By Tyler Thompson · Licensed Real Estate Agent · Updated October 21, 2026
Las Vegas NV Down Payment Assistance & Homebuyer Programs
See programs you qualify for
Get Matched Free →Compare Las Vegas down payment assistance from Nevada's three Home Is Possible options and the WISH savings match, priced against a $427,900 median home value.
Verified Oct. 2026
- Median home value
- $427,900
- Census ACS 2020-2024
- 3% down
- $12,837
- Before closing costs
- Closing costs
- $9k–$13k
- Planning estimate
- Assistance paths
- 4 programs
- Plus 6 mortgage options
Start with the program that matches the property
Start with the program that matches the property: Nevada's Home Is Possible covers 5% of loan value at most, with no first-time rule, while its first-time version pays 4% under Clark County's $566,354 price cap. The City of Las Vegas runs no purchase loan of its own.
State
Home Is Possible Down Payment Assistance
Up to 5% of the loan
Pays a share of loan value, 5% at most, toward the down payment or closing, and repeat buyers earning up to $165,000 can use it.
State
Home Is Possible for First-Time Homebuyers
Up to 4% of the loan
Interest-free help equal to 4% of loan value for buyers with no ownership in three years, under Clark County's 2026 income and price caps.
State
$7,500
A $7,500 forgivable award for licensed full-time public K-12 classroom teachers, available through December 31, 2026.
Plan the cash
What buying in Las Vegas costs
| Median home value | $427,900 |
|---|---|
| 3% down payment | $12,837 |
| Estimated closing costs | $8,500–$13,000 |
| Estimated cash before assistance | $21,337–$25,837 |
Estimate only, not a quote. Title, escrow, lender charges, appraisal, home inspection, a year of insurance and tax reserves for a $427,900 Las Vegas house.
Keep cash help separate
Down payment assistance in Las Vegas
| Program | Maximum | Best fit | Repayment / limit |
|---|---|---|---|
| WISH Down Payment Matching Grant (FHLBank San Francisco) | Maximum:Up to $32,837 (4:1 match) | Best fit:Savers within 80% of AMI at a member bank | Repayment / limit:Grant with a 5-year retention period; Member bank funds, rolling to Mar 2027 |
| Home Is Possible Down Payment Assistance (Nevada) | Maximum:Up to 5% of the loan | Best fit:Any buyer up to $165,000 of income, including repeat owners | Repayment / limit:— |
| Home Is Possible for First-Time Homebuyers (Nevada) | Maximum:Up to 4% of the loan | Best fit:First-time buyers under Clark County's income limits | Repayment / limit:0%, 30-year term, not forgivable |
| Home Is Possible for Teachers (Nevada) | Maximum:$7,500 | Best fit:Public K-12 classroom teachers buying by year-end | Repayment / limit:Forgiven after 5 years in the home; Program ends December 31, 2026 |
Mortgage options that may pair with assistance
Make a decision
Find your best starting point
Repeat buyer
Home Is Possible has no owner test
Owning before doesn't rule you out: the main Home Is Possible loan reaches 5% of loan value on homes up to $832,750, with income up to $165,000.
First-time buyer
Compare 4% against 5%
The first-time version pays 4% interest-free, but Clark County households of 1–2 must earn $105,500 or less and larger households $121,325, so ask the lender to price both.
Public school teacher
Close before December 31
Licensed full-time K-12 public classroom teachers can get $7,500 that is forgiven after five years in the home, but the program runs only through December 31, 2026.
Lower-income saver
Match your savings with WISH
A member bank can turn every dollar you save into four, up to $32,837, when income is within 80% of AMI; reservations end March 12, 2027.
Property and geography checks
| Program | Where | Property / lender gate |
|---|---|---|
| Home Is Possible | Where:Statewide, including all of Clark County | Gate:Price up to $832,750, income up to $165,000, 640 credit (660 for manufactured homes), education course |
| Home Is Possible First-Time | Where:Clark County limits as of June 15, 2026 | Gate:Price up to $566,354; no ownership in the past 3 years; 640 credit and a homebuyer course |
| Home Is Possible for Teachers | Where:Statewide, through December 31, 2026 | Gate:Licensed full-time K-12 public classroom teacher; stay five years or repay the award |
| FHLBank WISH | Where:Member banks in NV, CA and AZ | Gate:80% of AMI or less, counseling before enrollment, $1 of buyer money for every $4 of grant |
The fastest way to avoid a bad match
Check the address, property type and price cap before comparing assistance amounts.
A larger advertised benefit doesn’t help if the home or lender is outside that program’s rules.
We’ll fill in its city and state on the free eligibility check. A mailing address that says Las Vegas isn’t always inside city limits, so confirm with the program before you make an offer.
See the math
Three realistic purchase examples
Illustrations only. Approval, availability and program combinations depend on current rules.
Median-value house with Home Is Possible
| Price | $427,900 |
|---|---|
| Down payment | $14,977 |
| Closing costs | $10,750 |
| Home Is Possible (5% of loan) | −$20,646 |
| Estimated gap | $5,081 |
FHA with 3.5% down and a $412,923 base loan; the 5% covers the down payment and part of closing.
