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What is the FHA $100 Downpayment HUD Repossessed Property Purchase?

April 26, 2017downpayment FHA HUD Property purchase repossessed

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What is the FHA $100 Downpayment HUD Repossessed Property Purchase?

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This is a Special HUD property Purchase loan program financed as an FHA loan. It offers the ability to own a home with a down payment of $100.00. Repairs can be financed into a 203k FHA rehab loan, or in fact, negotiated into the Purchase contract. Certain features must be present, to qualify for this program.