In what appears to be the government's latest attempt to figure out how to move theÂ real estate industry forward, the FHA implemented a new mortgage loan program effective October 20, 2011.Â Here are the short details.
100% financing with a $100 down payment
FICO Score 580+
Owner Occupied houses only
Purchase a HUD owned property
Contracts signed and accepted after October 20, 2011
Loans fromÂ HUD approved financial institutions only
HomePath.com special financing expires October 31, 2011.Â
Please contact me if you would like to purchase a home for $100.Â I am a BuyerÂ Real Estate Agent in Castle Rock, and Castle Pines, CO.Â I amÂ NOT a mortgage broker.
Your Castle RealÂ Estate