Launchpad for First-Time Homebuyers
Nevada Rural - Launchpad for First-Time Homebuyers Program | At-A-Glance
AVAILABLE PROGRAMS
Launchpad for First-Time Homebuyers - Available March 17th
QUESTIONS
Questions
ELIGIBLE LOAN AREAS
Launchpad for First-Time Homebuyers Eligible Loan Areas
BULLETINS
Bulletins
ELIGIBLE BORROWER(S)
Borrower(s) and a Non-Purchasing Spouse cannot have had a present ownership interest in any principal residence during the last three years; and, cannot have ownership in any real property at the time of closing (the “First-Time Homebuyer Requirement”).
RATES
See Chart
DPA AVAILABLE
0% Interest, 30-year deferred second mortgage. Assistance is either 2% or 4% of the total loan amount.
LOAN TYPE
See Chart
INCOME LIMITS
Launchpad for First-Time Homebuyers Income Limits
PURCHASE LIMITS
Launchpad for First-Time Homebuyers Purchase Price Limits
TIMELINE REQUIREMENTS
70 days from Reservation to Loan Purchase.
HOMEBUYER EDUCATION
Launchpad for First-Time Homebuyers Homebuyer Education
CO-SIGNERS
For purposes of the Program, cosigners are non-occupying loan guarantors only. They are not permitted to occupy the property, may not sign the Deed of Trust and may not have any vested interest in the property. Cosigners are permitted per Agency (FHA, USDA-RD, VA), GSE and U.S. Bank guidelines.
PROGRAM GUIDELINES
Launchpad for First-Time Homebuyers Guidelines
PARTICIPATING LENDERS
Participating Lenders
Home At Last and Launchpad
Nevada Rural Home At Last and Launchpad | At-A-Glance
Program
Home At Last and Launchpad
ELIGIBLE AREA
Home At Last and Launchpad Eligible Areas
BULLETINS
Bulletins
ELIGIBLE BORROWER(S)
Home at Last and Launchpad do not require borrowers to be First-Time Homebuyers.
RATES
See Chart
DPA AVAILABLE
0% Interest, 30-year deferred second mortgage. Home At Last - No DPA to 4% Assistance. Launchpad - 3% and 4% Assistance.
LOAN TYPE
See Chart
INCOME LIMITS
Home At Last and Launchpad Income Limits
LOAN LIMITS
Home At Last and Launchpad Loan Limits
TIMELINE REQUIREMENTS
70 days from Reservation to Loan Purchase. Underwriter Certification any time prior to closing.
HOMEBUYER EDUCATION
Approved Homebuyer Education Providers
CO-SIGNERS
For purposes of the Program, cosigners are non-occupying loan guarantors only. They are not permitted to occupy the property, may not sign the Deed of Trust and may not have any vested interest in the property. Cosigners are permitted per Agency (FHA, USDA-RD, VA), GSE and U.S. Bank guidelines.
PROGRAM GUIDELINES
Home At Last and Launchpad Guidelines
PARTICIPATING LENDERS
Participating Lenders
Home at Last MCC
Nevada Rural MCC| At-A-Glance
AVAILABLE PROGRAMS
Home At Last Mortgage Credit Certificate - Program expired 12/31/25
ELIGIBLE AREA
Eligible Area
BULLETINS
Bulletins
ELIGIBLE BORROWER(S)
Buyers and their spouse (occupant and non-occupant) must be first-time buyers (exceptions to the first-time buyer requirement for buyers using the Veterans Exception and buyers purchasing in a Federally Designated Targeted Area).
LOAN TYPE
See Chart
INCOME LIMITS
MCC Income Limits
PURCHASE LIMITS
MCC Purchase Price Limits
TIMELINE REQUIREMENTS
70 days from Reservation to Loan Purchase. Underwriter Certification any time prior to closing.
HOMEBUYER EDUCATION
Homebuyer Education
TARGETED AREA CENSUS TRACTS
Targeted Area Census Tracts
CO-SIGNERS
Permitted to the extent allowed by applicable Agency. Treat co-signer income as directed
by the Agency. A co-signer cannot have any ownership interest in the property (they cannot be on the mortgage, deed and they cannot take title to the property). A co-signer cannot live in the property. Non-occupant co-borrowers are not permitted.
