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Home buyer help · Nevada

Buying a home in Nevada: the help you may qualify for.

Down payment assistance, property tax exemptions and veteran benefits in Nevada, gathered from official state sources and explained in plain English. Every program has its own rules, so check with the agency before you count on it.

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Last checked November 11, 2026Sources state agencies

Down payment and closing cost help

From the Nevada Housing Division (Home Is Possible).

  • Home Is Possible

    Up to 5% of the loan

    No first-time buyer requirement, statewide, and manufactured homes are eligible. Income up to $165,000 and price up to $832,750.

  • Home First

    $15,000

    For the down payment, forgiven after three years in the home.

  • Home Is Possible for Heroes Military and heroes

    A program for veterans and military

    With VA and USDA loans; ask a participating lender for current terms.

Who qualifies: Credit score 640+ (660 for manufactured homes) and homebuyer education, through a participating lender.

Property tax exemptions and credits

Exemptions lower your home’s taxable value or your bill. Most aren’t automatic: you apply with your county assessor. Nevada’s official exemptions information.

For homeowners who live in the home

  • Primary residence tax cap

    Your tax can rise no more than 3% a year

    Owner-occupied homes get a lower cap on yearly tax increases than other property (3% instead of up to 8%).

    How to apply: Claim the primary residence abatement with your county assessor. (NRS 361.4723)

For veterans

  • Veteran and disabled veteran exemptions

    $2,000 of assessed value, or $10,000 to $20,000 if disabled

    Veterans can get an exemption (adjusted yearly for inflation); disabled veterans get more by rating, from 60% up. You can use only one of the two, in one county.

    How to apply: With your county assessor. (NRS 361.090, 361.091)

For surviving spouses and other situations

  • Surviving spouse and blind exemptions

    A partial exemption

    Nevada offers partial exemptions for surviving spouses and blind homeowners.

    How to apply: With your county assessor. (Nevada Department of Taxation)

Want to see which ones fit you? Answer a few questions in the property tax exemptions checker.

If you serve or served

  • VA home loan: available in every state, often with no down payment and no monthly mortgage insurance. You’ll need a Certificate of Eligibility. See VA home loans.
  • Home Is Possible for Heroes: A program for veterans and military. With VA and USDA loans; ask a participating lender for current terms.
  • Property tax: veterans in Nevada may qualify for Veteran and disabled veteran exemptions. See the details above.

Your next steps

  1. Work out a monthly cost you’re comfortable with in the home cost calculator. It also lists Nevada’s programs with the loans you may qualify for.
  2. Talk with a free or low-cost HUD-approved housing counselor. Find one near you.
  3. Ask each lender which of these programs they work with, and compare Loan Estimates from at least three.
  4. Follow the step-by-step home buyer’s guide from budget to keys.

Common questions

Does Nevada have down payment help for home buyers?

Yes. Programs from the Nevada Housing Division (Home Is Possible) include Home Is Possible, Home First, Home Is Possible for Heroes. Credit score 640+ (660 for manufactured homes) and homebuyer education, through a participating lender. Funding and rules change often, so check with the agency or a participating lender.

Does Nevada have a homestead or property tax exemption for homeowners?

Yes. Homeowners who live in the home may qualify for: Primary residence tax cap. Apply with your county assessor; most exemptions aren't automatic.

Is there help for veterans buying a home in Nevada?

VA home loans are available in every state, often with no down payment. Nevada also has a program with benefits for military, veterans or other public servants: Home Is Possible for Heroes. Veterans may also qualify for property tax benefits such as Veteran and disabled veteran exemptions.

Sources: Nevada Housing Division (Home Is Possible) and Nevada’s property tax office, linked above. Last checked November 11, 2026. Programs, amounts, income limits and funding change often, sometimes every year. Know Before You Own doesn’t recommend lenders or take referral fees. This page is general education, not legal, tax or lending advice. See other states.