Find the right mortgage for your Nevada home purchase. Compare VA, FHA, and Conventional loans to understand which program offers the best fit for your financial situation and homeownership goals.
Click on each program to learn more about eligibility, benefits, and requirements for Nevada homebuyers.
Zero down payment home loans for eligible veterans, active duty military, and surviving spouses.
Best For:
Veterans, active duty military, National Guard/Reserves members, and eligible surviving spouses
Low down payment loans insured by the Federal Housing Administration, ideal for first-time homebuyers.
Best For:
First-time homebuyers, those with limited down payment savings, or lower credit scores (580+)
Standard mortgage loans not insured by the government, ideal for borrowers with strong credit profiles.
Best For:
Borrowers with good-to-excellent credit (620+), stable income, and sufficient down payment savings
As an independent mortgage broker, we can compare options across multiple lenders to find competitive pricing for qualified borrowers. We'll explain your best path (VA, FHA, or Conventional) based on your goals, timeline, and financial profile.
Compare key features across all three loan programs to understand which is best for your situation.
| Feature |
VA Loans
Veterans & Military
|
FHA Loans
First-Time Buyers
|
Conventional
Strong Credit
|
|---|---|---|---|
| Minimum Down Payment |
0%
No down payment
|
3.5%
With 580+ credit
|
3%
Some programs
|
| Typical Credit Score |
580-620+
Flexible requirements
|
580+
500+ with 10% down
|
620+
Best rates at 740+
|
| Mortgage Insurance |
None
Funding fee instead
|
Required
Upfront + annual MIP
|
If < 20%
Can be removed
|
| Nevada Loan Limits |
No limit*
With full entitlement
|
$498,257
Clark & Washoe
|
$766,550
Conforming limit
|
| Property Types |
1-4 Units
Primary residence
|
1-4 Units
Primary residence
|
Any
Including investment
|
| Best Suited For |
Eligible veterans seeking zero down
|
First-time buyers with low savings
|
Strong credit & income profiles
|
*VA loan limits apply only to veterans without full entitlement. Most veterans with full entitlement can purchase homes above the conforming limit without a down payment, subject to lender and VA approval.
Use these scenarios to determine the best loan program for your situation.
As an independent broker, we'll analyze your situation and recommend the best program for your goals. We compare options across multiple lenders to find competitive pricing for qualified borrowers.