HUD EXTENDS SALES INCENTIVE PROGRAM FOR OWNER OCCUPANTS

HUD will continue to offer $2500 Credit at closing to be used for closing costs, lower mortgage amount, and lender-approved repairs. Minimum house price $25,000 For cash, owner occupant buyers, the incentive can be used for closing costs only, balance reverts to HUD. $500 Selling broker bonus, $100 down payment program for FHA financing.