Yes: in Nevada, mortgage loan officers need a state license issued by the Nevada Division of Mortgage Lending (NRS 645B). You can check a name yourself on Search Licensees (Division of Mortgage Lending).
Mortgage loan officers in Nevada: what buyers ask
What first-time buyer programs does Nevada offer?
In Nevada, the Nevada Housing Division's Home Is Possible programs give up to 4% of the loan amount for down payment and closing costs to first-time buyers and up to 5% to buyers who are not first-time, as a no-interest second mortgage. Teachers can get $7,500 and essential workers $20,000.
What does an FHA loan require?
FHA loans need 3.5% down with a 580 credit score. Upfront mortgage insurance is 1.75% and the annual premium is 0.55% at 96.5% LTV.
Check a mortgage loan officer yourself
- License required · Nevada Division of Mortgage Lending (NRS 645B)
- Titles you will see: Mortgage loan originator
- Check a name yourself: Search Licensees (Division of Mortgage Lending)
The 10 sectors of Las Vegas
ZIP 89108 · ZIP 89117 · ZIP 89129 · ZIP 89131 · ZIP 89149 · ZIP 89101 · ZIP 89128 · ZIP 89107 · ZIP 89102 · ZIP 89130