HUD Announces Great $100 Down Payment Program for FHA Financing in Texas!

Large down payment requirements have made homeownership a challenge for many otherwise qualified home buyers. HUD’s latest announcement includes a $100 down payment on HUD homes with FHA financing where offers are at or above current list price.  Note that any offers exceeding appraised value require the buyer to provide the additional funds at closing.

The program is effective immediately for all offers provisionally accepted starting October 20, 2011 and extends through October of 2012.

Call Fred Moyini, registered HUD Homes agent in Dallas, TX at 214-801-0346.