Buy a HUD Foreclosure for Only $100 Down

Camisha Williams
Sep 22
2 min read

Buying a home can feel overwhelming, especially with rising costs and high down payment requirements. But here’s a little-known fact: you may be able to buy a HUD foreclosure home with as little as $100 down.

No, it’s not a scam or a clickbait headline—it’s part of specific HUD and FHA programs designed to make homeownership accessible. If you’re ready to explore this opportunity, here’s your step-by-step guide to finding and buying a HUD foreclosure for only $100 down.

What Is the HUD $100 Down Program?

HUD (U.S. Department of Housing and Urban Development) sells foreclosed homes through its official site, HUDHomestore.gov. Some of these properties qualify for special financing programs that reduce the typical FHA down payment (3.5%) to just $100.

The most common way to access this option is through the Good Neighbor Next Door (GNND) Program, which offers:

50% off the list price of eligible homes.
Only $100 down with an FHA-insured mortgage.
A requirement to live in the home for 36 months as your primary residence.

Eligible professions include teachers, law enforcement officers, firefighters, and EMTs.

Step-by-Step: How to Buy a HUD Foreclosure with $100 Down

1. Search HUDHomestore.gov

Head to HUDHomestore.gov and search by state or city. You’ll see a list of available HUD-owned homes. Filter for Good Neighbor Next Door or check listings for $100 down eligibility.

2. Verify Program Eligibility

Not every HUD home qualifies. Double-check that the property you’re interested in is marked for the GNND program or specifically lists the $100 down option.

3. Get Pre-Approved with a HUD/FHA-Approved Lender

HUD doesn’t lend money directly—you’ll need an FHA-approved lender. Use HUD’s Lender Search Tool to find one in your area and get pre-approved before making an offer.

4. Work with a HUD-Registered Real Estate Broker

HUD requires all bids to be submitted by HUD-registered brokers. Find one who’s familiar with the process to guide you through paperwork, deadlines, and bidding.

5. Budget for Extra Costs

The $100 down payment doesn’t mean the home is free from other costs. You’ll still need to cover:

Closing costs
Home inspection fees
Insurance & taxes
Repairs (HUD homes are sold “as-is”)

For eligible buyers, this program can slash the cost of homeownership dramatically. Imagine purchasing a $200,000 property for $100,000 and only needing $100 down to get started.

It’s not available to everyone, and properties move fast, but if you qualify, this could be one of the most affordable paths to homeownership available today.

If you’re in a qualifying profession, don’t sleep on this opportunity. Start your search at HUDHomestore.gov, get pre-approved with a HUD-approved lender, and work with a registered broker. With the right property, you could be unlocking the door to your new home with just $100 down.

Hope this helps someone. Unitl next time xoxo!