Unlock Your Dream Home with CCCU's First-Time Buyer Programs

Purchasing your first home is a monumental milestone, often filled with excitement and a fair share of anxiety. As you go through the process, remember that CCCU has various first-time home buyer programs available that can help you get into your dream home faster than you think.  

First time home buyer programs offered by CCCU in Las Vegas, NV

Middle-Income Downpayment Assistance Grant Program

As an official partner of Federal Home Loan Bank in San Francisco, CCCU is offering The Middle-Income Downpayment Assistance Program tailored for home buyers whose earnings are between 80% to 140% of the area median income (AMI). Eligible homebuyers who contribute a minimum of $10,000 could qualify for a grant of up to $50,000 to apply towards the downpayment and closing costs, helping to lower your monthly mortgage payments and achieve your dream of owning a home.

Eligibility requirements:

  • Contribute a minimum of $10,000 toward the down payment and closing costs.
  • Apply for a mortgage loan from CCCU and meet the underwriting standards.
  • Complete an approved homebuyer education and counseling program.

Funds are limited so act fast! See our website for complete requirements.

Home is Possible Program

The Home is Possible Program is one of the most popular initiatives at CCCU, designed to make homeownership more affordable by offering an interest-free down payment assistance program of up to 4% of your total loan amount, allowing you to use the funds towards a down payment and closing costs.

Eligibility requirements:

  • Be a first-time homebuyer (have not owned a home in the past 3 years).
  • Have a maximum purchase price and income limits by county (Government Loans).
  • Have a minimum credit score of 640.
  • Maximum debt ratio up to 50% based on credit score and loan type (talk to CCCU about the guidelines).
  • Live in the home as a primary residence.
  • Meet standard underwriting requirements.
  • Complete the homebuyer education course.

WISH Program                 

The Workforce Initiative Subsidy for Homeownership (WISH) Program is an exceptional opportunity for first-time homebuyers, particularly for those at or below 80% of the HUD area median income. This program provides a 4-to-1 matching grant, making the path to homeownership more achievable.

Eligibility requirements:

  • Have completed a first-time home buyer counseling program.
  • Be a first-time homebuyer, as defined by CCCU.
  • Meet income eligibility guidelines, at the time of enrollment in the WISH Program.

Join First Time Home Buyer Programs at CCCU!

Our first-time home buyer programs are designed to reduce the financial stress associated with homebuying, making it more accessible for first-time homebuyers. Our Mortgage Team will work closely with you to ensure you get the best mortgage loan and program that fits your goals and needs. To view the full eligibility requirements for each program, please visit the Mortgage Loans webpage or call our Mortgage Team at 702-228-2228 with your questions or concerns.

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