Frequently Asked Questions

General Information

1.  What is the Nevada Homeowner Assistance Fund?

The Nevada Homeowner Assistance Fund is a federally funded program that provides assistance to Nevada homeowners struggling to pay their mortgages due to financial hardships due to the coronavirus COVID-19 outbreak. Nevada received approximately $120 million to help qualified Nevada homeowners in their time of need.

2.  Who is responsible for the Nevada Homeowner Assistance Fund?

The Nevada Homeowner Assistance Fund is a federally funded program administered by the nonprofit, Nevada Affordable Housing Assistance Corporation (NAHAC), under the oversight of the Nevada Housing Division and the United States Department of the Treasury. NAHAC is responsible for developing and maintaining program guidelines, policies, and procedures.

3.  Do I need to pay a fee to take part in the Nevada Homeowner Assistance Fund?

No. You will never be asked to pay a fee to participate in the Nevada Homeowner Assistance Fund. In fact, you should beware of anyone who asks you to pay a fee in exchange for a counseling service or modification of a delinquent loan. If you suspect fraud connected to the Nevada Homeowner Assistance Fund, you may report it in several confidential ways. Click here to learn more.

4.  Is funding for the Nevada Homeowner Assistance Fund limited?

Yes. Funding for the Nevada Homeowner Assistance Fund is limited, and the funds must be expended by September 30, 2025. There are individual program limits and overall combined benefit cap of $100,000 per qualifying household. Individual program maximums may be found on our website, in the View Programs page.

5.  What types of foreclosure prevention programs are available?

The Nevada Homeowner Assistance Fund currently consists of two programs designed to help qualifying borrowers remain in their homes and avoid foreclosure:

  • Unemployment Mortgage Assistance Program (UMA)
  • Mortgage Reinstatement Assistance Program (MRAP)

Detailed descriptions of each of these programs are available here.

6.  How long does it take for my home to go into foreclosure?

Contact your mortgage servicer for information on their foreclosure timeline.

7.  Is the Nevada Homeowner Assistance Fund a loan modification program?

No. The Nevada Homeowner Assistance Fund is a foreclosure prevention program, not a loan modification program.

8.  Do Nevada Homeowner Assistance Fund benefits change my adjustable rate mortgage to a fixed rate mortgage?

No. Receiving Nevada Homeowner Assistance Fund benefits will not change your mortgage from an adjustable rate to a fixed rate.

9.  What if I have other questions about my mortgage and its terms and conditions?

We highly recommend you contact your mortgage servicer directly with any questions you may have about your specific loan.

If you have any other general questions not answered above, please contact NAHAC at (888) 320-6526. Thank you.

Read the Homeowner Assistance Fund Guidance provided by the U.S. Department of the Treasury