HUD is offering several new sales incentives on HUD homes that will make these homes more affordable for homebuyers.
Who Qualifies?
Owner Occupant Buyers Using FHA Financing
What Homes Qualify?
Homes listed on HUDHomeStore.com that are labeled as FHA Financing: Insured (IN) or Insured with Escrow (IE) or homes where buyer uses FHA 203(k) financing. See below.
* If the property is labeled as Uninsured (UI) buyer can still do $100.00 down payment if the property is 203(k) Eligible and buyer utilizes the 203(k) loan. Check with buyer’s lender for any overlays.
