HUD $100 Downpayment Program in Pennsylvania
February 27, 2008
HUD is currently offering several incentives, including a $100 downpayment program, for bidders in select Pennsylvania counties. Here’s what to look for:
- $100 Down payment financing is available on most properties through FHA approved lenders.
- Sales allowances that can be used to pay closing costs, make repairs, or pay down the mortgage amount.
- Broker bonuses for owner-occupant sales.
In order to qualify for the $100 downpayment incentive, Pennsylvania bidders must be owner-occupants using FHA-insured financing. The incentive programs are available now through September 30, 2008.
See: How to Find HUD Homes for Sale
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[…] what kind of a house you can qualify to buy? While there are plenty of options for homes in Pennsylvania with $100 downpayments, you may need a bit more to qualify to buy that dream […]