There is a limited supply of the loans offered to teachers specifically. If you know a teacher looking to buy - now would be a great time to get them started!
Teachers Key Benefits:
$10,000 in bonus money
Usable for down payment and closing costs
Forgivable after five years (if you stay in your home)
Below-market fixed interest rate 30-year loan
Statewide program
No first-time homebuyer requirement
Can be combined with the Mortgage Credit Certificate (MCC) program with program fees discounted

Teachers Program Requirements:
Must be a licensed full-time K-12 public school teacher in Nevada
Qualifying income below $95,500
Home price below $400,000
Minimum credit score of 660
Government insured loans only (no conventional loans)
Teacher must live in home as primary residence
Homebuyer education course required
Must meet standard underwriting requirements
One-time fee of $675 on below-market fixed interest rate first mortgage
Required to record a second mortgage and pay associated fees
Funding amount available for 300 teachers, provided on a first come, first served basis



If you're a veteran who has been honorably discharged, are in the National Guard, are a surviving spouse or you're on active military duty, Home Is Possible For Heroes was made specifically for you.

Heroes Key Benefits:
Below-market fixed interest rate 30-year loan
Reduces monthly mortgage payment
No first-time homebuyer requirement
Can be combined with the Mortgage Credit Certificate (MCC) with program fees waived
Statewide program

Heroes Program Requirements:
Qualifying income must be below $95,500
Home price below $400,000
Government issued loans only (no conventional loans)
Minimum credit score of 640
Homebuyer must live in home as primary residence
Homebuyer education course required
Must meet standard underwriting requirements
One-time fee of $675



Approved Reno Lenders that I Know and Trust

Brian Cushing
(775) 813-9911 
brian@thecushingteam.com

Kevin Cavalli 
(775) 722-1323 
kcavalli@summitfunding.net

Kelly Richmond 
775-219-6413