📈 Markets
FED FUNDS3.63%+0bp
2-YR4.15%-5bp
10-YR4.63%-5bp
30-YR5.21%-3bp
INFLATION3.5%+0.0pp
HOME PRICES+1.1%+0.2pp
AFFORDABILITY103+1.5
Updated Aug 14, 2026
ART LOERANMLS #367308
CALL ART775-404-0006
THE ART OF LENDING
FED FUNDS3.63%+0bp
2-YR4.15%-5bp
10-YR4.63%-5bp
30-YR5.21%-3bp
INFLATION3.5%+0.0pp
HOME PRICES+1.1%+0.2pp
AFFORDABILITY103+1.5
Updated Aug 14, 2026
ART LOERANMLS #367308
CALL ART775-404-0006
THE ART OF LENDING
Buy a Home · Reno & Lake Tahoe · NV & CA

Your Reno & Tahoe
Home Starts Here

Your mortgage guy for life. From first home to forever home.

Whether you are buying your first home, upgrading, investing, or relocating to Reno or Lake Tahoe, Art Loera has the programs, the experience, and the commitment to get you there. FHA, VA, USDA, Conventional, Jumbo and 16+ more. When other lenders say no, Art finds a way.

$0 Down VA & USDA Options
3.5% Down FHA Program
16+ Loan Programs
Se Habla Español

“I believe a mortgage loan must be a clear and educated decision. Everything on this site is free, in English and Spanish: guides, calculators, programs, and Important Numbers. No closed doors, no signup, no catch.”

Art Loera  ·  NMLS #367308

Your Reno & Tahoe
Buyer Toolkit

Seven essential tools for every Reno and Tahoe buyer. Search listings, run your numbers, learn from real scenarios, ask SAM anything.

Search Reno & Tahoe Homes

Browse every active listing in our market on Zillow. Filter by price, beds, neighborhood. Send Art the address and get a same-day pre-approval letter.

Pre-Qual Estimator

Get a quick read on your buying power. Estimate the loan amount you may qualify for based on your income, debts, and down payment. Honest numbers, no surprises.

Payment Calculator

Run real monthly payments with principal, interest, taxes, insurance, and HOA. See exactly what owning a Reno or Tahoe home will cost you each month.

Buyer Scenarios

Real situations Art has closed. First-time buyer with student loans, self-employed with write-offs, recent credit event, Tahoe second home. See how Art found the path.

Loan Dos & Don'ts

From offer to closing, certain moves can sink your loan. Do not open new credit, do not change jobs, do not move money around. Art's printable guide keeps you on track.

Buyer Forms & Checklist

Pre-approval checklist, document request list, mortgage process map, budget worksheet. Every form Art uses, free to download. Print and prepare before your first call.

Ask SAM About Mortgages

Got a mortgage question? Any program, any loan, any scenario, any rate. SAM is Art's AI assistant. Ask anything, in English or Spanish, 24/7. No login, no calls. Just ask.

Available 24/7 in English and Spanish

Loan Process · Do's & Don'ts

Don't Let These Mistakes Kill Your Loan

From the day Art issues your pre-approval to the day you sign closing docs, follow these rules. They are the difference between getting your keys and losing the deal at the last minute.

DO These Things

  • Keep paying every bill on time. Even one 30-day late drops a credit score 60-100 points and can disqualify your loan.
  • Stay at the same job. If a job change is unavoidable, call Art FIRST. Same industry or higher pay may be fine, gaps are not.
  • Save every paystub, bank statement, and tax document. Underwriting will ask for them again right before closing.
  • Document every deposit over $500. Source of funds matters. Cash gifts need a gift letter signed by the giver.
  • Respond to the lender within 24 hours. A 48-hour delay can push closing back by days.
  • Keep credit card balances stable. Don't max out, don't pay off everything. Stable utilization is best.
  • Call Art with any change. Income, job, deposits, debts, gifts, anything that changes. Surprises kill deals. Transparency saves them.

