / Freddie Mac 80% AMI 3% 6.875%
Fannie Mae 80% AMI / Freddie Mac 80% AMI 4% 7.250%
HAL Conventional – Fannie HFA Preferred
Offering FICO DPA Lock Rate
Fannie Mae OVER 80% AMI 640 0% 6.375%
Fannie Mae OVER 80% AMI 1% 6.500%
Fannie Mae OVER 80% AMI 2% 6.875%
Fannie Mae OVER 80% AMI 3% 7.250%
Fannie Mae OVER 80% AMI 4% 7.500%
Home Means Nevada - Thanks to you, program is winding down.
Offering FICO DPA Lock Rate
FHA, VA, USDA-RD

Nevada Rural Housing Authority Home Means Nevada Program


FHA, VA, USDA-RD


  • First-time buyer requirement (borrower and spouse including NPS) no homeownership in the past 3 years
  • At least one occupying borrower must be a 6-month resident of Nevada at time of reservation.
  • Must be principal residence
  • Maximum Income Limits (300% of Federal Poverty Guidelines (FPG).
  • Maximum Purchase price limit: $647,200
  • 70 calendar days from loan reservation to loan purchase (Underwriter Certification 15 calendar days)
  • Household income calculation (borrower + spouse (including NPS) + everyone 18 years of age or older)
  • Lenders must complete the Worksheet for Documenting Eligible Household Income & Residency. The worksheet will be submitted with the loan closing package.
  • Assistance offered as 0% Interest, 3-year forgivable second mortgage and may ONLY be used for down payment assistance
  • The Assistance will be forgiven at the end of three years of Dec. 31, 2024, whichever comes first.
  • Assistance amount is $25,000
  • This assistance will require a secondary reservation after the first mortgage. Click on the ADD ADDITIONAL button to enter the assistance amount.
  • The Program is available until Dec. 31, 2024 or until Funding is fully reserved.
  • Eligible area: We will link to the eligible areas on the web page

 640 $15,000 6.125%
Fannie Mae 80% AMI / Freddie Mac 80% AMI

Nevada Rural Housing Authority Home Means Nevada Program


Fannie Mae HFA Preferred and Freddie Mac HFA Advantage


  • First-time buyer requirement (borrower and spouse including NPS) no homeownership in the past 3 years
  • At least one occupying borrower must be a 6-month resident of Nevada at time of reservation.
  • Must be principal residence
  • Maximum Income Limits (300% of Federal Poverty Guidelines (FPG).
  • No Purchase price limits (Use Agency loan limits)
  • 70 calendar days from loan reservation to loan purchase (Underwriter Certification 15 calendar days)
  • Household income calculation (borrower + spouse (including NPS) + everyone 18 years of age or older)
  • Lenders must complete the Worksheet for Documenting Eligible Household Income & Residency. The worksheet will be submitted with the loan closing package.
  • Assistance offered as 0% Interest, 3-year forgivable second mortgage and may ONLY be used for down payment assistance
  • The Assistance will be forgiven at the end of three years of Dec. 31, 2024, whichever comes first.
  • Assistance amount is $25,000
  • This assistance will require a secondary reservation after the first mortgage. Click on the ADD ADDITIONAL button to enter the assistance amount.
  • The Program is available until Dec. 31, 2024 or until Funding is fully reserved.
  • Eligible area: We will link to the eligible areas on the web page

 6.250%
Fannie Mae OVER 80% AMI

Nevada Rural Housing Authority Home Means Nevada Program


Fannie Mae HFA Preferred


  • First-time buyer requirement (borrower and spouse including NPS) no homeownership in the past 3 years
  • At least one occupying borrower must be a 6-month resident of Nevada at time of reservation.
  • Must be principal residence
  • Maximum Income Limits (300% of Federal Poverty Guidelines (FPG).
  • No Purchase price limits (Use Agency loan limits)
  • 70 calendar days from loan reservation to loan purchase (Underwriter Certification 15 calendar days)
  • Household income calculation (borrower + spouse (including NPS) + everyone 18 years of age or older)
  • Lenders must complete the Worksheet for Documenting Eligible Household Income & Residency. The worksheet will be submitted with the loan closing package.
  • Assistance offered as 0% Interest, 3-year forgivable second mortgage and may ONLY be used for down payment assistance
  • The Assistance will be forgiven at the end of three years of Dec. 31, 2024, whichever comes first.
  • Assistance amount is $25,000
  • This assistance will require a secondary reservation after the first mortgage. Click on the ADD ADDITIONAL button to enter the assistance amount.
  • The Program is available until Dec. 31, 2024 or until Funding is fully reserved.
  • Eligible area: We will link to the eligible areas on the web page

