HUD $100 Down Program

Administered by: U.S. Department of Housing and Urban Development (HUD) / FHA · Federal · FHA-Financed HUD REO Purchase

Funding status: Active

How much assistance

Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs. (FHA-Financed HUD REO Purchase)

Eligibility

  • First-time buyer required: No
  • Credit score minimum: 620
  • Geographic restrictions: Available nationwide, but only for HUD-owned (REO/foreclosure) properties; must be owner-occupied primary residence; 1-2 unit properties
  • Homebuyer education required: No
Visit program website

Notes

Not a standalone loan program — it is a special FHA financing provision for HUD-owned properties. Properties listed at HUDHomeStore.com; must be purchased through a HUD-registered broker. All standard FHA requirements apply (MIP, property standards) except down payment is reduced to $100. Subject to FHA county loan limits ($541,287 floor / $1,249,125 ceiling in 2026). Earnest money deposit typically 1% of sale price up to $2,000. 2-year wait after bankruptcy. Property must pass FHA appraisal. DTI follows FHA guidelines (43% standard). 620 credit is typical lender requirement; FHA minimums (500/580) apply technically.

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