Nevada Rural Housing Explained - $20K Down Payment Programs, AB540, and What Buyers Need to Know
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Nevada Rural Housing Explained - $20K Down Payment Programs, AB540, and What Buyers Need to Know
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About this listen
What if $20,000 could be the difference between continuing to rent and finally owning a home?
This week on Mortgage Matters, Roland Daniels and Heidi Griffith break down what’s really happening with housing in Nevada, including the $133 million AB540 housing bill and how it’s actually being used across the state.
They’re joined by Kevin Hickey, Homeownership Program Manager with Nevada Rural Housing, to walk through the programs that are helping buyers get into homes right now - including options offering up to $20,000 toward down payment, closing costs, or even lowering the interest rate.
They also clear up some of the biggest misconceptions around down payment programs, what it really means to be a first-time homebuyer, and why waiting for the “perfect” market could cost more than moving forward today.