Down Payment Assistance Available

Your First Home in Las Vegas
Starts Here

Down payment assistance. Builder incentives. Expert guidance every step of the way.

Let's Make Homeownership Happen → (702) 744-2993

Featured Properties in Providence

Discover exceptional homes across all 27 Providence neighborhoods

View All Providence Homes

First-Time Buyer Financing Options

3.5%

FHA Loans

Only 3.5% down with credit scores as low as 580

2026 Limit: $498,257
0%

VA Loans

Zero down payment for eligible veterans & military

No PMI required
3%

Conventional

As low as 3% down with good credit (680+)

PMI removable at 20%

Down Payment Help

Nevada programs offer up to $15,000 in assistance

Income limits apply

Best Neighborhoods for First-Time Buyers

North Las Vegas

Best Value
$350K - $450K

Most affordable new construction in the valley. Growing rapidly with new schools, shopping, and infrastructure investments.

  • New construction from $350K
  • FHA-friendly pricing
  • Strong appreciation
Explore North Las Vegas →

Mountains Edge

Great Parks
$380K - $480K

Southwest Las Vegas with the valley's largest park. Great community feel, mountain views, and easy freeway access.

  • Exploration Peak Park
  • Mountain views
  • Family-friendly
Explore Mountains Edge →

Centennial Hills

Top Schools
$398K Median

Northwest Las Vegas near Centennial Hills Hospital. Excellent schools, family parks, and Red Rock Canyon proximity.

  • Highly-rated schools
  • Near outdoor recreation
  • Medical facilities nearby
Explore Centennial Hills →

New Construction Incentives

Las Vegas builders are offering incredible incentives that can make new homes more affordable than resale properties. These incentives are available NOW:

6%
Closing Cost Credits

Thousands toward your closing costs

4.99%
Rate Buydowns

Below-market interest rates

$50K
Free Upgrades

Design center credits included

Rent vs. Buy in Las Vegas

Renting: $1,800/month

  • • No equity building
  • • Rent increases each year
  • • No tax benefits
  • • Landlord controls your living situation
  • • After 5 years: $108,000 spent, $0 equity

Buying: $1,900/month*

  • • Building $600+/month in equity
  • • Payment stays mostly fixed
  • • Mortgage interest tax deduction
  • • Freedom to customize your home
  • • After 5 years: $36,000+ equity built

*Based on $400K home with 3.5% down, 6.5% rate

First-Time Buyer Timeline

1

Get Pre-Approved (1-3 days)

We connect you with trusted lenders who specialize in first-time buyers. Know exactly what you can afford before you start looking.

2

Find Your Home (2-8 weeks)

Dr. Jan shows you homes that fit your budget and wishlist. She'll explain what to look for and help you avoid common first-time buyer mistakes.

3

Make an Offer & Negotiate (1-5 days)

We craft a competitive offer and negotiate on your behalf. Dr. Jan's experience means you don't overpay and get favorable terms.

4

Inspections & Due Diligence (10-14 days)

Professional inspections ensure you know exactly what you're buying. We negotiate repairs or credits if issues are found.

5

Close & Get Your Keys (30-45 days total)

Sign the final paperwork, get your keys, and celebrate! You're officially a homeowner.

First-Time Buyer FAQs

Common questions about buying your first home in Las Vegas

FHA (3.5% down), VA (0% down for eligible veterans), conventional (3-20% down), and Nevada down payment assistance programs. Dr. Jan connects you with lenders who specialize in first-time buyer programs.

"Buying your first home is exciting AND overwhelming. My job is to make it less overwhelming. I walk first-time buyers through every step, explain everything in plain English, and make sure you're confident in your decision. As a Berkshire Hathaway HomeServices agent, I have resources and connections that independent agents simply don't have."
— Dr. Jan Duffy, Berkshire Hathaway HomeServices Nevada Properties

Ready to Stop Renting?

Let's talk about your options. Dr. Jan Duffy will help you understand what you can afford and create a plan to make homeownership happen.

Berkshire Hathaway HomeServices Nevada Properties

Last Updated: January 2026