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
The income limits for this program are based on 300% of Federal Poverty Guidelines (FPG) and household size.
|Household Size||Income Limit|
|*For each additional household member add $15,420|
At least one borrower must have a minimum six-month Nevada residency.
Must be first-time, rural homebuyers (haven’t owned a home within the past three years).
Homebuyer education is required. Check out the options for education here.
Buy in Nye Preferred Lenders
|Lynn Day||LeaderOne Financial||(702) email@example.com|
|Peyton Powers||Loan Depot||(725) firstname.lastname@example.org|
|Kirsi Mbacke||Loan Depot||(702) email@example.com|
|Leslie Gonzales||Castle & Cooke||(702) firstname.lastname@example.org|
|Becca Green||Guild Mortgage||(702) email@example.com|
|Jason Fraley||Axia Home Loans||(775) firstname.lastname@example.org|
|Jaymie Butler Taylor||Guild Mortgage||(702) email@example.com|