Learn how the FHA $100 Down Program helps you buy a HUD home with minimal upfront costs and flexible terms.
What is the FHA $100 Down Payment Program and how does it work?
The FHA $100 Down Payment Program allows buyers to purchase select HUD-owned homes with just $100 down when using an FHA loan. To qualify, you must meet FHA credit and income requirements, live in the home as your main residence, and submit a full-price offer through an approved lender.
Who qualifies for the FHA $100 Down Program?
This program is available to buyers planning to live in the home, not investors. You need to meet FHA rules like steady income, acceptable credit score, and proper debt ratios. First-time buyers and past homeowners can apply. Working with an FHA lender and agent is essential.
How can I find HUD homes near me that qualify?
You can find HUD homes by searching the official HUD Home Store website using your city, county, or ZIP code. Listings show homes eligible for the $100 Down Program. It’s smart to work with an agent who understands HUD sales to help you with bidding, financing, and paperwork.