PROGRAM GUIDELINES
MCC Program Guidelines - Program expired 12/31/25
PARTICIPATING LENDERS
Participating Lenders
Rural Rocks $20K
Rural Rocks $20K | At-A-Glance
| Program | Rural Rocks $20K Available December 1st |
| ELIGIBLE AREA | Rural Rocks $20K Eligible Areas |
| BULLETINS | Bulletins |
| ELIGIBLE BORROWER(S) | NO First-time homebuyer requirement in this program. Must be a resident of Nevada for at least six months prior to loan reservation. |
| APPROVED PROFESSIONS | Rural Rocks $20K Approved Professions |
| RATES | See Chart |
| DPA AVAILABLE | Borrowers will receive $20,000 in down payment assistance, which may be used in one of two ways: 1) Apply the full $20,000 toward down payment assistance and/or closing costs; OR 2) Pay discount points equal to 2% of the principal loan amount to permanently buy down the Rural Rocks $20K Program interest rate. |
| LOAN TYPE | See Chart |
| INCOME LIMITS | Rural Rocks $20K Income Limits |
| LOAN LIMITS | The program does not establish a maximum or minimum loan amount or purchase price for this program. Lenders must comply with Agency limits per loan guidelines. The Program does not permit Jumbo loans. |
| TIMELINE REQUIREMENTS | 70 days from Reservation to Loan Purchase. Underwriter Certification any time prior to closing. |
| HOMEBUYER EDUCATION | Approved Homebuyer Education Providers |
| CO-SIGNERS | For purposes of the Program, cosigners are non-occupying loan guarantors only. They are not permitted to occupy the property, may not sign the Deed of Trust and may not have any vested interest in the property. Cosigners are permitted per Agency (FHA, USDA-RD, VA), GSE and U.S. Bank guidelines. |
| PROGRAM GUIDELINES | Rural Rocks $20K Guidelines |
| PARTICIPATING LENDERS | Participating Lenders |
Today’s Rates & Offerings
Nevada Rural Housing | Rates & Offerings
| [ Business Days 8:30am – 7:00 pm PT ] | ||||||
|---|---|---|---|---|---|---|
| HAL Government | ||||||
| Offering | FICO | DPA | Lock Rate | |||
| FHA, VA, USDA-RD | 640 | 0% | 6.125% | |||
| Fannie Mae 80% AMI / Freddie Mac 80% AMI | 6.375% | |||||
| Fannie Mae OVER 80% AMI | 6.500% | |||||
| Rural Rocks | ||||||
| Offering | FICO | DPA | Lock Rate | |||
| FHA, VA, USDA-RD | 640 | $20,000 | 6.125% | |||
| Fannie Mae 80% AMI / Freddie Mac 80% AMI | 6.375% | |||||
| Fannie Mae OVER 80% AMI | 6.500% | |||||
| Rural Rocks w/2% Discount | ||||||
| Offering | FICO | DPA | Lock Rate | |||
| FHA, VA, USDA-RD | 640 | * $20,000 | 5.500% | |||
| Fannie Mae 80% AMI / Freddie Mac 80% AMI | 5.750% | |||||
| Fannie Mae OVER 80% AMI | 5.875% | |||||
| Launchpad | ||||||
| Offering | FICO | DPA | Lock Rate | |||
| FHA, VA, USDA-RD | 640 | 3% | 6.625% | |||
| FHA, VA, USDA-RD | 5% | 6.875% | ||||
| Conventional <80% AMI | 3% | 6.875% | ||||
| Conventional <80% AMI | 5% | 7.000% | ||||
| Conventional Over 80% AMI | 3% | 6.875% | ||||
| Conventional Over 80% AMI | 5% | 7.000% | ||||
| Launchpad for First Time Homebuyers | ||||||
| Offering | FICO | DPA | Lock Rate | |||
| FHA, VA, USDA-RD | 640 | 2% | 5.875% | |||
| FHA, VA, USDA-RD | 4% | 6.125% | ||||
| Conventional <80% AMI | 2% | 6.125% | ||||
| Conventional <80% AMI | 4% | 6.250% | ||||
| * SEE GUIDELINES | ||||||
Launchpad Bond Program
Nevada Rural - Launchpad for First-Time Homebuyers Program | At-A-Glance
AVAILABLE PROGRAMS
Launchpad for First-Time Homebuyers - Available March 17th
QUESTIONS
Questions
ELIGIBLE LOAN AREAS
Launchpad for First-Time Homebuyers Eligible Loan Areas
BULLETINS
Bulletins
ELIGIBLE BORROWER(S)
Borrower(s) and a Non-Purchasing Spouse cannot have had a present ownership interest in any principal residence during the last three years; and, cannot have ownership in any real property at the time of closing (the “First-Time Homebuyer Requirement”).
RATES
See Chart
DPA AVAILABLE
0% Interest, 30-year deferred second mortgage. Assistance is either 2% or 4% of the total loan amount.
LOAN TYPE
See Chart
INCOME LIMITS
Launchpad for First-Time Homebuyers Income Limits
PURCHASE LIMITS
Launchpad for First-Time Homebuyers Purchase Price Limits
TIMELINE REQUIREMENTS
70 days from Reservation to Loan Purchase.
HOMEBUYER EDUCATION
Launchpad for First-Time Homebuyers Homebuyer Education
CO-SIGNERS
For purposes of the Program, cosigners are non-occupying loan guarantors only. They are not permitted to occupy the property, may not sign the Deed of Trust and may not have any vested interest in the property. Cosigners are permitted per Agency (FHA, USDA-RD, VA), GSE and U.S. Bank guidelines.
