Hope Brings You Home
Las Vegas Down Payment Assistance Program
Hope Brings you Home is back! The Nevada Housing Division and Nevada Affordable Housing Assistance Corporation have teamed up to make home ownership a reality to many home buyers. This amazing down payment assistance program will cover your down payment and closing costs up to $20,000. Hope Brings you Home has limited availability and is only available in select zip codes. Don’t miss this opportunity, call us today for more information and to get started. 702-845-5348. We have an amazing lender we work with that has vast experience and success with this program. Below you will find homes for sale in the qualifying zip codes and price range. We would be happy to set up a search for you based on your specific criteria and budget.
The Hope Brings you Home program was initially created to stabilize and revitalize neighborhoods that were hardest hit during the recession. With money still available in the fund they are bringing it back effective February 2020. Home buyers must meet certain income, credit and debt requirements. In addition they must attend a home ownership workshop and make the home their primary residence. Other Hope Brings You Home program eligibility requirements include:
- Eligible property zip codes: 89011, 89030, 89031, 89032, 89048, 89060, 89081, 89101, 89102, 89103, 89104, 89106, 89107, 89108, 89109, 89110, 89115, 89118, 89119, 89120, 89121, 89122, 89128, 89142, 89146, 89156, 89169
- Home buyer must purchase the home to occupy as the primary residence
- Borrower income under $98,500 (entire household)
- Minimum credit score of 660 for FHA loans, 640 for all other loan types
- Eligible loan types: FHA, VA, USDA, or conventional
- Debt ratio of 45% for government insured loans, 50% for conventional
- Existing properties only
- Single family, condos, town homes and manufactured homes qualify
- Borrowers must take an approved home buyer education course
- Home purchase price under $400,000
- You may be required to repay the loan if you sell, refinance, or move out of the home before the end of the 3 year term.
See what clients are saying about The Sales Team!
If you thought home ownership was out of reach, think again. Qualified program applicants can buy their dream home with NO to little money out of their pocket at a fantastic interest rate. The Hope Brings you Home program is limited to 750 qualified applicants. Call us today to learn more about this program and how we can get you into your dream home. We look forward to working with you to achieve the American dream of home ownership.
Best Regards,
The Sales Team
S.062314
The Sales Team
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