Nevada Rural Housing Authority 2014

2014 Home At Last (HAL) Access Program

  • Continuous Funding
  • eHP System available 365, 24/7
  • Program Reservations/Locks are available on business days between 7 am & 5 pm Pacific Time (10 am & 8 pm Eastern Daylight)
LOAN TIME LINE REQUIREMENTS DO NOT RESERVE EARLY: Must Underwrite Certify by 15th day – *15 day Lock – No Extensions*

  1. Reservation to UW Cert: 15 days
  2. Reservation to Close and Delivery: 45 days
  3. Reservation to Loan Purchase: 70 days
ELIGIBLE AREAS State of Nevada

  • Except for:
    • the City of Reno in Washoe County
    • the following cities in Clark County: Henderson, Las Vegas, North Las Vegas, Paradise, Spring Valley, and Sunrise Manor.
  • If your property is in any of the above cities you must  look-up the Taxing District
  • There is no first-time homebuyer requirement in this program.
  • Buyers and their spouses must be able to permanently reside in the US.
  • Work visas, student visas, any temporary visas do not qualify.
  • Those with permanent asylum do qualify & should provide an I-9.
  • No refinance loans (except loans currently being serviced by US Bank)
  • Assistance 4% of the final loan amount – down payment or closing costs.
  • Cash back is not allowed.
  • Lender upfronts. US Bank will reimburse at purchase
  • Household income = 1003 Credit Qualifying Income (not co-signor’s)
  • For all Family SIzes $95,500
  • New or Existing construction $400,000
  • Homebuyer Education required.
  • Mid FICO score must be 640 or higher
  • Max 45 debt-to-income (DTI) ratio
  • Cosigners are permitted for FHA loans under very specific conditions.
  • Co-signers cannot be named on the Warranty Deed.
  • Approval by NRHA & US Bank
  • Available online under Forms
EXTENSIONS Any loan not purchased within 70 days is ineligible for purchase unless the lender chooses a one-time only 30-day extension. The cost of the extension is $375. Please see the Administrator’s Guidelines for all additional terms and details. To request an extension, click here. Extensions are not granted to extend the 15 days from Reservation to UW Certification. If that is not met, the loan will be cancelled.
PROGRAM ADMINISTRATOR eHOUSINGPLUS eHousingPlus is the Program Administrator, and provides some of the following services:

  • Provides the web-based program loan reservation and management system
  • Creates and Maintains a program summery website
  • Develops and Publishes Administrator’s Guidelines
  • Develops and provides easy to use auto-fill forms for easy loan package processing
  • Provides Lender Program and System Training
  • Sends out program notices and updates to Lenders
  • Provides Program Compliance Support to Lenders
  • Reviews Compliance Files
  • Notifies Lender of loan deficiencies and corrective actions
  • Notifies Lenders of Timeline and Milestone Requirements
  • Provides Compliance Approval for Loan Files
  • Provides Web-Based Data and Reporting Tools
  • Central contact for Compliance Questions and System Support
  • Works with the Agency and Master Servicer on Program Goals.

Administrator Guidelines Administrator's Guidelines

Need help, Click here

  • Provides information and training concerning the mortgage loan file
  • acceptable loan products
  • delivery and funding
  • reviews the mortgage files
  • notifies lenders of mortgage file exceptions
  • approves mortgage files
  • purchases first and second mortgage loans
  • Servicer Lender Guides, Click here
    • If you need assistance getting to the Servicer Lender Guides, Click here.
    • Contact US Bank Lender Help Desk, Click here.
Reservation locks are available on business days between 7 am & 5 pm Pacific Time (10 am & 8 pm Eastern Daylight)

Current Rate*

4.625%    Effective 04/11

* Most current rate is available online after you login.



4.00% Grant

Lender upfronts the exact amount of DPA. US Bank will reimburse at purchase

The Following Lenders have been approved to originate loans:

  • American Pacific Mortgage
  • Academy Mortgage Corporation
  • All Western Mortgage Network
  • Axia Financial
  • Bay Equity LLC
  • Broker Solutions Inc DBA New American Funding
  • CMG Mortgage
  • Cornerstone Home Lending, Inc
  • City First Mortgage Services
  • DHI Mortgage
  • Evergreen Home Loans
  • Greater Nevada Mortgage Services
  • Guild Mortgage
  • International City Mortgage
  • Land Home Financial Services, Inc.
  • LoanDepot dba iMortgage
  • Mason-McDuffie Mortgage Corporation
  • Movement Mortgage, LLC
  • Nationstar Mortgage (Home Community Mortgage LLC)
  • OCMBC, Inc
  • One Nevada Credit Union
  • Paramount Residential Mortgage Group
  • Pinnacle Capital Mortgage Corporation DBA Alpine Mortgage Planning
  • PrimeLending
  • Prospect Mortgage
  • Pulte Mortgage
  • Republic Mortgage Home Loans, LLC
  • RMS & Associates (Residential Mortgage Services)
  • Security National Mortgage
  • South Pacific Financial Corporation
  • Southern Fidelity Mortgage
  • Stearns Lending, Inc
  • Summit Funding Inc.
  • The Federal Savings Bank
  • Universal American Mortgage Corp (UAMC)
  • US Bank Home Mortgage
  • Venta Financial Group DPA Alterra Home Loans
  • Wells Fargo Home Mortgage



Interested in becoming a participating lender? Contact us.

Program Updates
  • 1/2 – New Income and Acquisition  Limits
  • 1/1/2014 – New Program Starts.
  • 1/1/2014 – Must be approved for the 2014 Home at Last Access program.  Contact Nevada Rural Housing Authority if you do not see your company listed under participating lenders.


Loan Processing, Delivery and Purchase Timetable:
Once a loan is reserved in the eHousingPlus system and is provided the Servicer’s Loan number, the loan must be

(1) underwriter certified within 15 days of loan reservation
(2) closed and delivered to the Servicer within 45 days of loan reservation and
(3) purchased within 70 days of loan reservation.

EhousingPlus University

eHP Lender Program Training- Required for everyone participating in the program and is offered 24/7. Click here to attend

eHP System Training*- After you complete the online Lender Program Training, information is provided as to what happens next. To register for eHP System training, Click here. Please make sure you sign up for system training; do not wait until the last minute and put your loan closing at risk.

Should you have any questions on either training, please contact or;

To read more about eHP Program Training, click here.

* System Training is required at least once, so that users gain the knowledge necessary to originate and manage their loans on-line. eHP University provides additional opportunities to re-train and/or refresh your system knowledge. Recurring (experienced) system users do not need to attend system training.