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$100 Down Payment Program

 

Make it yours! Purchase a HUD home with only $100 down

 

This specialty FHA mortgage was created to remove some of the barriers to homeownership and make it easier to purchase HUD homes. HUD homes are 1-4 unit properties acquired by HUD as a result of a foreclosure or other means of acquisition on an FHA-insured Mortgage. 

 

HIGHLIGHTS

  • FHA financing means broader borrower qualification
  • $100 Down Payment
  • Qualifies for 203K renovation financing
  • Can be paired with GNND*

FINE PRINT & ELIGIBILITY

  • Must be a HUD Home** (sold as-is with no warranty)
  • Homeowners wanting to occupy the home receive first priority
  • Before making a bid on a property, must provide your HUD registered real estate broker with earnest money

*GNND offers a reduced price to law enforcement officers, teachers firefighters and medical technicians. Located in designated revitalization areas only. **Go to www.hudhomestore.com to search for available HUD properties. Eligibility requirements, exclusions and other terms and conditions apply. 

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