Nevada Housing Division

Nevada Housing Division (NHD) – Home is Possible Program





Lender/Program Portal


Note – for details, see the Administrator’s Guidelines under GUIDE & FORMS

  • Continuous Funding
  • Reservation/Locks – AVAILABLE from 8am-7pm Pacific
    • Other system functions are available 24/7

  • Reservation to UW Cert: 20 calendar days (cancelled if not certified)
  • Reservation to Close and Delivery: 45 calendar days
  • Reservation to Loan Purchase: 70 calendar days
  •  State-wide
  • There is no first-time homebuyer requirement in this program.
  • Government – FHA, VA, USDA-RD
  • Conventional – HFA Preferred
  • Various levels of Assistance are available
  • Used for down payment or closing costs
  • Cash back is not allowed
  • Household income = 1003 Credit Qualifying Income (not co-signor’s)
  • All Family sizes = $98,500
  • New or Existing construction = $400,000
  • Mid FICO score – see guidelines
  • Max 45 debt-to-income (DTI) ratio
  • permitted to the extent permitted by applicable Agency (Fannie Mae, FHA, VA,  USDA: RD).
  • cannot have any ownership interest in the property (they cannot be on the mortgage/Deed/Warranty Deed).
  • Approval by Nevada & US Bank
  • Available online under Forms
  • Issues the programs, Creates the first mortgage and down payment assistance options
  • Sets the rate, term and points
  • Lender relationships, Markets the program
  • NHD’s Web
  • Need help
  • 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 with the Servicer Lender Guides or  to contact the US Bank, Click here.
  • To request a one-time 30-day extension, Click here.
  • Extensions are not granted to extend the days from Reservation to UW Certification

Reservation/locks – AVAILABLE from 8:00am-7:00pm Pacific (11-10 EDT excluding weekends & holidays)
HIP Rate/Offerings  Min FICO Lock Rate DPA Effective Date Origination Discount Points SRP Paid at Loan Purchase
 HEROES – (specific qualifications) – without DPA
VA, USDA-RD 640 3.625% n/a 9/18 0.5% 2.25% (1.75% VA)
 TEACHERS – (K-12, licensed, full-time, public school) 
9/1 – A Teacher Program will be back in Oct.  Please see blackboard for details
 GOVERNMENT w/DPA as a grant 
VA, USDA-RD 640 4.500% w/3% 9/18 0.5% 2.25% (1.75% VA)
FHA 660
VA 640 5.00% w/4% 6/19 0.5% 2.25% (1.75% VA)
FHA 660 w/4%
FHA 640 640-659 w/3%
HFA Preferred 640 4.875% w/3% 9/15 0.5% 2.25%
5.125% w/4% 7/18
5.375% w/5% 9/15
  • 30 Year, Fixed Rate, Amortized
  • Manual UW permitted – see guidelines
  • Manufactured homes are an allowable property program wide – see guidelines


Most current rate is available online after you login.


  • Various levels of assistance, driven by interest rate, loan type, FICO, etc.
  • Lender up-fronts the exact amount of DPA. US Bank will reimburse at purchase

 DPA as a grant

  • Assistance is system (automatically) calculated of the final loan amount

 DPA as a second mortgage – (TEACHERS program only)  

  • 0% Interest
  • 5-year forgivable second mortgage
  • $10,000

DPA – NEW 6/7 HIP 1500 Program

eHousingPlus is the Program Administrator, and provides some of the following services:
Administrator Guidelines (6/6)      Administrator's Guidelines 6/9 7/22

  • 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 (1/19)  – HIP      form                              Program Sample Forms (1/19)  – HIP Teachers      form




The Following Lenders have been approved to originate loans:

