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Buy in Nye Homeownership Program

This limited-time program opens the door to two forgivable Down Payment Assistance (DPA) options offered exclusively in Nye County:

Option 1) $16,000 DPA
Option 2) $5,000 DPA

Pair Buy in Nye with the MCC for the following benefits:

  • The Mortgage Credit Certificate (MCC) helps first-time buyers and qualified veterans obtain mortgage tax credits for the life of the loan
  • MCC increases qualifying income and lowers debt-to-income ratios which help more homebuyers get approved for a home mortgage. For example, a $345,000 mortgage at 6.50% interest generates an estimated $371 in additional monthly income*.

Check out these eligible new home communities in Nye County.

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Buy in Nye Program Details

Income Eligibility

The income limits for this program are based on 300% of Federal Poverty Guidelines (FPG) and household size.

Household SizeIncome Limit
1$43,740
2$59,160
3$74,580
4$90,000
5$105,420
6$120,840
7$136,260
8$151,680*
*For each additional household member add $15,420 
Residency Requirements

At least one borrower must have a minimum six-month Nevada residency.

First-Time Homebuyer

Must be first-time, rural homebuyers (haven’t owned a home within the past three years).

Homebuyer Education

Homebuyer education is required. Check out the options for education here.

Buy in Nye Preferred Lenders
NameCompanyPhone NumberEmail
Lynn DayLeaderOne Financial(702) 439-3598lynnday@leader1.com
Peyton PowersLoan Depot(725) 238-0353peytonpowers@loandepot.com
Kirsi MbackeLoan Depot(702) 322-0421kmbacke@loandepot.com
Leslie GonzalesCastle & Cooke(702) 580-1569lgonzales@castlecookemortgage.com
Becca GreenGuild Mortgage(702) 851-4321beccag@guildmortgage.net
Jason FraleyAxia Home Loans(775) 537-7234jason.fraley@axiahomeloans.com
Jaymie Butler TaylorGuild Mortgage(702) 570-6464jbutlertaylor@guildmortgage.net

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