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Nellis AFB, NV

The Best Mortgage Lenders in Nellis AFB, NV

Compare verified mortgage lenders serving Nellis AFB, Nevada. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.

3
Top Lenders
4.7
Avg Rating
31+
Reviews
7
Loan Types

Available Loan Programs in Nellis AFB

VA Loans
Conventional
FHA
Jumbo
Refinance
USDA
ARMs

Featured Mortgage Lenders

1

Navy Federal Credit Union

Navy Federal Credit Union

★★★★☆
4.8/5

As one of the largest credit unions serving military members worldwide, Navy Federal has exceptional expertise with VA loans and military-specific mortgage programs. They offer competitive rates with no lender fees on many VA loans, dedicated military lending specialists, and deep understanding of military pay structures and benefits. Their strong digital platform combined with local branch support makes them a top choice for Nellis AFB personnel.

Experience:88 years
Reviews:15 customer reviews
4565 S. Fort Apache Road, Las Vegas, NV 89147

Loan Types:

VA LoansConventionalFHAJumboRefinance
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2

Guild Mortgage

Guild Mortgage Company

★★★★☆
4.7/5

Guild Mortgage has a strong Nevada presence with specialized VA loan programs for military members. They're known for their "Guild Guarantee" which promises on-time closings and excellent customer service. Their local Las Vegas team has extensive experience working with Nellis AFB personnel and understands base housing requirements, PCS timelines, and military lending nuances.

Experience:62 years
Reviews:4 customer reviews
8985 S. Eastern Avenue, Suite 235, Las Vegas, NV 89123

Loan Types:

VA LoansFHAConventionalUSDAJumboRefinance
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3

New American Funding

New American Funding

★★★★☆
4.6/5

New American Funding has built a strong reputation in Southern Nevada with specialized VA loan expertise and competitive military rates. They offer a wide range of loan products and have particular strength in serving diverse communities and first-time homebuyers. Their local Las Vegas team provides personalized service and understands the unique needs of military families stationed at Nellis AFB.

Experience:17 years
Reviews:12 customer reviews
8878 S. Eastern Avenue, Suite 210, Las Vegas, NV 89123

Loan Types:

VA LoansConventionalFHAJumboRefinanceARMs
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Frequently Asked Questions

Common questions about mortgage lending in Nellis AFB, NV

Are there specific VA loan benefits or considerations for military personnel buying a home near Nellis AFB?

Yes, the VA loan is exceptionally popular in the Nellis AFB area due to the large military and veteran population. Local lenders are highly experienced with VA loans and understand the unique timelines and needs of service members. It's important to note that many homes in the surrounding neighborhoods are familiar with VA appraisals and requirements, making the process smoother than in other markets.

What is the typical down payment needed for a conventional loan in the Las Vegas/Nellis area, given the competitive market?

While 20% down is ideal to avoid private mortgage insurance (PMI), many buyers in the competitive Nellis/Las Vegas market secure conventional loans with down payments as low as 3-5%. Due to strong demand, having a larger down payment can make your offer more competitive against cash buyers and investors, but low-down-payment options are readily available through local lenders.

Are there any Nevada or Clark County-specific first-time homebuyer programs I should consider as a Nellis AFB employee?

Absolutely. The Nevada Housing Division offers the Home Is Possible (HIP) program, which provides down payment assistance and a competitive fixed-rate mortgage. This program is especially valuable for first-time buyers in the Nellis area, as it can be combined with VA, FHA, or conventional loans. Additionally, some programs offer extra benefits for teachers, police, firefighters, and military veterans.

How do property taxes and homeowners insurance costs in the Nellis AFB area compare, and how do they affect my mortgage payment?

Property taxes in Clark County are relatively moderate, but homeowners insurance premiums can be higher than the national average due to the desert climate and risk of high winds. Your lender will establish an escrow account to include these costs in your monthly mortgage payment (PITI). It's crucial to get accurate insurance quotes early in the process to ensure your debt-to-income ratio calculations are correct.

What should I know about the local housing market conditions when getting pre-approved for a mortgage near Nellis AFB?

The Las Vegas metro area, including neighborhoods near Nellis, is a fast-moving market with limited inventory, often leading to multiple-offer situations. Getting a strong, verified pre-approval (not just a pre-qualification) from a reputable local lender is essential to have your offer taken seriously. Sellers and agents prefer lenders who understand the pace and nuances of the Nevada market.

Mortgage Insights

Finding Your Home Near the Flight Line: A Guide to USDA Lenders for Nellis AFB Homebuyers

If you're stationed at Nellis AFB and dreaming of trading base housing for a home of your own in the Nevada desert, you might have a powerful financial tool at your disposal: a USDA home loan. For eligible military personnel, veterans, and civilian employees, understanding your options for USDA lenders near Nellis AFB can be the key to unlocking homeownership with no down payment—a significant advantage in today's market.

The USDA's Single Family Housing Guaranteed Loan Program is designed to boost homeownership in rural and suburban areas. Here's the excellent news for the Nellis community: much of the area surrounding the base, including neighborhoods in North Las Vegas and parts of the greater Las Vegas Valley, qualifies as "rural" under the USDA's definitions. This means you can potentially purchase a home just a short commute from the gate with 100% financing, making it an ideal program for those who haven't had the time or ability to save for a large down payment during their service.

Your search for "USDA lenders near me" should start with a specific focus. Not all mortgage companies or banks actively handle USDA loans. Look for local lenders in the Las Vegas area with proven experience in this specific program. They will understand the unique income calculations for military pay, including BAH, and can accurately determine your eligibility based on the USDA's income limits for Clark County. A seasoned local USDA lender will also be familiar with the precise eligible zones around Nellis, ensuring you look at properties that qualify.

There are key regional considerations for Nevada. The state does not offer additional down payment assistance specifically tied to USDA loans, but a knowledgeable local lender can often pair the USDA loan with other programs if needed. The arid climate and specific soil conditions in our desert mean the USDA's property appraisal will include a close look at well and septic systems if the home is not on municipal utilities, which is common in more outlying eligible areas. Don't see this as a hurdle—see it as a thorough inspection ensuring your investment is sound.

Your actionable first steps are clear. First, connect with a housing counselor or your on-base Military Housing Office; they often have vetted lists of local lenders familiar with military benefits. Second, get pre-qualified with a lender who is a USDA specialist. This pre-qualification will confirm your eligibility and make you a serious buyer in a competitive market. Finally, partner with a real estate agent who has successfully closed USDA loans near Nellis AFB. They will know which listings are in the eligible zones and can help you navigate the process smoothly.

Serving at Nellis AFB comes with its unique rhythm and challenges. Securing your own home in the community shouldn't be one of them. By targeting experienced USDA lenders in the Las Vegas area, you can leverage a powerful, zero-down-payment program to build equity and roots in the very Nevada community you help protect.

Nearby Cities

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Why Choose a Mortgage Lender in Nellis AFB?

Local Market Knowledge

Lenders who understand Nellis AFB's housing market can offer better guidance and competitive rates.

Multiple Loan Options

Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.

Proven Track Record

Work with lenders who have years of experience and hundreds of satisfied customers in Nevada.

Ready to Find Your Perfect Mortgage Lender?

Connect with top-rated mortgage professionals in Nellis AFB and get competitive rates on your home loan.