Nevada Home is Possible Heroes: Veterans and Active Duty Military Loan Assistance

Todd and Oana talk about Home is Possible Heroes, which is a loan program for active duty military and veterans. Details are below.

Home is Possible for Heroes (veteran, active military)

Key Benefits:
Below-market fixed interest rate 30-year loan
Reduces monthly mortgage payment
No first-time homebuyer requirement
Statewide program
Program Requirements:
Borrower may not own other property at the time of closing
Qualifying income below $105,000
Home price below $548,250
VA or USDA loans only
Minimum credit score of 640 (680 for manufactured homes)
Homebuyer must live in home as primary residence
Homebuyer education course required
Must meet standard underwriting requirements
One-time fee of $755
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.…

Oana Sterlacci-Miller

Leave a Reply

Your email address will not be published. Required fields are marked *