HUD $100 Down Mortgage Program

A HUD owned home is a property that had an FHA-insured mortgage and which was subsequently foreclosed. Once the foreclosure process is complete, HUD places the home for sale at market value in ‘AS-IS’ condition. Realtors must be registered through HUD to facilitate the purchase of these homes which are sold through a bidding process.

The HUD $100 Down program makes these government owned foreclosure homes available for purchase with just a $100 down payment! Very few lenders can offer this specialty program. Guaranty Mortgage is pleased to have this program available to our Texas borrowers. Check to search for available properties.

Requirements and Benefits:

  • Only $100 down payment is required to purchase one of these homes (some closing cost may still apply)
  • Lowest Down Payment requirement (very close to 100% financing.)
  • Can be easier to qualify for than conventional loans.
  • Often offers lower interest rates than conventional loans.
  • Total loan amount cannot exceed FHA maximum county loan limits.
  • Property must be a HUD owned home.
  • Buyer must be able to make an earnest money deposit.


Both Jackie and Robin were very helpful and always available to answer questions I had. Thank you for making this process as smooth as it could be.

Nicole S.

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