Down Payment Assistance Available

Your First Home in Las Vegas
Starts Here

Down payment assistance. Builder incentives. Expert guidance every step of the way.

Let's Make Homeownership Happen → (702) 500-1942

First-Time Buyer Financing Options

3.5%

FHA Loans

Only 3.5% down with credit scores as low as 580

2026 Limit: $498,257
0%

VA Loans

Zero down payment for eligible veterans & military

No PMI required
3%

Conventional

As low as 3% down with good credit (680+)

PMI removable at 20%

Down Payment Help

Nevada programs offer up to $15,000 in assistance

Income limits apply

Best Neighborhoods for First-Time Buyers

North Las Vegas

Best Value
$350K - $450K

Most affordable new construction in the valley. Growing rapidly with new schools, shopping, and infrastructure investments.

  • New construction from $350K
  • FHA-friendly pricing
  • Strong appreciation
Explore North Las Vegas →

Mountains Edge

Great Parks
$380K - $480K

Southwest Las Vegas with the valley's largest park. Great community feel, mountain views, and easy freeway access.

  • Exploration Peak Park
  • Mountain views
  • Family-friendly
Explore Mountains Edge →

Centennial Hills

Top Schools
$398K Median

Northwest Las Vegas near Centennial Hills Hospital. Excellent schools, family parks, and Red Rock Canyon proximity.

  • Highly-rated schools
  • Near outdoor recreation
  • Medical facilities nearby
Explore Centennial Hills →

New Construction Incentives

Las Vegas builders are offering incredible incentives that can make new homes more affordable than resale properties. These incentives are available NOW:

6%
Closing Cost Credits

Thousands toward your closing costs

4.99%
Rate Buydowns

Below-market interest rates

$50K
Free Upgrades

Design center credits included

Rent vs. Buy in Las Vegas

Renting: $1,800/month

  • • No equity building
  • • Rent increases each year
  • • No tax benefits
  • • Landlord controls your living situation
  • • After 5 years: $108,000 spent, $0 equity

Buying: $1,900/month*

  • • Building $600+/month in equity
  • • Payment stays mostly fixed
  • • Mortgage interest tax deduction
  • • Freedom to customize your home
  • • After 5 years: $36,000+ equity built

*Based on $400K home with 3.5% down, 6.5% rate

First-Time Buyer Timeline

1

Get Pre-Approved (1-3 days)

We connect you with trusted lenders who specialize in first-time buyers. Know exactly what you can afford before you start looking.

2

Find Your Home (2-8 weeks)

Dr. Jan shows you homes that fit your budget and wishlist. She'll explain what to look for and help you avoid common first-time buyer mistakes.

3

Make an Offer & Negotiate (1-5 days)

We craft a competitive offer and negotiate on your behalf. Dr. Jan's experience means you don't overpay and get favorable terms.

4

Inspections & Due Diligence (10-14 days)

Professional inspections ensure you know exactly what you're buying. We negotiate repairs or credits if issues are found.

5

Close & Get Your Keys (30-45 days total)

Sign the final paperwork, get your keys, and celebrate! You're officially a homeowner.

First-Time Buyer FAQs

How much down payment do I need?

Down payment requirements vary: FHA loans require 3.5%, conventional can be as low as 3%, VA loans require 0% for eligible veterans. Nevada assistance programs can provide up to $15,000 for qualified buyers.

What credit score do I need?

FHA loans accept scores as low as 580 (3.5% down) or 500 (10% down). Conventional loans typically require 620+. Better scores mean better rates. Dr. Jan can connect you with lenders who work with all credit situations.

Do I pay for Dr. Jan's services as a buyer?

No! Buyer's agent services are typically free to buyers—the seller pays the commission. You get full professional representation from Berkshire Hathaway HomeServices at no cost to you.

Should I buy new construction or resale?

Both have advantages. New construction offers modern features, warranties, and current builder incentives. Resales may have established landscaping and lower HOA dues. Dr. Jan helps you weigh options based on your specific situation.

"Buying your first home is exciting AND overwhelming. My job is to make it less overwhelming. I walk first-time buyers through every step, explain everything in plain English, and make sure you're confident in your decision. As a Berkshire Hathaway HomeServices agent, I have resources and connections that independent agents simply don't have."
— Dr. Jan Duffy, Berkshire Hathaway HomeServices Nevada Properties

Ready to Stop Renting?

Let's talk about your options. Dr. Jan Duffy will help you understand what you can afford and create a plan to make homeownership happen.

Berkshire Hathaway HomeServices Nevada Properties

Last Updated: January 2026
First-time buyers · June 2026

First-time buyer advocacy & financing edge

Entry-level inventory is the tightest segment in Clark County (~2.8 months supply vs. luxury). First-time buyers need pre-underwriting, DPA programs, and concession negotiation—not portal alerts alone.

FHA 3.5%, conventional 3%, and Nevada down-payment assistance up to $15K can combine with seller concessions averaging near $7,800 when structured correctly.

Pre-Underwriting & Financing Edge

Go beyond pre-approval with lender partners who pre-underwrite—critical for homes under $500K where supply is tightest.

Entry-level inventory: ~2.8 months supply vs. 8.4 for luxury.

  • Local lenders
  • Appraisal-gap plans
  • FHA & VA guidance
Learn more

Buyer Advocacy & Concessions

Negotiate seller concessions, closing credits, and favorable terms in today's balanced market.

31% of closings include concessions averaging ~$7,800.

  • Concession strategy
  • Contract protection
  • MLS access
Learn more

New Construction Advocacy

Builder sales reps work for the builder. Register your agent on the first model-home visit—representation is free to you.

Fastest-growing service demand: buyers who need contract and upgrade negotiation.

  • Free representation
  • Upgrade negotiation
  • Contract review
Learn more
View all June 2026 services
First-time buyer

Your first Las Vegas home—step by step

Lender introductions, neighborhood fit, and offer strategy so you don’t overpay in a market that finally favors prepared buyers.

  • Pre-underwriting so your offer competes on homes under $500K
  • Down-payment assistance and builder incentive navigation
  • Contract protection from inspection through closing

First-time buyer consultation

No cost to buyers—commission typically paid by seller.

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