Nevada Rural Housing Authority

Nevada Rural Housing Authority          NEVADA RURAL HOME AT LAST PROGRAMS



Lender / Program Portal

Nevada Rural Home at Last Programs

for details on all summary items, please see the Administrator’s Guidelines-Guide & Forms Tab
  • Continuous Funding
  • Reservation/Locks – AVAILABLE* from 7:00am-5:00pm Pacific (10-8 EDT)
    • * Market Business days (excluding weekends & holidays)
    • Other system functions are available 24/7

  • Reservation to UW Cert: 15 calendar days (cancelled if not certified)
  • Reservation to Close and Delivery: 45 calendar days
  • Reservation to Loan Purchase: 70 calendar days
  • Any loan not purchased within 70 days is ineligible for purchase unless the lender chooses a one-time only 30-day extension.
  • To request a one-time 30-day extension, click here.
  • Extensions are not granted to extend the 15 days from Reservation to UW Certification
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.
  • It is the lenders responsibility to verify that if the property is in any of the above cities it qualifies. Please see instructions below.
  • 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.
  • Government – FHA, VA, USDA-RD
  • Conventional – HFA Preferred
  • 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 for anyone on the Note/Warranty Deed
    • various providers, NRHA, MGIC, eHomeAmerica, Financial Guidance Center.  see page 7 of the guidelines
  • 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
  • Provides information and training concerning the mortgage loan file, acceptable loan products, delivery and funding, reviews/purchases the mortgage file
  • Servicer Lender Guides, Click here
  • If you need assistance accessing the Servicer Lender Guides, Click here
  • To contact US Bank Lender Help Desk, Click here.
Reservation/locks – AVAILABLE from 7:00am-5:00pm Pacific (10-8 EDT excluding weekends & holidays)

Current Rate*

Rate/Offerings DPA Lock Rate Effective Date
Government loans w/4% DPA   4.375% 8/28
HFA Preferred loans    NEW! w/4% DPA 4.75% 8/20


  • 30 Year, Fixed Rate, Amortized
  • *Most current rate is available online after you login.


  • 4.00% Grant
  • Lender up-fronts the exact amount of DPA. US Bank will reimburse at purchase
eHousingPlus is the Program Administrator, and provides some of the following services:
Administrator Guidelines Administrator's Guidelines 7/1 8/17

  • Provides the web-based program loan reservation and management system, Administrator’s Guidelines, Program forms, Lender Program and System Training, Notices and updates to Lenders, Compliance Support to Lenders, Reviews Compliance Files, Timelines, Works with the Agency and Master Servicer on Program Goals.
  • Need help, Click here

Program Sample Forms form

The Following Lenders have been approved to originate loans:

  • Academy Mortgage Corporation
  • All Western Mortgage Network
  • American Financial Network
  • American Pacific Mortgage
  • Axia Financial, LLC dba Axia Home Loans
  • Banc of California
  • Bank of England
  • Bay Equity LLC
  • Broker Solutions Inc DBA New American Funding
  • CalCon Mutual Mortgage LLC dba OneTrust Home Loans
  • Caliber Home Loans
  • Castle & Cook Mortgage
  • Catalyst Lending, Inc.
  • CMG Mortgage
  • Cobalt Mortgage
  • Cornerstone Home Lending, Inc
  • City First Mortgage Services
  • Crosscountry Mortgage
  • DHI Mortgage
  • Dignified Home Loans
  • Evergreen Home Loans
  • Everett Financial dba Supreme Lending
  • Fairway Independent Mortgage Corporation
  • First Option Mortgage, LLC
  • First California Mortgage Company
  • Franklin American Mortgage Company
  • Freedom Mortgage Corporation
  • Greater Nevada Mortgage Services
  • Guild Mortgage
  • Home Community Mortgage
  • International City Mortgage
  • Land Home Financial Services, Inc.
  • Lenox Financial Mortgage Corporation, dba Weslend Financial.
  • LeaderOne Financial Corp.
  • LoanDepot dba iMortgage
  • Mann Mortgage
  • Mason-McDuffie Mortgage Corporation
  • Movement Mortgage, LLC
  • OCMBC, Inc
  • One Nevada Credit Union
  • Paramount Residential Mortgage Group
  • Peoples Home Equity, Inc.
  • Pinnacle Capital Mortgage Corporation DBA Alpine Mortgage Planning
  • PrimeLending
  • Prospect Mortgage
  • Pulte Mortgage
  • Republic Mortgage Home Loans, LLC
  • Residential Bancorp
  • RMS & Associates (Residential Mortgage Services)
  • Security National Mortgage
  • Sierra Pacific Mortgage Company
  • South Pacific Financial Corporation
  • Southern Fidelity Mortgage
  • Stearns Lending
  • Stonegate Mortgage
  • Summit Funding Inc.
  • The Federal Savings Bank
  • Universal American Mortgage Corp (UAMC)
  • US Bank Home Mortgage
  • VanDyk Mortgage
  • Venta Financial Group DPA Alterra Home Loans
  • Wells Fargo Home Mortgage

Interested in becoming a participating lender?   Contact us.

Program Updates
  • 6/29- The conventional product, HFA Preferred  will be available for new reservations effective  7/1
  • 6/9-Updated guidelines – servicer fee
  • 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.

EhousingPlus University


1. eHP Lender Program Training

    • Required for everyone participating in the program
    • offered 24/7
    • Click here to attend Program training

2. eHP System Training*

    • After you complete the online Lender Program Training, information is provided as to what happens next.
    • Click here to register for system training

Should you have any questions please contact

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.