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Purchase a HUD Home for Only $100 Down

Posted by Matthew T. Smoot on April 27, 2017 at 10:00 AM


Purchase a HUD Home for Only $100 Down

There is a great new program available now for purchasers who are looking to buy a HUD home.  All that is needed is $100 for your down payment instead of the minimum 3.5% down if you were to go with an FHA loan.  In order to qualify you must meet the following requirements:

1.  You must use a HUD registered broker.  Not all broker's and agents will have access to this program for their clients.

2.  You must pre-qualify for a mortgage and use a lender who offers this program. 

3.  Homeowners purchasing the home as a primary residence will get first priority to utilize the program.

4.  Prior to making a bid, you must provide your real estate broker with the appropriate earnest money deposit in the form of a cashier's check or money order.

This is a great program available on selected HUD homes.  For more information, or to get pre-qualified for the program contact me and I will put you in touch with a loan officer who can participate in the program.

Matthew T. Smoot-Your "Whatever it Takes" REALTOR®
When You List with Smoot, You Sell with Smoot

With over 11 years in the business I offer my clients the most comprehensive representation in Maryland.  Not only am I a REALTOR, but I also hold a Broker's license, which is the highest and most specialized license a REALTOR can hold.  Customer Service is my Priority, Selling Houses is My Goal!  Contact me for any and all of your Real Estate Needs.  443-504-8930

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