DPA Programs in Nevada

See which program is right for you!

Down Payment Assistance programs offered in Nevada include: CHENOA Fund Program, Home at Last Program, Home is Possible Program, and the “Within Reach” Program. To see which program may be right for you, get started on your application today!

Available Programs

CHENOA Fund Program

The CHENOA Fund Program is available in Nevada.

Availability: Nationwide

  • Down payment assistance up to 3.5% of the purchase price or appraised value
  • 30-year fixed term with full amortization
  • FHA and Conventional
  • Homebuyer education course NOT required
  • Credit and income restrictions may apply

Home at Last - Nevada Rural Housing Authority Program

The Home at Last Program is available in the following counties in Nevada: Clark, Churchill, Mineral, and Washoe.

Availability: Nevada

  • Down payment assistance up to 5% of the note amount
  • 30-year fixed term with full amortization on the first mortgage
  • FHA, Conventional, USDA, and VA loan types available
  • Homebuyer education course is required
  • Credit and income restrictions may apply

Teachers Program

Availability: Nevada

  • Up to $7500 in assistance as a 5 year forgivable 2nd
  • 30-year fixed term with full amortization on the first mortgage
  • Homebuyer education course is required
  • Credit and income restrictions may apply
  • Purchase price limits by county

Home is Possible - Nevada Housing Division Program

The Home is Possible Program is available statewide in Nevada.

Availability: Nevada

  • Down payment assistance up to 4% of the Note amount on government loans and up to 5% on conventional loans
  • 30-year fixed term with full amortization on the first mortgage
  • FHA, USDA, VA loan and conventional types available
  • Homebuyer education course is required
  • Credit and income restrictions may apply
  • Purchase price limits by county

Within Reach Program

The Within Reach Program is available in Nevada.

Availability: Nevada

  • Down payment assistance up to 6% note amount
  • 30-year fixed term with full amortization on the first mortgage
  • FHA loan types only
  • Homebuyer education course is required
  • Credit and income restrictions may apply

Some program restrictions and requirements apply. The type of DPA and lien position will vary for each loan program. Please contact your On Q Home Loans Mortgage Consultant for more information. Loan down payment example is based on a 30 year fixed conventional mortgage loan with 4.0% down (provided through the Down Payment Assistance program). Amounts are based on loan amount of $200,000, interest rate of 4.185%, APR of 5.132%, $6,023 due from borrower at closing ($8,000 down payment paid through down payment assistance program). Approximate monthly payment of $1,465. All amounts shown are estimates provided for educational and comparison purposes only and will vary for each loan. Borrower will be responsible for down payment beyond what is provided by the program as well as any fees and costs associated with the loan. Down payment assistance may come in the form of a forgivable or non-forgivable lien. Income and geographic restrictions apply. Homebuyer education may be required for certain payment assistance programs. Program availability is subject to change without notice. Additional restrictions may apply. Loan amounts and fees will vary based on program used. Loan Amounts on FHA Scenario’s include an FHA 1.75% upfront fee. Loan Amounts on VA scenario’s include a 2.3% VA Funding Fee (Based on Regular Military 1st time usage)-No down payment required unless sales price exceeds appraised value. A USDA Guarantee fee will be charged and financed into the loan. The USDA Guarantee Fee is 1% of the loan amount and the USDA Annual Fee is 0.35% as of 06/01/2018. The USDA Annual Fee is to be paid monthly as part of the mortgage payment. On Q Home Loans is an Equal Housing Lender. On Q Home Loans0328180681Y000003h2PC