 6.375%

Launchpad Bond Program

Nevada Rural - Launchpad Bond Program | At-A-Glance

AVAILABLE PROGRAMS Launchpad Bond Program
QUESTIONS Questions
ELLIGIBLE LOAN AREAS Launchpad Program Eligible Loan Areas
BULLETINS Bulletins
ELIGIBLE BORROWER(S) Buyers and their spouse (occupant and non-occupant) must be first-time buyers (exceptions to the first-time buyer requirement for buyers using the Veterans Exception and buyers purchasing in a Federally Designated Targeted Area).
RATES See Chart
DPA AVAILABLE 4% of the total Note amount in the form of a 0% Interest, second mortgage, forgivable after a period of 60 months, with no scheduled payments.
LOAN TYPE See Chart
INCOME LIMITS Launchpad Income Limits
PURCHASE LIMITS Launchpad Purchase Price Limits
TIMELINE REQUIREMENTS 70 days from Reservation to Loan Purchase. Underwriter Certification any time prior to closing.
HOMEBUYER EDUCATION Homebuyer Education
CO-SIGNERS Permitted to the extent allowed by applicable Agency. Treat co-signer income as directed by the Agency.  A co-signer cannot have any ownership interest in the property (they cannot be on themortgage, deed and they cannot take title to the property). A co-signer cannot live in the property. Non-occupant co-borrowers are not permitted.
PROGRAM GUIDELINES Launchpad Program Guidelines
PARTICIPATING LENDERS Participating Lenders

Home At Last

Nevada rural Home At Last | At-A-Glance

Program Home At Last
ELLIGIBLE AREA Eligible Area
BULLETINS Bulletins
ELIGIBLE BORROWER(S) Home at Last does not require borrowers to be FTHB. Home Means Nevada requires uyers and their spouse (occupant and non-occupant) must be first-time buyers (exceptions to the first-time buyer requirement for buyers using the Veterans Exception and buyers purchasing in a Federally Designated Targeted Area).
LOAN TYPE See Chart
INCOME LIMITS Income Limits
PURCHASE LIMITS Purchase Limits
TIMELINE REQUIREMENTS 70 days from Reservation to Loan Purchase. Underwriter Certification any time prior to closing.
HOMEBUYER EDUCATION Homebuyer Education
TARGETED AREA CENSUS TRACTS Targeted Areas Census Tract
CO-SIGNERS Permitted to the extent allowed by applicable Agency. Treat co-signer income as directed by the Agency.  A co-signer cannot have any ownership interest in the property (they cannot be on the mortgage, deed and they cannot take title to the property). A co-signer cannot live in the property. Non-occupant co-borrowers are not permitted.
PROGRAM GUIDELINES Guidelines
PARTICIPATING LENDERS Participating Lenders

Nevada Rural HAL

Nevada Rural MCC| At-A-Glance

AVAILABLE PROGRAMS Home At Last Mortgage Credit Certificate
ELLIGIBLE AREA Eligible Area
BULLETINS Bulletins
ELIGIBLE BORROWER(S) Buyers and their spouse (occupant and non-occupant) must be first-time buyers (exceptions to the first-time buyer requirement for buyers using the Veterans Exception and buyers purchasing in a Federally Designated Targeted Area).
LOAN TYPE See Chart
INCOME LIMITS MCC Income Limits
PURCHASE LIMITS MCC Purchase Price Limits
TIMELINE REQUIREMENTS 70 days from Reservation to Loan Purchase. Underwriter Certification any time prior to closing.
HOMEBUYER EDUCATION Homebuyer Education
TARGETED AREA CENSUS TRACTS Targeted Area Census Tracts
CO-SIGNERS Permitted to the extent allowed by applicable Agency. Treat co-signer income as directed by the Agency.  A co-signer cannot have any ownership interest in the property (they cannot be on the mortgage, deed and they cannot take title to the property). A co-signer cannot live in the property. Non-occupant co-borrowers are not permitted.
PROGRAM GUIDELINES MCC Program Guidelines
PARTICIPATING LENDERS Participating Lenders