Single Family Program

The Single Family Mortgage Purchase Program provides mortgage loans to qualified buyers at interest rates which are below conventional market interest rates, making home ownership affordable to a broader range of Nevada's citizens.

The principal purpose of the Housing Division's Single Family tax-exempt bond program is to provide a source of mortgage funds, which cannot be supplied by the private sector, to qualifying families and individuals of low and moderate income. The Nevada Housing Finance Law passed in May of 1975, established the Nevada Housing Division to:

"...encourage the investment of private capital and to stimulate the use of public financing, to provide mortgage loans and to make loans to and purchase mortgage loans from mortgage lenders."
Under the powers of this mandate, the Housing Division reaffirms its commitment to aid in the elimination of:
"...serious shortage of decent, safe and sanitary housing...available to persons and families of low and moderate incomes."

Borrower Information

Borrower Qualifications for a Low Interest Rate Loan
 
Program Release Information
 
What is Recapture Tax?
 
Frequently Asked Questions
 
Participating Lenders
Federal Housing Administration
Veterans Affairs (VA) Home Loans

Mortgage Guaranty Insurance Corporation (MGIC)


Lender Information

Requirements for Becoming a Participating Lender
Documents Required for a Lender to Process Loans  


For additional information contact:
vdunmore@govmail.state.nv.us  
Telephone: (775) 687-4258, ext. 249
Fax. (775) 687-6947