DON'T Do These Things

  • Don't open new credit cards or loans. Each new account drops your credit score and adds debt to DTI. Both can disqualify the loan.
  • Don't finance furniture, appliances, or a car. Wait until AFTER closing. Even pre-approved promo financing counts as new debt.
  • Don't change jobs or quit. Lenders verify employment days before close. A new role can re-trigger income verification.
  • Don't move large sums between accounts. Every transfer needs a paper trail. Underwriting wants to see funds “seasoned” for 60 days.
  • Don't co-sign for anyone. Co-signed debt counts against your DTI even if you don't pay it.
  • Don't dispute credit items mid-loan. Disputes freeze accounts and re-trigger underwriting. Resolve them BEFORE applying.
  • Don't pay off old collections without asking. Sometimes paying re-ages an item and HURTS the score. Ask Art first.
Why This Matters
A pre-approval is NOT a guarantee. Lenders re-verify credit, employment, and assets within 7 days of closing. Any of the don'ts above can re-trigger underwriting, delay closing, or kill the deal entirely. Follow these rules from the moment you go under contract. Not a week before close. Call Art the second anything changes.

5 Steps to Your New Home

Art walks you through every step. No surprises, no confusion, no being left in the dark. Just a clear path from start to keys in hand.

01

Free Consultation

Call or text Art at 775-404-0006. Tell him your situation, your goals, your timeline. He listens first and recommends second. No pressure, ever.

Details

Before You Call

  • Have a rough idea of your goal and timeline
  • No documents needed for the first call
  • Fifteen minutes is usually enough to map a plan
Ask Art →
02

Get Pre-Approved

Art reviews your credit, income, and assets to issue a solid pre-approval letter. Sellers take pre-approved buyers seriously. This is your competitive edge.

Details

What Art Reviews

  • Recent pay stubs, W-2s and bank statements
  • Credit pulled once, explained in plain language
  • A letter sellers actually trust
Ask Art →
03

Find Your Home

Shop with confidence knowing your budget and buying power. Art partners with top Reno and Tahoe realtors, or works directly with yours.

Details

While You Shop

  • Updated letters for every offer, same day
  • Art coordinates with your agent directly
  • Questions answered nights and weekends
Ask Art →
04

Lock Your Rate

Once you have an accepted offer, Art locks your rate and manages the entire loan process. You will always know exactly where your loan stands.

Details

How Locking Works

  • Art watches the market so you do not have to
  • Lock windows explained before you commit
  • No pressure; the timing decision is always yours
Ask Art →
05

Close and Celebrate

Sign, fund, get your keys. Art does not disappear at closing. He is your mortgage guy for life, ready when you are ready to move again.

Details

Closing Day

  • Final numbers reviewed with you line by line
  • Sign with the title company; Art stays reachable
  • Keys in hand, and Art stays your mortgage guy for life
Ask Art →

“I am not here just to close your loan. I am here to be your mortgage guy for life. From Reno and Tahoe to anywhere in the country, honestly, transparently, and without giving up.”

Art Loera · NMLS #367308 · Branch Manager · PRMG

16+ Programs.
One Right for You.

Most Reno lenders offer 4 to 6 programs. Art offers 16+ including programs exclusive to his clients. If there is a path to homeownership, Art will find it.

VA Home Loan

$0 Down · Veterans & Military

Zero down payment, no PMI ever, competitive rates, and the best benefit earned by those who served. Art knows the VA guidelines inside and out and maximizes every benefit for veterans.

$0Down Payment
NoPMI Required
Details

VA at a Glance

  • Zero down payment required
  • No monthly mortgage insurance
  • Veterans, active duty & eligible spouses
Ask Art →

USDA Rural Loan

$0 Down · Rural & Suburban Areas

Zero down payment for eligible rural and suburban properties. Many Reno, Sparks, and Northern Nevada areas qualify. Art will check your address for eligibility instantly.

$0Down Payment
LowMortgage Insurance
Details

USDA at a Glance

  • Zero down in eligible areas
  • Household income limits apply
  • Ask Art to check any specific address
Ask Art →

Conventional Loan

3% Down · Strong Credit

Ideal for buyers with solid credit and income. Lower long-term cost, no upfront MIP, and PMI drops off once you reach 20% equity. The most flexible program for well-qualified buyers.

