FHA Repo Homes $100 - Get FHA Mortgage Rates  

FHA 100% Financing $100 HUD Repo Loan

Benefits:

The FHA $100 HUD REPO Home Loan Program is a purchase money loan offered in limited geographic areas to purchasers of a home owned by the Department of Housing & Urban Development that qualify. Buyers are only required to make a $100 down payment and may be eligible for sales incentives provided by HUD! First Time Ever in History!

Highlights:    

• Purchase Money
• 100% FINANCING!
• Primary Residence
• Owner Occupied Only
• Property Types (1-4 UNITS, Condominiums, PUDs, Modular)
• Manual Underwriting Only (31%-43% Qualifying Ratios) 

If the Real Estate Agent writes the sales contract as a 203 (b) with a repair escrow then the entire repair value can be included in the loan amount and escrowed. The LTV cannot exceed 110% of “as is” appraised value. No Bankruptcies in last 2 years. No Foreclosure in last 3 years. 

*HUD Repo Program