PROGRAM GUIDELINES
Launchpad for First-Time Homebuyers Guidelines
PARTICIPATING LENDERS
Participating Lenders
Home At Last
Nevada Rural Home At Last and Launchpad | At-A-Glance
Program
Home At Last and Launchpad
ELIGIBLE AREA
Home At Last and Launchpad Eligible Areas
BULLETINS
Bulletins
ELIGIBLE BORROWER(S)
Home at Last and Launchpad do not require borrowers to be First-Time Homebuyers.
RATES
See Chart
DPA AVAILABLE
0% Interest, 30-year deferred second mortgage. Home At Last - No DPA to 4% Assistance. Launchpad - 3% and 4% Assistance.
LOAN TYPE
See Chart
INCOME LIMITS
Home At Last and Launchpad Income Limits
LOAN LIMITS
Home At Last and Launchpad Loan Limits
TIMELINE REQUIREMENTS
70 days from Reservation to Loan Purchase. Underwriter Certification any time prior to closing.
HOMEBUYER EDUCATION
Approved Homebuyer Education Providers
CO-SIGNERS
For purposes of the Program, cosigners are non-occupying loan guarantors only. They are not permitted to occupy the property, may not sign the Deed of Trust and may not have any vested interest in the property. Cosigners are permitted per Agency (FHA, USDA-RD, VA), GSE and U.S. Bank guidelines.
PROGRAM GUIDELINES
Home At Last and Launchpad Guidelines
PARTICIPATING LENDERS
Participating Lenders
Nevada Rural HAL
Nevada Rural MCC| At-A-Glance
AVAILABLE PROGRAMS
Home At Last Mortgage Credit Certificate - Program expired 12/31/25
ELIGIBLE AREA
Eligible Area
BULLETINS
Bulletins
ELIGIBLE BORROWER(S)
Buyers and their spouse (occupant and non-occupant) must be first-time buyers (exceptions to the first-time buyer requirement for buyers using the Veterans Exception and buyers purchasing in a Federally Designated Targeted Area).
LOAN TYPE
See Chart
INCOME LIMITS
MCC Income Limits
PURCHASE LIMITS
MCC Purchase Price Limits
TIMELINE REQUIREMENTS
70 days from Reservation to Loan Purchase. Underwriter Certification any time prior to closing.
HOMEBUYER EDUCATION
Homebuyer Education
TARGETED AREA CENSUS TRACTS
Targeted Area Census Tracts
CO-SIGNERS
Permitted to the extent allowed by applicable Agency. Treat co-signer income as directed
by the Agency. A co-signer cannot have any ownership interest in the property (they cannot be on the mortgage, deed and they cannot take title to the property). A co-signer cannot live in the property. Non-occupant co-borrowers are not permitted.
PROGRAM GUIDELINES
MCC Program Guidelines - Program expired 12/31/25
PARTICIPATING LENDERS
Participating Lenders
Rural Rocks $20K
Rural Rocks $20K | At-A-Glance
| Program | Rural Rocks $20K Available December 1st |
| ELIGIBLE AREA | Rural Rocks $20K Eligible Areas |
| BULLETINS | Bulletins |
| ELIGIBLE BORROWER(S) | NO First-time homebuyer requirement in this program. Must be a resident of Nevada for at least six months prior to loan reservation. |
| APPROVED PROFESSIONS | Rural Rocks $20K Approved Professions |
| RATES | See Chart |
| DPA AVAILABLE | Borrowers will receive $20,000 in down payment assistance, which may be used in one of two ways: 1) Apply the full $20,000 toward down payment assistance and/or closing costs; OR 2) Pay discount points equal to 2% of the principal loan amount to permanently buy down the Rural Rocks $20K Program interest rate. |
| LOAN TYPE | See Chart |
| INCOME LIMITS | Rural Rocks $20K Income Limits |
| LOAN LIMITS | The program does not establish a maximum or minimum loan amount or purchase price for this program. Lenders must comply with Agency limits per loan guidelines. The Program does not permit Jumbo loans. |
| TIMELINE REQUIREMENTS | 70 days from Reservation to Loan Purchase. Underwriter Certification any time prior to closing. |
| HOMEBUYER EDUCATION | Approved Homebuyer Education Providers |
| CO-SIGNERS | For purposes of the Program, cosigners are non-occupying loan guarantors only. They are not permitted to occupy the property, may not sign the Deed of Trust and may not have any vested interest in the property. Cosigners are permitted per Agency (FHA, USDA-RD, VA), GSE and U.S. Bank guidelines. |
| PROGRAM GUIDELINES | Rural Rocks $20K Guidelines |
| PARTICIPATING LENDERS | Participating Lenders |