Hud 100 Down Program Guidelines

If your "decision" credit score is below 500, you won’t be able to qualify for an FHA-insured mortgage loan (according to current HUD requirements and guidelines). The HUD $100 down payment program is an incentive to get people to purchase a home using Federal Housing Administration (FHA) financing.

FHA $100 Down Payment Program in Florida – Facebook – HUD homes for sale $100 down payment in Florida.. A HUD owned home is a property that has been foreclosed on and the originally loan was an FHA mortgage. The homeowner could not make the payments and HUD foreclosed and took the property back.