WISH Grants

At Greater Nevada Mortgage, we want to offer the best information and resources to help you achieve your dream of owning your first home, and we believe a lower-than-average income shouldn’t be a barrier. Thanks to our select partnerships, there may be a grant program that can help.

By partnering with the Federal Home Loan Bank of San Francisco, Greater Nevada Mortgage is proud to offer first-time homebuyers access to federal down payment assistance programs like the Workforce Initiative Subsidy for Homeownership (WISH) program. This program is designed to support affordable and attainable homeownership for first-time buyers. WISH offers eligible borrowers matching grants of up to $22,000 in down payment assistance toward the purchase of their first home. These funds can be a valuable aid in your journey to purchasing your first home.

To be eligible for WISH funds, the homebuyer must:

• Have successfully completed a homebuyer counseling program.
• Be a first-time homebuyer, as defined by the Bank in its AHP Implementation Plan.
• Meet income eligibility guidelines, as published by the Bank at the time of enrollment in the WISH Program and be at or below 80% of the HUD area median income.
• Submit an application for Nevada and/or California properties.
• Qualify for membership with Greater Nevada Credit Union (which is open to anyone living or working in Nevada’s 17 counties, and members of their immediate family).
• Must open escrow on a home purchase transaction within one year of enrollment in the WISH program.

More information on this grant program can be found on the Federal Home Loan Bank of San Francisco’s website. If you’d like to learn more about WISH grants or other down payment assistance programs, you can contact us and one of our lending experts will be happy to help.