Tuesday, September 7, 2010

Fix Up A Foreclosed Property – $100 Downpayment?

December 11, 2008 by Eleanor  
Filed under FHA Mortgage Loans, First Time Home Buyer

I wrote recently (click here) that we could not do $100 downpayment with the 203k loan program… well, now I have a lender who claims he can do it. HUD has long had a program that encourages folks who want to purchase a HUD Foreclosure, allowing them to purchase the property with $100 downpayment.  Problem [...]