First-time buyer at $380,000 using the 4% option
| Price | $380,000 |
|---|---|
| Down payment | $13,300 |
| Closing costs | $9,500 |
| HIP First-Time (4% of loan) | −$14,668 |
| Estimated gap | $8,132 |
A $366,700 FHA base loan; a household of three or larger must earn no more than $121,325.
Clark County teacher buying at $400,000
| Price | $400,000 |
|---|---|
| Down payment | $14,000 |
| Closing costs | $10,000 |
| Home Is Possible for Teachers | −$7,500 |
| Estimated gap | $16,500 |
FHA with 3.5% down; the award must close by December 31, 2026, when the program ends.
How to apply in Las Vegas
- 1
Finish the required homebuyer course
Nevada Housing Division
Every Home Is Possible option requires a homebuyer education course before closing. The Division's southern office is at 3300 W. Sahara Ave., Suite 425, in Las Vegas.
- 2
Work with a Home Is Possible lender
A Nevada Housing Division participating lender
Only participating lenders originate the Division's 30-year fixed loans and the assistance that comes with them. Ask for the main program and the first-time version side by side.
800.227.4960, HIP@housing.nv.gov · homeispossiblenv.org
- 3
Check Clark County's first-time limits
Nevada Housing Division
As of June 15, 2026, Clark County's first-time program allows a $566,354 price, with income limits of $105,500 (households of 1–2) and $121,325 (3+); some areas carry higher limits.
- 4
Ask a member bank about WISH
An FHLBank San Francisco member bank
Nevada falls within FHLBank San Francisco's district. A member bank enrolls households within 80% of AMI and reserves the grant before 5:00 pm Pacific on March 12, 2027.
- 5
Review the county land trust's rules
Clark County Community Housing Office
The Welcome Home Community Land Trust serves households of two or more under 80% or 100% of AMI with 640 credit, 3% down from savings or a gift, and no ownership in five years.
Local details matter
Buying considerations in Las Vegas
Return the 3% tax cap postcard
Nevada caps yearly tax increases at 3% on a primary residence, but recording your deed removes the prior owner's abatement. Sign and return the Assessor's postcard to keep the cap; non-owner-occupied homes get up to 8%.
Flash floods outside mapped zones
Homeowners policies don't pay for flooding, and the Regional Flood Control District notes that 20 to 25 percent of flood insurance claims come from outside high-risk zones, so price a policy even off the map.
Price caps leave room here
Clark County's $566,354 first-time cap runs $138,454 above the $427,900 median, and the main program's $832,750 cap is higher still, so price rarely blocks a Las Vegas buyer.
A lighter tax bill than California
Census reports a $2,065 median annual tax bill for Las Vegas owners, roughly 0.48% of value, and half the city's homes went up in 1994 or later.
If local funding isn't available
Las Vegas city government has no purchase-assistance loan on offer, and Clark County's land trust posts buyer rules rather than an open purchase loan. Buyers can still investigate these state, bank, county and federal options.
Nevada Home Is Possible
The Housing Division's three options cover most Las Vegas buyers: 5% of loan value with no first-time rule, 4% interest-free for new owners under Clark County limits, and $7,500 for public school classroom teachers through 2026.
FHLBank WISH grant
Nevada banks that belong to FHLBank San Francisco can reserve WISH matches, four grant dollars per dollar saved and $32,837 at most, until March 12, 2027, once a lower-income buyer completes counseling.
Welcome Home Community Land Trust
Clark County's land trust sells homes to households of two or more under 80% or 100% of AMI; buyers need 640 credit, under $60,000 in assets and 3% down from savings or a gift.
Federal low-down loans
FHA asks 3.5% down, VA lends with nothing down to qualifying veterans, active-duty members and surviving spouses, and HomeReady or Home Possible accept 3% from lower-income Las Vegas borrowers.
Frequently Asked Questions
Is there a Las Vegas city program for down payments?+−
Should a first-time buyer choose Home Is Possible or the first-time version?+−
How much cash closes a median-value Las Vegas house?+−
Who counts as a teacher for Nevada's $7,500 award?+−
Will my property tax jump after I buy in Las Vegas?+−
Do I need flood insurance if my Las Vegas home isn't in a flood zone?+−
Buying elsewhere in Nevada? Compare all Nevada home buyer programs →
Sources
Last verified October 21, 2026.
- U.S. Census Bureau: Las Vegas city, Nevada profile (ACS 2020-2024 5-year)
- Nevada Housing Division: Home Is Possible
- Nevada Housing Division: Home Is Possible for First-Time Homebuyers
- Nevada Housing Division: First-time income and price limits (June 15, 2026)
- Nevada Housing Division: Home Is Possible for Teachers
- FHLBank San Francisco: 2026 WISH program webinar (March 2026)
- Clark County Community Housing Office: Welcome Home CLT requirements
- Clark County: Tax abatement (3% cap) information
- Clark County Regional Flood Control District: Flood insurance myths and facts