Nevada closing costs typically range from 2% to 5% of your home's purchase price. For veterans using VA loans, understanding these costs—and how to reduce them—can save thousands of dollars at closing.
Based on Nevada's median home price, here's what veterans typically pay in closing costs across major metro areas.
Median home price: $450,000
2% of purchase price
Median home price: $520,000
2% of purchase price
Median home price: $475,000
2% of purchase price
VA loan advantage
Unlike conventional loans, VA loans don't require private mortgage insurance (PMI), which can save you $100-300 per month. While you'll pay a one-time VA funding fee, your overall monthly costs are typically lower.
Here's every fee you'll encounter when closing on a home in Nevada with a VA loan, including who typically pays each cost.
Origination fee (if any)
Lender's fee for processing your loan
Underwriting fee
Fee to review and approve your loan
Credit report
Pulling your credit from all 3 bureaus
Flood certification
Determines if property is in flood zone
VA funding fee
One-time fee (can be financed into loan)
VA appraisal
Required VA property appraisal
Title search & insurance
Protects against ownership disputes
Escrow/closing fee
Third-party handling of transaction
Home inspection
Optional but highly recommended
Pest inspection (termites)
Required in Nevada for VA loans
Survey (if required)
Property boundary verification
Homeowners insurance (1 year)
Required first year premium
Property taxes (2-6 months)
Prepaid taxes for escrow account
Prepaid interest
Interest from closing to month-end
HOA fees (if applicable)
Prepaid homeowners association dues
Recording fees
County deed & mortgage recording
Transfer taxes
Nevada real property transfer tax
Veterans have several strategies to lower their out-of-pocket costs at closing. Here are proven ways to save thousands of dollars.
VA loans allow sellers to pay up to 4% of the purchase price toward your closing costs. On a $450,000 home, that's up to $18,000 in savings.
Most effective strategy for VA buyers
Roll the 2.15%-3.3% VA funding fee into your loan instead of paying it upfront. This preserves your cash for other expenses.
Disabled veterans are exempt from this fee
While sellers typically pay title insurance in Nevada, if you're covering it, compare quotes from multiple title companies. Prices can vary by $500+.
Ask your lender for recommendations
Prepaid interest is charged from closing date to month-end. Closing on the 28th instead of the 1st can save $1,000+ in prepaid interest.
Simple timing strategy with big savings
Some VA lenders charge origination fees while others don't. Compare Loan Estimates from at least 3 lenders to find the best deal.
We offer competitive, transparent pricing
Bundling your homeowners and auto insurance can save 15-25% on your home insurance premium, reducing your prepaid insurance costs.
We can help you find competitive insurance
Without cost-saving strategies
$12,500
With cost-saving strategies
$2,825
Total savings: $9,675 (77% reduction in out-of-pocket costs)
Request a free, no-obligation Loan Estimate showing your exact closing costs for a Nevada VA loan. We'll break down every fee and show you how to save.
No hidden fees • Transparent pricing • Serving all of Nevada