In the present work, the HoFeO(3)and HoFe(0.8)Sc(0.2)O(3)nanoparticles prepared by the solution combustion method have been studied to understand their structural, dielectric, and magnetic properties. The refined X-ray diffraction pattern (XRD) confirms the single-phase formation withorthorhombicstructure having space groupPbnm(D-2h(16)). The average crystallite size observed in nanometer for both samples and field emission-scanning electron microscopy (FE-SEM) confirms that the grain sizes were about in the region of micrometer. The temperature-dependent dielectric parameters were obtained such as the real part of the dielectric constant, dielectric loss tangent, and AC conductivity studied with frequency. The real part of the dielectric constant is high at lower frequencies and it is constant at higher frequency region. This sort of dielectric behavior can additionally be clarified based on various polarization mechanisms happening in various frequency ranges. The dielectric loss tangent increases with temperature. For both samples, the AC conductivity increases with temperature and frequency. The magnetic transitions and magnetic parameters were studied through the temperature-dependent susceptibility and field-dependent magnetization. For HoFeO(3)and HoFe0.8Sc0.2O3, the Neel temperature transition at 5 and 8 K was observed which is characterized to the antiferromagnetic nature. The M-H loop confirms the antiferromagnetic nature at 5 K for HoFeO(3)and the ferromagnetic nature at 5 K for HoFe0.8Sc0.2O3. Overall, it confirms the changes of nature from antiferromagnetic nature to ferromagnetic nature after substitution of Sc(3+)on HoFeO3.