Greater Nevada Mortgage

According to Redfin, home prices in Nevada were up 9.7 percent year-over-year in February 2024. At the same time, the number of homes for sale in the state fell by 20.8 percent. While home prices are on the rise, the supply of homes for sale is not meeting demand, creating what is considered a “tight” housing market across the Silver State.

For 20 Nevada homebuyers, homeownership became a reality with the Middle-Income Down Payment Assistance program offered since May through Greater Nevada Mortgage, a subsidiary of Greater Nevada Credit Union.

The pilot program, made possible by the Federal Home Loan Bank, offered a small number of financial institutions, including GNCU, up to $1 million to disperse among qualifying middle-income homebuyers. Those eligible could receive $50,000 towards closing costs and down payment assistance on their first home.

Buying a home is never a small endeavor. With so much information out there, many people may not be able to tell fact from fiction. Lending experts at Greater Nevada Mortgage recently shared the top myths they hear and offered advice for where people can get the most accurate information before starting their home buying journey.

Through the Greater Nevada Mortgage (GNM) Keys to Greater program, a portion of the revenue from every new mortgage or refinanced mortgage funded through GNM in 2021 was donated to the Eddy House. With the help of almost 2,000 mortgage clients, GNM contributed a total of $119,300 last year; this donation helped meet the needs of nearly 12,000 client visits to the Eddy House in 2021.

Greater Nevada Credit Union teamed up with local chef and entrepreneur, Mark Estee, ZLine Kitchen and Bath, and Reno Food Systems, for the Art of Barbecuing, an event held Wednesday, June 16, 2021, to help local youth residents at the Eddy House.

Greater Nevada Credit Union’s passion for Helping More People Live Greater goes beyond the financial services and products that we offer. We also take pride in supporting our local communities and organizations throughout the year.

Greater Nevada Credit Union, a Carson City-based credit union serving northern Nevada, contributes $25,000 as the first corporate sponsor and financial institution to the Audacity Fund Reno, which provides funding, education and support to local business owners from underserved populations.

CARSON CITY — To assist with disaster relief during this devastating fire season, Greater Nevada Credit Union has donated $30,000 to three different credit unions coordinating relief efforts in California and Oregon. Rogue Credit Union Foundation in Medford, Ore.; Redwood Credit Union Community Fund in Santa Rosa, Calif.; and Sierra Central Credit Union in Yuba City, Calif. will each receive $10,000 to assist with ongoing relief efforts.

The first USDA Business and Industry CARES Act loan, intended to protect America’s small farms and businesses amidst the COVID-19 pandemic, went to an aquaculture farm in Iowa and was brokered by Carson City-based Greater Commercial Lending (GCL). These CARES Act loans provide working capital to help rural businesses prevent, prepare for or respond to the effects of the coronavirus pandemic.

Greater Nevada Credit Union has awarded 31 Nevada students with scholarships to continue their academic pursuits through the GNCU Scholarship Program. $22,000 went to eleven students from the Carson City area.

Greater Commercial Lending (GCL) continues to accept applications for the Paycheck Protection Program (PPP), authorized by the U.S. Small Business Administration (SBA) as a result of the recently enacted Coronavirus Aid, Relief and Economic Security Act (CARES Act). The company is one of the earliest business lenders to fully adopt the PPP in the State of Nevada since opening applications on Friday, April 3. By mid-day on Monday, April 6, over 400 Nevada businesses had submitted applications to GCL.

With some help from the Ghost of Mark Twain, Carson City Chamber of Commerce celebrated its accomplishments for the year at their annual meeting Thursday evening at The Martin Hotel Restaurant.

New leaders from all walks of life will be honored for the time they spent over the past 9 months learning about Carson City during the 2019 Leadership Institute Class Graduation, the 30th graduation to date.

The Carson City Band Association will host its third annual night of music, food, and fun to raise funds for Carson High School band programs. Guests will be treated with an intimate evening of performances from talented musicians from Carson High and the community.

Greater Nevada Credit Union (GNCU) has partnered once again with the Reno Aces and Reno 1868 FC to help provide toys for the holidays to charitable organizations in Carson City.

Seventeen current and future leaders assembled at the Chamber on Thursday to begin their leadership journey.

Over the next 8 months, the class will be hosted by the Sheriff, Parks & Recreation, Public Works, Carson High School, Western Nevada College and more as they take the behind the scenes tours of Carson City.

Dawnyel Ray has been named the new Branch Manager of Greater Nevada Credit Union’s (GNCU) Dayton Branch located at 555 U.S. Highway 50 East, Dayton.

Ray joins GNCU with more than seven years of banking experience, including previous roles as an assistant branch manager and a personal banker. She also has six years of management experience within the car rental business.

“I am looking forward to the opportunity to strengthen and grow our relationships in the Dayton community and to help my new team inspire one another,” Ray said.

On June 21, the Carson City Leadership Institute Class of 2018 graduated at the Chamber’s Annual Meeting.

The Carson City Senior Center rolled out the welcome mat for its newly refreshed lobby and reception area in a celebration on Tuesday, June 5.

Greater Nevada Credit Union (GNCU) has named Rachel Clerico as its Marketing Manager.

CARSON CITY — Greater Nevada Credit Union recently received the Editor's Choice award from BadCredit.org for its commitment to financial education through proactive outreach.

The Carson City Chamber Leadership Institute class of 2018 is reaching out to Carson City community members and businesses to sponsor the lobby renovation of the Carson City Senior Center.

The 29th Carson City Chamber Leadership Institute Class of 2018 is off and running and will be learning about our city for the next 8 months.

Simmons also served as a past Board member of The Young Business Professionals in Carson City, and the Carson City Chamber of Commerce ...

Greater Nevada Mortgage has promoted Eva Simmons from Loss Mitigation Supervisor to Mortgage Funding Manager. She will be located in Carson City.

Jennifer Morrison has rejoined the Greater Nevada Mortgage (GNM) team to work with homebuyers and real estate professionals in Carson City, and the Washoe and Douglas County areas. Her office is located inside of the Greater Nevada Mortgage office at 4070 Silver Sage Drive in Carson City.

Beginning Oct. 3, most mortgage transactions will be required to be completed on new disclosure forms created by the Consumer Financial Protection Bureau. The new forms – the Loan Estimate and Closing Disclosure – have been designed to improve consumer understanding of the mortgage process sooner, assist consumers with comparison shopping, and prevent unexpected issues at the time of closing.

USDA Rural Development and its two close housing partners, Nevada Housing Division and the Nevada Rural Housing Authority on Tuesday celebrated National Homeownership Month with a "Power Hour" to brief real estate professionals on the changes in real estate law resulting from the 2015 Nevada State Legislature and to honor their work to leverage homeownership across the state.

USDA Rural Development and its two close housing partners, Nevada Housing Division and the Nevada Rural Housing Authority on Tuesday celebrated National Homeownership Month with a "Power Hour" to brief real estate professionals on the changes in real estate law resulting from the 2015 Nevada State Legislature and to honor their work to leverage homeownership across the state.

Greater Nevada Mortgage (GNM) has named James Anderson as its new Executive Vice President of Mortgage Lending. Anderson will lead GNM’s strategic initiatives and oversee sales, servicing, operations, and secondary marketing, as well as the relationship with parent company, Greater Nevada Credit Union.