If you’re looking to purchase in rural Nevada cities or towns with fewer than 100,000 residents, and have not owned a home in the past three years or you are a veteran, you may qualify. The Nevada Rural Housing Authority (NRHA) has funds available on a first-come, first-served basis for moderate income Nevada residents. NRHA was formed in 1972, for the sole purpose of creating affordable housing opportunities in rural Nevada.
Home At Last™ is a loan assistance program administered by the non-profit NRHA. Since 2006, NRHA has raised over $80 million in mortgage loan funds through the sale of tax-exempt bonds. In the past 24 months, nearly 300 Nevada families have bought their first homes with Home At Last™.
Come Home At Last™
What can Home At Last™ provide me:
Best available deal for home financing
Free cash down payment grant equal to 4% of the loan amount
Instant home equity for first-time home buyers and eligible veterans
30 year fixed mortgage
No asset limits for home buyers
First-time home buyers or qualified veterans who will live in the home as their primary residence
Households meeting income qualifications listed and normal FHA, VA, Conventional, or RHS underwriting requirements indicating creditworthiness
Moderate income households
If you have any questions or need further information, please call 775.887.1795 ext. 104.