Home At Last™ Program Fees

Fees for the DPA (Down Payment Assistance) Program

All fees listed are charged to the borrower and paid at closing, unless otherwise noted. When the lender issues a Loan Estimate to the borrower, it should include the following fees, along with other lender and settlement charges typically associated with the purchase or refinance. The down payment assistance provided by Nevada Rural Housing Authority may be used to cover all or a portion of the closing costs, including program fees.

  • $400 funding fee is payable to US Bank
  • $84 tax service fee is payable to US Bank
  • $275 compliance/administrator fee is payable to eHousingPlus
  • Loan origination fee up to 0.50% of the first mortgage loan amount is payable to the lender originating the new loan
  • Rates are locked 70-days, if 30-day lock extensions are needed, the cost is $375 for each 30-day lock extension (US Bank will net out the extension fees when purchasing the loan from the originating lender)
  • Nevada Rural Housing Authority does not charge a program fee for using the DPA program

Fees for the MCC (Mortgage Credit Certificate) Program

  • $275 compliance/admin fee is payable to eHousingPlus
    • Save $125 when the MCC is paired with the DPA program – the combined compliance/admin fee for DPA+MCC is $425 ($150 for MCC + $275 for DPA)
  • $795 program fee is payable to Nevada Rural Housing Authority
    • Fee is waived for all Qualified Veterans, Active Duty Military, Reserves, and National Guard Service personnel – it’s just one small way to thank our local heroes!
    • Fee is also waived for all homebuyers obtaining a USDA Guaranteed or VA loan – making rural homeownership even more affordable! 

Fees for MCC Reissuance (Refinancing a loan with an MCC)

  • $395 reissuance fee is payable to Nevada Rural Housing Authority