Mortgages & Financing
What first-time homebuyer programs are available in Nevada?
By Steve Lockhart
The short answer
Nevada has meaningful help for qualifying first-time buyers, and most of it runs through the Nevada Housing Division. The flagship is Home Is Possible, which pairs a fixed-rate mortgage with down payment and closing help, a required education course, and competitive pricing for qualified households.
Full answer
Nevada has meaningful help for qualifying first-time buyers, and most of it runs through the Nevada Housing Division. The flagship is Home Is Possible, which pairs a fixed-rate mortgage with down payment and closing help, a required education course, and competitive pricing for qualified households. A newer program called Worker Advantage, launched in December 2025, targets essential workers such as health care, education, and public safety professionals with a larger down payment benefit. Both have income and purchase limits that vary by county and household size, and the rules change when the state updates them, so the current terms should be confirmed with a lender who originates Housing Division loans. For a qualified buyer, assistance like this can be the difference between waiting another year and buying this year. We check your numbers against the current schedule early, and if the door opens, we walk you and the lender through the structure row by row.
Go a little deeper
Frequently asked
Questions people often follow up on
Am I still a first-time buyer if I owned before?
Many programs define first time as not having owned a home in the past three years, but each program writes its own definition. The Nevada Housing Division rules are specific, so we test your exact history against the current criteria before counting on the help.
Can these programs pair with a VA or FHA loan?
In many cases, yes. The assistance is often a second mortgage that has to fit alongside the VA or FHA first lien, and not every combination is allowed under every program. We verify the structure works with the lender before any purchase contract depends on it.
How do I apply for the assistance?
Through an approved lender, plus the required homebuyer education course for most programs. The lender verifies income, purchase price, and household size against the current limits in stages. Budget a few weeks for the course and the paperwork, and the timeline pressures drop off.
The Lockhart Method
The Lockhart Method
Your Home | My Strategy | Proven Results
My strategy: check your household against the current income and purchase schedule in month one, not month six. If you qualify, the help will pair with the right loan and the course is scheduled early. Taking the current numbers off the shelf is how the assistance actually lands in your closing.
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