Can you really buy a HUD home for a total of $100?

Absolutely not! But if you’re a qualified buyer, you can use an FHA loan to buy one of HUD’s specifically designated homes for sale — with only a $100 down payment!

For a limited time, $100 down payments are available to owner-occupied home buyers when purchasing a HUD home for full price and using an FHA-insured new home loan.

This is a national program, and there are qualifying homes in every state. We showcase only a few homes here on our site; if your town is not listed, tell us about yourself on our pre-qualification page and we’ll get back to you with a custom list of homes in your area.

$100 Down Payment Rules & Regulations 

First, visit a Realtor that is licensed to sell HUD homes in your area. Below are the rules for buyers as specified by HUD:

  • The home you purchase must be your primary residence and you must live there at least one year.
  • You must offer HUD’s full asking price.
  • You will have to obtain an FHA-insured loan that has a fixed rate for either 15 or 30 years.
  • Your debt to income ratio must be 31%/43% or less.
  • You must have a credit score of 640 or higher and if you have had a recent bankruptcy, it must have been discharged at least 24 months prior to your HUD home purchase.
  • You must have two years of employment history.
  • FHA mortgage insurance must be rolled into your loan.

This offer is good on owner-occupied purchases only meaning you must use the home as your primary residence and can be used on single-family homes, condos, and town homes. This offer is not available for investors who wish to buy and rent out a HUD home.


About Best Florida Mortgage Company! Jim Marcinkowski

Mission Statement Our mission is to be the home financing partner that you trust to serve your family, friends and community. Through our family of dedicated mortgage professionals, our commitment is to deliver an exceptional experience. Our unwavering dedication to integrity, honesty and ethics is the foundation of all of our relationships. NMLS 182565, NMLS 1016
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