HUD Owned Homes for $100 Down Payment

“Understanding your financial needs and goals is important to us, and we are committed to securing financing that meets your needs.”

What is the HUD REO $100 Down Program?

This loan program is specifically designed for homes that are owned by HUD. You can purchase a HUD owned home with as little as $100 down payment. The loan is a standard FHA loan. It just has a special incentive where you only need the $100 down payment instead of the standard 3.5% down payment.  Another awesome feature of this loan is that you can finance in up to $10,000 of repairs to the home!

PROGRAM DETAILS:
  • Home must be owned by HUD
  • $100 Down Payment
  • Available with 620+ Credit Score
  • Owner Occupied only
  • You can finance in up to $10,000 of repairs to the home
  • First Time Home Buyers OK
  • Maximum loan amount  varies by Metropolitan Statistical Area
  • Must provide proof of income and assets to qualify
  • Full documentation and standard FHA qualifying required
  • This is a Standard FHA Loan Program
  • You must live in the home for 3 years
  • Home must Be HUD owned, contact us to provide you with listings to view
  • Standard FHA terms: 30 or 15 Year Fixed or 5/1 ARM
  • Download our HUD $100 Down Flyer