Home loan
Greater Nevada Mortgage grants middle-income homebuyers $50,000 for down payment and closing costs
Submitted by Carson Now Reader on Wed, 09/20/2023 - 3:45pmFor 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.
Carson City's Richards Crossing residents receive gift giveaway from Red Hat Society
Submitted by Jeff Munson on Wed, 12/11/2019 - 12:06pmThe Red Hat Society delivered warm bedding and clothing to each of the residents at Richards Crossing in Carson City last week. A local chapter of the Red Hat Society named the “Classy Sassy Bear Ladies” organized a Christmas gift giveaway for the residents. The giveaway, for which planning started over the summer, collected homemade and donated blankets, scarves and socks.
Free class for homebuyers offered this Saturday at Western Nevada College
Submitted by Carson Now Reader on Wed, 03/13/2019 - 11:59amThere will be a free home buying class offered this Saturday at Western Nevada College in Carson City. Open to all, visit with local realtors, loan officer, credit specialist, title and escrow, home warranty and insurance agents. You will get all your questions answered.
Carson City veterans, homeless housing facility receive generous community partner donations
Submitted by editor on Mon, 01/15/2018 - 12:46pmResidents of Carson City’s Richards Crossing, a housing, on-the-job training and resource facility for veterans, homeless and extremely low-income individuals, were delighted and surprised by the generous holiday gifts given to them by a number of organizations.
USDA Rural Development invests $188 million for rural Nevada in 2016
Submitted by Brett Fisher on Fri, 12/02/2016 - 2:36pmThe United States Department of Agriculture (USDA) Rural Development invested more than $188 million in federal fiscal year 2016 (October-September) to support housing, community facilities, water systems and businesses in rural Nevada.
USDA Rural Development invests $188 million in rural Nevada in 2016
Submitted by admin on Fri, 12/02/2016 - 1:34pmNearly all of Nevada is eligible for the very popular home loan programs, with the exception of metropolitan Carson City, Washoe and Clark counties.
USDA Housing Program Holds Open House Friday
Submitted by editor on Tue, 09/20/2016 - 1:48pmPlease join USDA Rural Development Nevada State Director Sarah Adler in welcoming our new Guaranteed Home Loan Program staff members Ticia Weare and Debbie Parra at an Open House on Friday, September 23, at the Carson City State Office, 1390 S. Curry Street from 9:00 to 11:00 a.m.
First-Time Home Buyer Programs Help Make Dreams Come True
Submitted by Carson Now Reader on Wed, 11/04/2015 - 3:08amThe entrance of companies like Tesla and Switch into Nevada means great things for the local economy. What they also mean are raising housing prices, as more and more people move into the Silver State, creating a housing shortage. This is good news for existing homeowners, but concerning for first-time homebuyers.
According to the Reno Gazette-Journal, “In January 2012, the median price for a home in northern Nevada was around $135,000. More than two and a half years later, home values have jumped by about 85 percent.”
USDA Home Loans Help Rural Nevadans Find Their Way Home
Submitted by Carson Now Reader on Wed, 10/28/2015 - 6:16amHousing prices are rising throughout Nevada, which means rental prices are going up as well. As the housing supply continues to try to catch up with demand, this upward trend promises to continue.
New Disclosure Forms, Created by the Consumer Financial Protection Bureau, Required on All Mortgages Starting in October
Submitted by Carson Now Reader on Fri, 09/25/2015 - 10:34amBeginning 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.
What to consider when looking for a house to rent in Carson City, Minden or Dayton
Submitted by Carson Now Reader on Fri, 09/25/2015 - 12:00amBe smart before choosing a home to rent to save money — and improve peace of mind down the road. With Northern Nevada’s housing market tightening up, and rents rising, it’s going to become even more critical to be strategic when looking for a House to rent in Carson City, Minden or Dayton.
Here are just a few items to consider in your search for a house to rent.
USDA and Housing Partners Celebrate National Ownership Month with 'Power Hour'
Submitted by Carson Now Reader on Wed, 07/08/2015 - 5:23pmUSDA 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.
Agencies collaborate to leverage homeownership in Nevada
Submitted by editor on Tue, 06/30/2015 - 2:44amUSDA 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 program Invests $987 million in rural Nevada loans since 2009
Submitted by editor on Fri, 11/14/2014 - 3:48pmMore than $161 million was invested in rural Nevada in 2014 by the Department of Agriculture's Rural Development agency to support housing, business and community facilities. Since 2009, the rural agency has provided more than $987 million to strengthen rural Nevada’s families and communities.
First-time homebuyers grants available through Nevada Rural Housing Authority
Submitted by Jeff Munson on Sat, 01/04/2014 - 6:41amThe Nevada Rural Housing Authority has 2013 Workforce Initiative Subsidy for Homeownership funds available to help first-time homebuyers with the necessary down payment to get into a home of their own, but they must be in contract by March 31, 2014.
In Carson City, the income limits are slightly higher and in Lyon and Churchill counties, they are slightly lower. Income limits can be found here.
Carson City Demonstrators to President Obama: Fire Ed DeMarco and Help Millions of Homeowners
Submitted by Carson Now Reader on Wed, 03/14/2012 - 8:47amEvent at Obama for America Campaign Office, March 15, at the Carson City Democratic Central Committee Headquarters
at 502 E. John Street (& Roop St.) behind Bank of America
On Thursday at Noon, Occupy Carson City demonstrators, MoveOn.org members and homeowners in crisis will rally at the local Obama for America (OFA) office in Carson City, NV to demand that government-controlled mortgage lenders Fannie Mae and Freddie Mac provide relief to ten million underwater homeowners by adjusting their mortgages to reflect the true value of their home.
State worker launches budget deficit plan, issues challenge to economists
Submitted by editor on Tue, 01/11/2011 - 5:11pmCarl Kuhl, a state Parole and Probation employee of six years, has created a plan that he claims will eliminate Nevada's budget deficit within two years.
In a news release issued on Tuesday, Kuhl said his plan not only will reduce the budget deficit but also help repair Nevada's economy at the same time. It is a pretty big claim, he admits, coming from an Accounting Assistant I, an entry level position.