Reno homeownership is within reach

FHA loans allow credit scores as low as 580 with 3.5% down, or 500 with 10% down. Conventional loans typically require 620+, while VA loans don't have a strict minimum but most lenders prefer 580-620+. We work with all credit profiles and can help you improve your score if needed.

It depends on your loan type. FHA loans require just 3.5% down ($18,000 on a $515K median Reno home). Conventional loans can start at 3% down for qualified buyers. VA loans offer 0% down for eligible veterans. We'll help you choose the option that fits your budget.

Yes! Reno offers more affordable housing than California cities, no state income tax, strong job growth (Tesla, tech companies), and great quality of life. First-time buyer programs like FHA loans with 3.5% down and Nevada Housing Division assistance make it accessible. Plus, Lake Tahoe is your backyard.

Northwest Reno is very popular for families due to highly-rated schools, newer construction, and safe neighborhoods. Somersett offers master-planned living with great schools and amenities. South Meadows is also family-friendly with newer homes and shopping nearby. Old Southwest has character homes near top-rated schools close to UNR.

Most Reno closings take 30-45 days from accepted offer to keys. With complete documentation and pre-approval, we can sometimes close in 21-30 days. Reno's competitive market means speed matters—getting pre-approved before house hunting gives you an edge with sellers.

While you can use any lender, local Reno lenders like Valley West understand Northern Nevada's unique market, have relationships with local real estate agents and title companies, and can close faster. We're also easier to reach when you have questions—no 1-800 number or automated systems.

Yes, many single-income buyers qualify in Reno. With the median home at $515K, you'd need roughly $90-100K annual income for comfortable qualification (depending on debts and credit). Starter homes and condos in the $350-450K range require less. FHA loans with low down payments help make homeownership accessible.

Washoe County property tax rates are around 0.84% of assessed value, which is moderate compared to national averages. On a $515K Reno home, expect roughly $4,300/year in property taxes. Nevada caps property tax increases at 3% per year, providing predictability. Remember—no state income tax offsets this cost significantly.