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Down Payment Assistance in Las Vegas

Two FHA purchase options. More paths to homeownership.

Qualified buyers may be eligible for 3.5% or 5% down payment assistance with an FHA purchase loan. Depending on the option, the assistance may be structured as a repayable second mortgage or a 0% second mortgage that may be forgiven after a required period.

Community Access Lending can help you compare the options and understand the payment, cash-to-close, and repayment terms before you decide.



Featured DPA option

This option may be a fit for buyers who qualify through automated underwriting and want a shorter forgiveness period.

  • Assistance: 3.5% or 5%
  • Repayable option: 10-year term, with a rate 1% above the first mortgage rate
  • Potentially forgivable option: 0% interest, no monthly payment, and potential forgiveness after 3 years if program conditions are met
  • Credit: Minimum 600 with automated underwriting approval
  • Homebuyer education: Required for credit scores from 600 to 639
  • Manual underwriting: Not permitted
  • Income limits: None listed in the program comparison

Traditional National DPA

This option also offers repayable and potentially forgivable assistance, with different qualification and forgiveness terms.

  • Assistance: 3.5% or 5%
  • Repayable option: 10-year term, with a rate generally 2% above the first mortgage rate
  • Potentially forgivable option: 0% interest, no monthly payment, and potential forgiveness after 10 years if program conditions are met
  • Credit: Minimum 600 with automated underwriting approval; 660 for manual underwriting
  • Homebuyer education: At least one borrower must complete an approved course
  • Manual underwriting: Available with a 660 credit score and a maximum 45% debt-to-income ratio
  • Income limits: None listed in the program comparison

Shared program features

Both options are for primary-residence purchases. Eligible property types listed in the comparison include single-family homes, two-unit properties, condos, and manufactured homes. Non-occupant co-borrowers are allowed under FHA guidelines. A temporary buydown may be available when paid for by the seller or real estate agent.

Depending on the option, the comparison shows maximum combined financing of 100% with 3.5% assistance or 101.5% with 5% assistance. Actual eligibility and terms depend on the full loan scenario.

Which option may fit you?

The featured option may shorten the potential forgiveness period from 10 years to 3 years while keeping a 600 minimum credit score path with automated underwriting approval. The right choice depends on your qualifications, monthly payment, cash-to-close, and whether you prefer a repayable or potentially forgivable second mortgage.

Send Joshua your buyer scenario. He can compare both options before you write the offer.

Call to action

Want to see which option may fit?
Complete the form, and Joshua will help you compare the payment, cash-to-close, and assistance terms.

Important note

Assistance may be repayable or forgivable depending on the option selected. Forgiveness is conditional and requires meeting all applicable program requirements. Program availability, rates, fees, credit approval, property eligibility, and underwriting requirements are subject to change. The featured DPA program is funded by a third-party wholesale lender; Community Access Lending is the mortgage broker. This is not a commitment to lend.