You Can Buy A Government Owned Home For $100 Down!

If a foreclosed home was purchased with a loan insured by the FHA, the lender files a claim for the balance due on the mortgage. The FHA pays the claim, and then transfers ownership to the Department of Housing and Urban Development (HUD). HUD then sells these homes to people like you.


  • You must be pre-approved for a mortgage.
  • Owner-occupied bidders receive first priority.
  • You do not have to finance a HUD Home with an FHA Loan.

You can buy a HUD home foreclosure with only $100 down payment. The HUD $100 Down Payment Incentive Program is a great deal.

Managed by the U.S. Department of Housing and Urban Development, HUD homes function much like REO homes, only the owner is the federal government and not a private financial institution. Unlike many banks and private lenders which are tied to their bottom line, HUD has had more freedom to add many extra incentives including offering HUD homes at $100, financing the transaction as well as paying up to 3% of the price of the property in closing costs. In terms of up front expenses, there may not be a more advantageous deal in today’s real estate market.

Advantages of Hud Homes

  • Buyers are starting to see that foreclosed homes can be a gamble when not properly vetted – without being able to inspect the property, find out about any liens or even have clear title, more buyers are waiting for properties to appear on the REO and HUD homes market.
  • Buyers of HUD homes at $100 down can take the time to examine the property, are not required to pay upfront in cash, and can apply for an FHA-insured mortgage on the home.

To learn more about HUD homes at $100 down, contact one of our qualified loan officers today at (801) 736-7736.