4% Down Payment Grant for Washoe County

The Nevada Housing Division recently announced the “Home is Possible” Down Payment Grant Program. This is a 4% grant towards down payment and closing costs for qualified buyers. Some of the qualifications are :

  • Minimum credit score of 640 for government insured loans and 680 for conventional.
  • Income below $95,500
  • Home price below $400,000

More details at http://housing.nv.gov/programs/FTH/Home_is_Possible/