HUD is currently offering a $100 Down payment initiative. The $100 down payment is for owner occupants purchasing a HUD Home with FHA financing, with full price offers. This incentive is also available to owner occupant purchasers who obtain a FHA Home Repair loan. The $100 Down Offer applies if the purchase price is less than or equal to the Appraised value of the property. If the purchase price is greater than the Appraised value the purchaser, may obtain a new FHA appraisal to support the higher mortgage amount or must pay cash in the amount of the difference between the FHA Appraisal and the purchase price plus $100. It’s a great time to Purchase a HUD Home with FHA financing.

Contact The HUD Specialist today for more details.

469-877-7227

bettewashington@hotmail.com