What are todays FHA loan rates?

As of March 2026, FHA 30-year fixed rates start at 5.750% and FHA 15-year fixed rates start at 5.500%.

Are FHA rates lower than conventional?

Yes. FHA rates are typically 0.25-0.50% lower than conventional rates due to the FHA guaranty reducing lender risk.

QUICK ANSWER — FHA requires 3.5% down with 580+ credit or 10% with 500-579 credit. 100% of the down payment can come from gift funds. Nevada Housing Division offers up to 5% down payment assistance. Seller can pay up to 6% of closing costs. On a $435K Las Vegas home, the minimum cash needed is approximately $15,225.

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FHA Down Payment Guide

Just 3.5% down — $15,225 on a $435K Las Vegas home. Gift funds, down payment assistance, and seller concessions can reduce your cash needed to nearly $0.

Check What You Qualify For → (702) 696-9900

DOWN PAYMENT

How Much Do You Actually Need?

$12,250

$350K Home

3.5% down · Popular in North LV

$15,225

$435K Home

3.5% down · Las Vegas median

$18,652

$532.9K Home

3.5% down · FHA limit

ASSISTANCE

Ways to Reduce Your Cash Needed

Gift Funds — 100% Allowed

Your entire down payment can come from a family member, employer, labor union, or charitable organization. A gift letter is required but the process is simple.

Nevada Housing Division — Up to 5%

Nevada offers down payment assistance of up to 5% of the purchase price for qualified buyers. This can cover your entire 3.5% FHA down payment and part of closing costs.

Seller Concessions — Up to 6%

The seller can pay up to 6% of the purchase price toward your closing costs. On a $435K home, that is up to $26,100 — potentially covering all your out-of-pocket costs.

Clark County HOME Program

Clark County offers HOME program grants for first-time buyers meeting income guidelines. Combined with FHA, this can result in near-zero cash needed at closing.

FAQ

Questions? Answered.

3.5% of the purchase price with a 580+ credit score, or 10% with a 500-579 score. On a $435,000 Las Vegas home, 3.5% is $15,225.

Yes. FHA allows 100% of your down payment to come from gift funds. Acceptable sources include family members, employers, labor unions, charitable organizations, and government agencies. A signed gift letter is required.

Yes. The Nevada Housing Division offers up to 5% of the purchase price in down payment assistance for qualified buyers. Clark County also has HOME program grants. These programs can cover your entire FHA down payment.

Yes. FHA allows the seller to contribute up to 6% of the purchase price toward buyer closing costs. On a $435K home, that is up to $26,100. Valley West Mortgage helps structure offers to maximize seller concessions.

FHA does not require cash reserves for 1-2 unit properties. For 3-4 unit properties, 3 months of reserves are required. Having reserves can help with approval if your DTI is borderline.