Mortgage Reinstatement Assistance Program (MRAP)

This program will provide reinstatement assistance to income qualified eligible Nevada homeowners in default who have experienced a financial hardship due to the coronavirus COVID-19 pandemic.

  • Mortgage reinstatement assistance of up to $65,000 per household.
  • Experienced an eligible financial hardship that occurred on or after January 21, 2020 due to COVID-19.
  • Mortgage and/or housing related expenses, such as property taxes, homeowner’s insurance and/or homeowner association dues, must be at least 30 days past due at the time of application.
  • Assistance for delinquent household related expenses, such as property taxes, homeowner’s insurance and/or homeowner association dues, including lot rent, is available on properties wherein the mortgage loan is current, paid off or has a Home Equity Conversion Mortgage (HECM) (Reverse Mortgage).
  • Must be able to sustain monthly mortgage payments after reinstatement.
  • Household income must be equal to or less than 150% of the area median income or 100% of the median income for the United States, whichever is greater.
  • Homeowner must own and occupy a single family Nevada home (1-4 unit), condominium or manufactured/mobile home and it must be their primary residence.
  • A 3-year lien will be required.
  • Eligible financial hardship must have occurred after the purchase of the home and within the timeframe specified above.
  • Properties with 1st priority mortgage secured by a Home Equity Line of Credit (HELOC) are not eligible.
  • Loan balance on the date the loan was originated must not exceed the conforming loan limit amount set by the federal government on the year the loan was originated.