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FHA $100 Down HUD REO 

What Is the FHA $100 Down Program?

The FHA $100 Down Program is a unique financing option available on eligible HUD-owned homes (HUD REO properties). Qualified borrowers can purchase a HUD home using FHA financing with as little as $100 down payment, creating an affordable path to homeownership for eligible buyers.

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This program is designed to help revitalize communities while providing borrowers with a low cash-to-close option on HUD inventory.

 

Key Advantages:

  • Only $100 minimum borrower contribution

  • Available on eligible HUD REO properties nationwide

  • FHA's flexible underwriting guidelines

  • Opportunity to help first-time homebuyers enter the market

  • Great solution for buyers with limited liquid assets

  • Can create opportunities in markets where affordability remains challenging

 

Broker Tips:

  • Ideal for first-time homebuyers

  • Ensure clients understand the eligibility requirements

  • Highlight the affordability and minimal upfront cost

 

Available Homes can be found Here

         NMLS# 1101220
         www.nmlsconsumeraccess.org

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841 Mountain Ave, Suite 400

Springfield, NJ 07081

Equal Housing

Email : info@mlbwholesale.com

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​Phone: (732) 243-0140

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​©2022 by MLB. All Rights Reserved.

MLB Residential Lending, LLC., located at 841 Mountain Ave. Suite 400, Springfield, NJ 07081, NMLS 1101220. For licensing Information please visit the NMLS Consumer Access site here: https://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1101220. EQUAL HOUSING LENDER

TX: CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR A LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550.

THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV.

IL Commissioner: ILDPR 555 W. Monroe, Suite 500, Chicago, IL 60661, Phone: (312)793-3000.

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