How Much Down Payment Assistance Can You Get?

✍️ How Much Down Payment Assistance Can You Get?

For many aspiring homeowners, the biggest hurdle isn’t the monthly mortgage—it’s the upfront cost. That’s where down payment assistance (DPA) comes in. But just how much help is available?

Depending on the program, eligible buyers can receive anywhere from a few thousand dollars up to 5% of the loan amount—sometimes even more. In Nevada, programs like Home Is Possible (HIP) offer up to 4% of the loan amount to qualified buyers. Others, like those through local credit unions or first-time buyer incentives, may offer grants, deferred-payment loans, or even full down payment coverage in certain cases.

What it means for buyers:
Down payment assistance can make homeownership more attainable than most people think. If you're renting and assuming you need 20% down, you might be shocked to learn you could get into a home with as little as 0–3.5% down—and get help covering it.

What it means for sellers:
More eligible buyers = more demand. DPA programs expand the buyer pool, which is a positive for sellers looking for strong offers in a competitive market.

What it means for me as a Las Vegas real estate agent:
I’ve helped many clients take advantage of these programs to get into homes sooner and with less stress. I stay up-to-date on local DPA offerings and can help guide you through eligibility, paperwork, and the entire process.

If you're wondering whether you qualify or what options are available, let’s talk. You might be closer to homeownership than you think.