Great Nevada Mortgage Middle-Income Downpayment Assistance Grants
Great Nevada Mortgage Middle-Income Downpayment Assistance Grants is a grant for homebuyers in Statewide, California.
The program asks for
- First-time homebuyer — the program sets its own definition
- The home is occupied as a primary residence
- A completed homebuyer education course, through Required - HUD-approved homebuyer counseling
- Sourced via Homebuyer Wallet (US20250001). Must be first-time homebuyer (3-year lookback). $10,000 minimum borrower contribution from personal or gifted funds. Available in CA, AZ, NV.
These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.
How to apply
How to applyThree steps, in this order
Take a homebuyer education course
Required by the program, through Required - HUD-approved homebuyer counseling.
Contact the administering agency to reserve funds
Funds are reserved with the provider and are subject to availability.
Work with a lender who handles the program
Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.
Questions about this program
What is Great Nevada Mortgage Middle-Income Downpayment Assistance Grants?
Great Nevada Mortgage Middle-Income Downpayment Assistance Grants is a grant for homebuyers in Statewide, California. FHLB-SF MDPA grant program; funds limited and high demand. No repayment. Up to $50,000 grant via Federal Home Loan Bank of San Francisco (FHLBSF) WISH/MDPA programs. No repayment required. $10,000 minimum borrower contribution. This is a nationwide program, so it is available beyond a single state or city. Funding comes from Federal Home Loan Bank of San Francisco.
Do you have to pay it back?
Great Nevada Mortgage Middle-Income Downpayment Assistance Grants is structured as a grant, so it is not repaid. Repayment is triggered by none (grant, but FHLB-SF retention requirements may apply). Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.
Who qualifies?
Great Nevada Mortgage Middle-Income Downpayment Assistance Grants is open to first-time homebuyers and homebuyers who will live in the home as their primary residence. "First-time homebuyer" usually means not having owned a home in the last three years, but the program sets its own definition. A homebuyer education course is required, through Required - HUD-approved homebuyer counseling. Sourced via Homebuyer Wallet (US20250001). Must be first-time homebuyer (3-year lookback). $10,000 minimum borrower contribution from personal or gifted funds. Available in CA, AZ, NV.
What are the income limits?
Great Nevada Mortgage Middle-Income Downpayment Assistance Grants sets its income limit as follows: Middle-income household per FHLB-SF program guidelines. The limit applies to total household income, not only the borrower’s. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.
What kind of home can it be used for?
Great Nevada Mortgage Middle-Income Downpayment Assistance Grants can be used for Single-family, Condo, Townhouse.
Where does it apply?
Great Nevada Mortgage Middle-Income Downpayment Assistance Grants is a nationwide program, so it is not limited to one state.
How do you apply?
Applications for Great Nevada Mortgage Middle-Income Downpayment Assistance Grants go through the administering agency. Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.
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Whether two programs can be combined is up to each agency. Ask before you apply.
All 62 nationwide programsProgram terms are set by the administering agency and can change; confirm on the official site before you apply.