HUD REO $100 Down Program
- Most popular HUD foreclosure program
- No appraisal needed
- Allows for repairs up to $5K
- $100 down payment
FHA loans are by far the easiest mortgage loans to qualify for due to the flexible credit guidelines and the low down payment requirements. A borrower who cannot afford a traditional down payment of 20% or has gone through a financial hardship like a short sale, foreclosure or bankruptcy can benefit the most from the FHA program.