Buying a home with just $100 down might sound too good to be true—but with the FHA 100 dollar down payment program, it’s a very real opportunity for eligible buyers purchasing HUD-owned homes.
What Is the FHA $100 Down Program?
This special initiative from the Federal Housing Administration allows qualified buyers to purchase certain HUD-owned homes with a mere $100 down payment instead of the standard 3.5%. It’s designed to make homeownership more accessible, particularly for first-time buyers.
Key highlights:
Applies only to HUD-owned properties
Must use FHA-insured financing
Home must be listed as eligible for the program
Who Can Qualify?
Understanding how to qualify for the FHA $100 down payment program involves meeting standard FHA loan criteria, such as:
Minimum credit score of 580 (in most cases)
Debt-to-income ratio below 43%
Property used as a primary residence
Refer to the FHA $100 down payment eligibility guide for full qualifications, and consult with HUD-approved lenders for local availability.
Where to Find Eligible Homes and Lenders
To find the FHA 100 dollar down payment program near me, check HUD’s property listing website and work with lenders who understand the nuances of this program. The best FHA $100 down payment lenders in 2025 offer:
Experience with HUD contracts
Low closing costs
Efficient processing and guidance
Also consider the best FHA lenders for low down payment options in case the $100 program isn't available for your preferred home.
First-Time Buyer Friendly
This program aligns well with broader FHA loan requirements for first-time buyers, offering a low-barrier path into homeownership. It supports those with modest savings while promoting neighborhood revitalization through HUD property sales.
The FHA $100 down payment program gives qualified buyers a rare shot at low-cost homeownership. With the right property, lender, and eligibility, this initiative turns what seems like a dream scenario into a realistic buying strategy—especially for first-time homeowners on a budget.