Home At Last

Home At Last is a grant for homebuyers in Multiple, Nevada. NRHA 5% non-repayable grant paired with 30-year fixed first mortgage. NO FTHB requirement. 640/680 FICO. 50% DTI. $165K income cap (HFA Conventional). Available throughout rural Nevada (excludes Clark/Washoe MSA city limits). Home At Last is the Nevada Rural Housing Authority's (NRHA) flagship down payment assistance program. Eligible homebuyers in Nevada's rural and small-urban counties receive a 5% non-repayable grant (NOT a forgivable second. truly non-repayable from day one) of the first-mortgage amount. The grant may be used for down payment, closing costs, and prepaid escrows. The DPA is paired with a 30-year fixed first mortgage (FHA, VA, USDA Rural Development, or Fannie/Freddie HFA conventional) at a slightly higher rate to fund the grant. NO FIRST-TIME HOMEBUYER REQUIREMENT - repeat buyers and previous homeowners eligible. Available statewide EXCEPT inside city limits of incorporated communities within the Las Vegas-Henderson-Paradise MSA (Clark County) and the Reno-Sparks MSA (Washoe County). unincorporated portions of Clark and Washoe counties remain eligible. Funding comes from State and Bond.

Home At Last is structured as a grant, so it is not repaid. Repayment is triggered by Non-repayable grant and no repayment required regardless of owner-occupancy duration. Borrower may sell, refinance, or move at any time without recapture. The assistance is recorded in Grant position. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Home At Last is open to homebuyers who will live in the home as their primary residence. On credit, the program states: 640 minimum mid-FICO for FHA/VA/USDA; 680 minimum for Fannie/Freddie HFA Preferred / HFA Advantage conventional. Residency requirement: Property must be located in Nevada outside incorporated city limits of the Las Vegas-Henderson-Paradise MSA and the Reno-Sparks MSA; serve as borrower's principal residence. Citizenship or immigration status: U.S. citizen, permanent resident alien, or qualifying non-permanent resident alien per first-mortgage product overlays. NO first-time homebuyer requirement (repeat buyers eligible). Owner-occupied principal residence required. Single statewide household income cap of $165,000 (HFA Conventional); lower limits for FHA/VA/USDA per investor overlays (typically $67,120-$100,150 baseline by household size). 640 minimum mid-FICO for FHA/VA/USDA; 680 for Fannie/Freddie HFA conventional. 50% maximum DTI. NRHA-approved homebuyer education recommended (required for first-time buyers). Property must be located OUTSIDE incorporated city limits of Las Vegas-Henderson-Paradise MSA and Reno-Sparks MSA; unincorporated portions of Clark and Washoe counties + all 15 other Nevada counties eligible.

Home At Last limits household income to $165,000. 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.

Home At Last caps the purchase price as follows: No NRHA-imposed purchase-price cap on HFA Conventional; FHA/VA/USDA county loan limits apply (typically $524,225-$546,250 in rural NV). Eligible property types include Single-family detached, condominium, townhouse, PUD and manufactured home on permanent foundation per servicer overlays. New construction is eligible. Manufactured homes are eligible.

Home At Last names veterans, active-duty service members, reservists and National Guard members, and surviving spouses among the groups it serves. Being named here means the program mentions the group, not that membership alone qualifies an applicant — the rest of the eligibility rules still apply.

Home At Last serves homebuyers purchasing in Multiple, Nevada. The program targets specific areas: Rural Nevada counties + unincorporated Clark and Washoe county areas. Excludes city limits of Las Vegas-Henderson-Paradise MSA and Reno-Sparks MSA.

Applications for Home At Last go through the administering agency, which publishes the current terms and the application steps on its own site. Funds are reserved through Reserved by approved participating lender via NRHA Lender Online portal at time of rate lock. 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.