HUD Homes

HUD homes are perfect for the first time home buyers!

Government HUD Homes

The market for HUD Homes has become very popular. These homes, acquired by the Department of Housing and Urban Development, are the result of a foreclosure on an FHA-insured mortgage. HUD Homes have become viable investments since these homes can be found 30-50% below market value.

To find out if an FHA loan is right for you,
call (800) 600-MUSA today!

During the past 5 years, the Department of Housing and Urban Development has expanded homeownership, increased access to affordable housing, strengthened communities through economic development, fought housing discrimination, and tackled chronic homelessness. HUD has implemented innovative solutions to address our nation’s housing needs and has achieved great results.

Despite its many accomplishments, HUD recognizes that challenges remain to be addressed. Despite achieving the highest homeownership rate in American history, minorities are still less likely than non-Hispanic whites to own their homes. Opening doors to homeownership is a core aspect of HUD’s mission. The most significant barriers to homeownership are downpayment and closing costs. To overcome this barrier, HUD’s American Dream Downpayment Initiative (ADDI) provides low- and moderate-income individuals with funds needed to purchase their first home. In this respect, since its inception in Fiscal Year 2004, ADDI has already helped thousands of Americans, nearly half of whom were minority families.

While increasing homeownership is a top priority, HUD knows it is not a viable option for everyone. Therefore, providing decent affordable rental housing is a central part of HUD’s mission. HUD’s largest program, the Housing Choice Voucher program, promotes affordable rental housing for families and individuals. The program currently provides rental assistance to more than four million households through public and assisted housing programs.

The HUD Mission

The mission of HUD also includes strengthening communities. The Community Development Block Grant (CDBG) program is HUD’s most important community development program and it is one of the most flexible programs provided to localities by the federal government. A significant portion of CDBG funds supports improving conditions in lower income and distressed communities.

HUD Programs

HUD programs offer mortgages, grants, and other assistance to own you own home. Call us at to get our expert help at 800-600-MUSA