Nevada Housing Division has released a new Hero to Home program for 2015. If you are unfamiliar with this program it is designed to get First Time Buyer Veterans into housing at a reduced fixed interest rate.
We are very proud to announce the Home is Possible for Heroes (HiP-H) program which will launch on December 1, 2014 and will
be replacing the former Hero to Home program.
Home is Possible for Heroes (HiP-H) in summary will:
- Offer a below market 30-year fixed mortgage interest rate
- No first time homebuyer requirement
- Be available for:
- Veterans who have been honorably discharged
- Those serving on Active Duty
- National Guard service personnel
- Home being purchased must be primary residence
- Home is Possible for Heroes can be combined with the Mortgage Tax Credit program to provide even more savings for the homebuyer
- Income limit of $95,500
- Based on income from the mortgage application
- Maximum purchase price of $400,000
- The program is available statewide
- eHousingPlus is the program administrator
- Minimum credit score of 640 for government insured loans, 660 for manufactured housing
- Must meet normal government underwriting requirements
- This product does not include down payment assistance
- This product is not eligible for use with conventional loans
Laura Moline is a multi-award winning Realtor with RE/MAX Realty Affiliates – Gardnerville, and is proud to serve Northern Nevada, including the Reno-Tahoe area, Carson City, Gardnerville, and Minden. Laura has consistently been recognized as a standout in her field, and was named
the 2015 top-producing agent in Nevada and the Southwest Region. Due to her 20 years of experience in the Real Estate market, Laura has a unique understanding of the challenges and frustrations inherent to the home buying and selling experience. Laura’s intuitive ability to understand her clients’ needs ensures that they will finish every transaction completely satisfied by not only the outcome, but by the process as well. 
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