USDA Rural Development - Nevada State Office
Up to $0 toward a down payment in NV.
The USDA Section 502 Direct Home Loan provides 100% financing (no down payment) to low- and very-low-income buyers purchasing in eligible rural areas of Nevada. A payment-assistance subsidy temporarily reduces the monthly payment, lowering the effective interest rate to as little as 1% based on adjusted family income. Closing costs and eligible repairs can be financed into the loan. The subsidy is subject to recapture when the home is sold or no longer occupied.
Short reads on how it works, in plain language. Free, no sign-up needed to read.
Free course from Hey Prescott
A short, free course on USDA Single Family Housing Direct Home Loan (Section 502 Direct) - Nevada: what it is, who it is for, what the program sets and what your lender sets, where it applies and how to apply. Based on program data from July 2026. About ten minutes.
5 modules · About 10 minutes
Program details are sourced from public agency data and may change. Confirm eligibility with a Hey Prescott loan officer before applying.