Home Is Possible for Teachers

This home buyer program is like extra credit for teachers who help make Nevada a great place to live.

Check out the program benefits and requirements.

Key Benefits:

  • $10,000 in bonus money
  • Usable for down payment and closing costs
  • Forgivable after five years (if you stay in your home)
  • Below-market fixed interest rate 30-year loan
  • Statewide program
  • No first-time homebuyer requirement
  • Can be combined with the Mortgage Credit Certificate (MCC) program with program fees discounted
Program Requirements:
  • Must be a licensed full-time K-12 public school teacher in Nevada
  • Qualifying income below $95,500
  • Home price below $400,000
  • Minimum credit score of 660
  • Government insured loans only (no conventional loans)
  • Teacher must live in home as primary residence
  • Homebuyer education course required
  • Must meet standard underwriting requirements
  • One-time fee of $675 on below-market fixed interest rate first mortgage
  • Required to record a second mortgage and pay associated fees
  • Funding amount available for 300 teachers, provided on a first come, first served basis

Contact me for more information by the form to the right, call or text 702-542-3089 or email: LasVegasHomesByJennifer@yahoo.com