LIMITED-TIME INCENTIVE PROGRAM FROM US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD)

You can now buy a home with $100 down payment and finance it using FHA Home Loan Program. This is a limited time incentive program from HUD.

$100 DOWN PAYMENT – FHA HUD PROGRAM:

• Home buyer will live in the property for a minimum of 1 year (investors are not qualified for this HUD incentive program)
• Home buyer must offer the full asking price for the home
• Home buyer should use FHA loan for the purchase of this home
  
  HUD incentive program – $100 Down Program to Buy a Home is designed to attract home buyers into the market to move excess housing inventory and these incentive programs run for a short time, so if you are looking to purchase a HUD home or need more information about this program and HUD homes that qualify, please call us for more information.

Here are some additional eligibility requirements to consider for the $100 Down Payment HUD Program:

• The home must be a HUD owned home
• The home buyer must use a HUD registered real estate agent or broker to qualify for this incentive program
• The property will be purchased by the home owner on an “as-is” basis
• This program can not be combined with Streamline 203K or a 203b Repair Escrow transaction
• The property must be in an eligible HUD area
• The subject property must be located in an eligible area only
• Eligibility is determined by HUD
• Contract of the Home Sale must confirm a $100 down payment program