City of Minden – Teacher Home Buyer Programs

City of Minden is offering a program called Home is Possible for Teachers – developed by Nevada Housing Division. This program will benefit teachers in the City of Minden with down payment assistance when buying a home. The program pays up to $10,000 towards down payment and/or closing costs for K-12 public school teachers!

Benefits – City of Minden Teacher Home Down Payment Program

• HIP  is available for the City of Minden and statewide.
• No set requirement to be a first-time home buyer.
• $10,000 in bonus money usable toward down payment and closing costs. (forgivable after 5 years of continued occupancy).
• Can combine with the Mortgage Credit Certificate program.
• Lower monthly mortgage payments with fixed below market interest rates.

Requirements – City of Minden Teacher Home Down Payment Program

• available to licensed full-time K-12 public school teachers in the State of Nevada.
• Teachers credit score is at least 660.
• Teachers yearly salary must be below $95,500.
• Home purchase price below $400,000. Look at Minden homes for sale that will qualify for down payment assistance.
• Must live in home the home purchased in Minden as primary residence.
• Only for us with Government insured loans.
• Teacher meets standard underwriters requirements.
• Program fee of $675 (one-time).
• Funding limited to 300 teachers – Apply NOW!

Get Started! Complete the form below to see if you qualify for this program.

City of Minden Home Buyer Programs