Helping Buying a Home
- Programs to Help You Pay for a Home
- FHA Loans and HUD Homes
- Homeowner Voucher Program
FHA Loans and HUD Homes
HUD Homes
HUD takes the ownership of the property when the homeowner defaults on the FHA loan as HUD is in charge of overseeing the FHA loans program. Consequently, these properties are known as HUD homes or HUD real estate-owned properties.
Eligibility to buy HUD homes
It depends on your credit score, ability to get a mortgage, and the amount of cash down payment whether you qualify for a HUD home or not. Besides this, you can make use of the FHA-insured mortgage for buying the HUD home.
How to apply for a HUD home?
You can find the listings of HUD real estate-owned properties for sale by using the HUDHomestore. Learn more about the property by clicking on the agent tab and find the contact information.
Where to call for extra help about a HUD home?
You can check the list of frequently answered questions or call the FHA resource center if you have any queries or require more information about FHA loans.
Last Updated: June 20, 2023