1. Nevada Housing Division
Expansion of Home Buyer Program

2. Who We Are Investment Banker: Raymond James Master Servicer: US Bank
Program Administrator: eHousingPlus
Nevada Population: 2.9 million
Homeownership Rate: 55.7% (US rate is 64.4%)
Median Household Income: $61,000

3. Home is Possible (HIP) Expansion Strategy
Loan Product Design and Continous Evaluation
Participating Lenders Key to Success
Innovative Outreach and Marketing

4. Home is Possible Design
DPA Grant (3% - 5%)
Non-Bond Platform
Education Required
Max Income $95,500
Can Combine with MCC

5. Existing Workflow Master servicer Compliance Fannie Mae NHD/Govt.
HFA Homebuyer Program Creation and Update
Lender corporate
1 to 2 Weeks Notice
??? Notice
Financial Advisors
Loan Officers & REALTORS®
Homebuyers

6. Across multiple programs…
Lender corporate

7. Goals/Outcomes of Program Template
Improve communication among valued partners
Loans are closed faster
Creates ease of use for mortgage partners
Improve the quality of loan products and programs
Serve more homebuyers

8. New Program Design & Roll out Model
Technical Program Template to Corporate Lending Contacts
Template of New Program Overview to Corporate Lender Contacts
Industry Partner Input
NHD/Govt.
30 Day Notice of Roll out
HFA Homebuyer Program Creation and Update
1 to 2 Weeks Notice
Marketing Info and New Program Overview to Loan Officers & REALTORS®
Feedback & Input
Macro Factors

10. HIP For Heroes Brochure
HIP Brochure
HIP For Heroes Brochure

11. MCC Brochure
HIP Plus Flyer

12. Rider Sign
Roll-up Banner

13. HIP Video

14. HIP Expansion Outcomes
Before HIP
16 Lenders
Avg Mo Loans - $8MM
Avg Mo Loans - 47
Avg Military Loans - 7
After HIP
80 Lenders
Avg Mo Loans - $100MM
Avg Mo Loans - 475
Avg Military Loans - 34