Did you know that there is special financing available on many HUD homes that only requires a $100 down payment? The basics of this program include:
- Only $100 is needed for your down payment
- FHA type loan only
- Qualify under normal FHA guidelines (no minimum credit score!)
- Must be owner occupied
- After a period of time, some homes may qualify for investment purchases
- FHA required repairs can be rolled in to the loan, up to $5,000
For more information, please contact:
Tammy Hook
Bank of America Home Loans
770-231-4124