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You are here: Home / Local Programs / City Programs / City of Fallon Programs / Veteran Home Buyer Programs (Fallon)

City of Fallon – Veterans Home Buyer Programs

The City of Fallon gives their veterans the ability to obtain home-ownership with the State of Nevada’s Home is Possible for Heroes (HIP-H) offered through the Nevada Housing Division! This program helps qualified veterans receive down payment assistance and low finance rates on home purchases.

Benefits – City of Fallon Veterans Housing Down Payment Assistance

  • Below market interest rates on 30 year loans.
  • Reduced mortgage payments.
  • All Home is Possible fees waived.
  • Available in City of Fallon and entire state of Nevada.
  • Can combine the Veteran Program with the MCC – Mortgage Credit Certificate.
  • No requirement to be a first time home buyer.
  • Manufactured housing loans are now obtainable for government loans.

Requirements – City of Fallon Veterans Housing Down Payment Assistance

  • You must be a veteran, in active military, surviving spouse, or National Guard member.
  • Home purchase price must be under $400,000. Check out the City of Fallon home listings that will qualify for assistance.
  • Your credit score is at least 640.
  • You must occupy purchased home as a primary residence.
  • For use with Government issued loans as in: USDA RD (United Stated Department of Agriculture – Rural Development), FHA (Federal Housing Administration) or VA (Veterans Administration) loans.
  • Veterans annual salary is a max of $95,500.
  • Meets minimum requirements of loan underwriting.
  • Attend  required home buyer course.

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


City of Fallon Home Buyer Programs

First Time Home Buyer
Teacher Programs
Military Programs
Income Tax Credits
Veteran Programs

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