You CAN Buy a Home for $100 Down!
This program has been around for a bit, since November of last year actually. It is an FHA loan program that is specific to HUD Homes that are Owner Occupied. What a great opportunity for someone who is looking to pickup on a deal, come out of pocket as LITTLE as possible and still have a Federally Funded Loan that is FIXED RATE! You can’t ask for more – right? Here’s the real bonus – MANY of these HUD homes are not in “terrible” condition. (more…)