  • Academy Mortgage
  • All Western Mortgage
  • Alterra Group, LLC (FKA Venta)
  • America First Federal Credit Union
  • American Financial Network, LLC
  • American Financing Corporation
  • American Pacific Mortgage
  • Amerifirst Financial, Inc.
  • Axia Financial, LLC dba Axia Home Loans
  • Banc of California N.A. dba Banc Home Loans
  • Bank of England
  • Bay Equity
  • BNC National Bank
  • Broker Solutions Inc dba New American Funding
  • CalAtlantic Mortgage, Inc.
  • Calcon Mutual Mortgage, LLC dba One Trust Home Loans
  • Caliber Home Loans
  • Cardinal Financial Company
  • Castle & Cooke Mortgage
  • Catalyst Lending
  • City First Mortgage Services
  • Citywide Home Loans
  • CMG Mortgage, Inc. dba CMG Financial
  • Cornerstone Home Lending Inc.
  • Cross Country Mortgage
  • DHI Mortgage Company
  • Dignified Home Loans
  • Direct Mortgage, Corp
  • Envoy Mortgage
  • Equity Prime Mortgage LLC (fka Equity Loans LLC)
  • Essex Mortgage
  • Everett Financial DBA Supreme Lending
  • Evergreen Home Loans
  • Fairway Independent Mortgage Corporation
  • Finance of America
  • First California Mortgage
  • First Mortgage Corporation
  • First Option Mortgage
  • Franklin American Mortgage Company
  • Freedom Mortgage
  • Geneva Financial
  • Goldwater Bank, N.A.
  • Greater Nevada Mortgage Services
  • Guaranteed Rate Inc.
  • Guild Mortgage Company
  • Home Community Mortgage
  • Home Funding Corporation
  • HomeAmerican Mortgage Corporation
  • HomeBridge Financial
  • Homeowners Financial Group
  • iServe Residential Lending, LLC.
  • Integrity First Financial Group
  • Intercontinental Capital Group
  • International City Mortgage, Inc.
  • JFK Financial Inc.
  • KBHS Home Loans
  • Land Home Financial Services
  • LeaderOne Financial
  • Lenox Financial Mortgage dba Weslend Financial Mortgage
  • Loan Simple, Inc.
  •, LLC
  • Mann Mortgage
  • Mason-McDuffie Mortgage Corporation
  • MidCountry Bank
  • Mountain West Financial, Inc
  • Movement Mortgage LLC
  • Nationstar Mortgage
  • Nevada Mortgage, Inc.
  • New Penn Financial
  • North American Financial Corp
  • NOVA Financial & Investment Corp
  • On Q Financial
  • One Nevada Credit Union
  • Pacific Union Financial, LLC
  • Paramount Residential Mortgage
  • People’s Home Equity
  • Peoples Mortgage Company
  • People’s National Bank
  • Perl Mortgage, Inc.
  • Pinnacle Lending Group, Inc.
  • Platinum Home Mortgage Corporation
  • Primary Residential Mortgage
  • PrimeLending, A PlainsCapital Company
  • Prospect Mortgage LLC
  • Pulte Mortgage
  • ReNew Lending, Inc.
  • Residential Bancorp
  • RMS & Associates
  • RPM Mortgage, Inc.
  • Security National Mortgage Company
  • Sierra Pacific Mortgage
  • Silver State Schools Credit Union
  • South Pacific Financial Corp.
  • Southern Fidelity Mortgage
  • Stearns Lending (William Lyon Mortgage, LCC (WLM), a  Joint Venture)
  • Stonegate Mortgage Corporation
  • Summit Funding, Inc.
  • Sun West Mortgage Company
  • SWBC Mortgage Corporation
  • Synergy One Lending, Inc.
  • The Federal Savings Bank
  • The Home Lending Group, LLC.
  • Umpqua Bank
  • Universal American Mortgage Company Eagle Home Mortgage, LLC.
  • US Bank
  • VanDyk Mortgage
  • VIP Mortgage, Inc.
  • Vitek Mortgage
  • Wells Fargo Bank N.A.

Interested in becoming a participating lender? Contact us.

Program Updates
    Reminder that the Administrator’s Guidelines provide details to this program.  You should check the UPDATES page (right after the Table of Contents).  For information related to the mortgage file (DU, Insurance, ratios, etc) contact US Bank.

  • 9/1 – Thanks to all of you, the HIP for Teachers Pilot Program was a huge success!  Nevada Housing Division is working on the mechanics of a NEW Teachers program, expected in October. Read more
  • 6/7 – HIP 1500 Program is additional DPA for Fannie Mae HFA Preferred loans……Bonus on top of Bonus – view details
  • 3/15- Manufactured homes are an allowable property program wide.
  • 3/15 – Borrower is limited to using the program one time
  • 12/5 – Pilot Program is launched for teachers. K-12 licensed full-time teachers (public schools).
  • 11/1 Heroes extended to include Teachers.
  • 8/18-The minimum credit score for all Conventional loans has been reduced to 640. All HFA Division approved lenders may begin originating and underwriting Conventional loans with a minimum 640 credit score with LTV’s up to 97%.
  • 7/1- USDA at 4% dpa has been removed.

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 on training, 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.