3%Min Down
620+Min Credit
Details

Conventional at a Glance

  • As little as 3% down
  • PMI can drop at 20% equity
  • Fannie Mae / Freddie Mac backed
Ask Art →

Jumbo Loan

Lake Tahoe · Luxury · High Balance

For high-value homes in Incline Village, South Lake Tahoe, and luxury Reno markets. Art specializes in jumbo financing above conforming loan limits with competitive rates and flexible terms.

$1M+Loan Amounts
700+Min Credit
Details

Jumbo at a Glance

  • For amounts above conforming limits
  • Ideal for Lake Tahoe & Nevada luxury properties
  • Multiple term options available
Ask Art →

Down Payment Assistance

First-Time Buyers · Grant Programs

Nevada and federal DPA programs can provide grants and forgivable loans toward your down payment and closing costs. Art knows every program available in Northern Nevada and how to stack them.

Up to$25K Assist.
GrantOptions
Details

Down Payment Help at a Glance

  • Up to 5% purchase assistance
  • Grants & forgivable options
  • Great for first-time buyers
Ask Art →

Bank Statement Loan

Self-Employed · No W-2 Required

If you are self-employed or a business owner, your tax returns may not reflect your real income. Art qualifies you using 12 to 24 months of bank statements instead. No W-2s required.

12-24Mo. Statements
NoW-2 Required
Details

Bank Statement at a Glance

  • Your deposits tell your income story
  • Built for business owners & the self-employed
  • No tax returns or W-2s needed
Ask Art →

DSCR Investor Loan

Investors · Rental Properties

Qualify based on the property's rental income, not your personal income. Perfect for real estate investors with complex tax returns who want to build their Reno or Tahoe portfolio.

RentalIncome Qualifier
NoPersonal Income
Details

DSCR at a Glance

  • Rental income qualifies you
  • No tax returns or W-2s needed
  • Investors & LLCs welcome
Ask Art →

Heroes Program

Teachers · Nurses · First Responders

Educators, healthcare workers, and first responders may qualify for special pricing and closing cost credits. Reno's heroes deserve more. Ask Art how this exclusive program works for you.

$1,000Closing Credit
SpecialPricing
Details

Heroes Program at a Glance

  • For teachers, nurses, firefighters, police & military
  • Exclusive program benefits for community heroes
  • Available on FHA, VA, USDA & conventional paths
Ask Art →

How Much Home
Can You Afford?

Estimate your monthly payment. Every situation is different, so use this as a starting point then call Art for your exact numbers.

Art Loera · Branch Manager 📞 775-404-0006
✉ aloera@prmg.net
Se Habla Español
Down Payment
$22,500
Loan Amount
$427,500
Est. Monthly Payment (P&I)
$2,808
Principal and interest only. Does not include taxes, insurance, HOA, or mortgage insurance. Call Art for a full payment breakdown specific to your situation.

What Reno & Tahoe
Buyers Are Saying

315+Five-Star Reviews27Years of LendingGoogle · Birdeye · Experience.com
Art Loera - Mortgage Specialist Reno NV
Art Loera
Branch Manager · Your Mortgage Guy for Life · Since 1999
Art has helped hundreds of Reno and Tahoe families buy homes over 27+ years. He does not just process loans, he changes lives. His mission is simple: be your mortgage guy for life. Honest, personalized, and without ever giving up. When other lenders stop looking, Art keeps going.
NMLS #367308 · NV License #8980 · Licensed in Nevada · Se Habla Español · 775-404-0006
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Not ready to apply today? No problem. Scan the QR code with your phone camera to save Art's contact directly to your phone. When you are ready to buy, in a week or a year, Art is already in your phone.

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No credit pull. Art personally reviews every request and calls you back within 24 hours.
Not a Loan Estimate, not a commitment to lend. Submitting this form does not obtain credit approval. NMLS #367308 · PRMG NMLS #75243 · Licensed in Nevada · Equal Housing Lender.

Free guides. Free calculators. Free programs. Free Important Numbers. English and Spanish. No signup ever. Art Loera. NMLS #367308.

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