What are the FHA loan requirements in Nevada for 2025?

Nevada FHA loan requirements for 2025 include: 580 minimum credit score for 3.5% down (or 500 credit score with 10% down), maximum 50% debt-to-income ratio, 3.5% minimum down payment, steady employment history (2+ years), primary residence occupancy, property must meet FHA appraisal standards, and loan amount within Nevada county limits ($498,257-$571,950 depending on county).

Can I buy a house in Las Vegas with bad credit using FHA?

Yes, FHA loans in Las Vegas accept credit scores as low as 580 (3.5% down) or 500 (10% down). Many Nevada lenders offer manual underwriting for borrowers with non-traditional credit. If your credit score is below 580, work on improving it for 6-12 months before applying, or consider down payment assistance programs that may help compensate for lower credit.

What is the maximum FHA loan amount in Nevada?

2025 FHA loan limits in Nevada vary by county: Clark County (Las Vegas, Henderson) - $498,257; Washoe County (Reno, Sparks) - $571,950; Carson City - $571,950. Rural Nevada counties range from $498,257 to $571,950. Multi-unit properties have higher limits (2-unit: up to $638,100-$732,050; 3-unit: up to $771,450-$884,700; 4-unit: up to $958,350-$1,099,450).

How much money do I need upfront for an FHA loan in Nevada?

Typical upfront costs for Nevada FHA loans: 3.5% down payment ($14,000 on $400K home), 1.75% upfront MIP ($7,000 on $400K - can be financed), 2-5% closing costs ($8,000-$20,000 - sellers can contribute up to 6%). Total cash needed: $15,000-$25,000 out of pocket, though down payment assistance programs can reduce this significantly. Gift funds from family can cover 100% of down payment.

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Common Questions

FHA Loan Pre-Qualification FAQs

Quick answers about the FHA loan pre-qualification process in Nevada

FHA loans accept credit scores as low as 580 with just 3.5% down. If your score is between 500-579, you can still qualify with 10% down. This makes FHA loans ideal for Nevada first-time buyers working to improve their credit.

Just 3.5% down with a 580+ credit score. On a $400,000 Las Vegas home, that's only $14,000. Plus, 100% of your down payment can come from gift funds from family members, making homeownership even more accessible.

No! This pre-qualification questionnaire does not pull your credit and will not impact your score. We use the information you provide to give you an initial assessment. A formal credit check only happens when you're ready for full pre-approval.

This questionnaire takes just 2-4 minutes. After you submit, our Nevada FHA specialists review your information and contact you within 24 hours (often the same day!) to discuss your options. Full pre-approval typically takes 1-2 business days.

2025 Nevada FHA limits: Clark County (Las Vegas, Henderson) is $498,257. Washoe County (Reno, Sparks) is $571,950. These limits apply to single-family homes and cover most homes in Nevada markets.

Yes! FHA allows 100% of your down payment to come from gift funds from family members (parents, siblings, grandparents). This makes it easier for first-time Nevada buyers to achieve homeownership even with limited personal savings.

Yes! FHA allows you to buy 2-4 unit properties (duplex, triplex, fourplex) with just 3.5% down. You must live in one unit, but you can rent the others to help cover your mortgage—a strategy called "house hacking."

Here's what happens next:

Our Nevada FHA specialist reviews your answers
We contact you within 24 hours to discuss your options
We'll recommend the best FHA loan path for your situation
When you're ready, we start the formal pre-approval process
You'll get a pre-approval letter to start house hunting in Nevada!

There's no obligation, and we're here to guide you every step of the way.

Still have questions about FHA loans? We're here to help!

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