HUD Homes in Colorado With $100 Down

HUD homes in Colorado with $100 down are real: on eligible HUD homes, qualified owner-occupant buyers using an FHA-insured loan can buy with a $100 down payment instead of the standard 3.5 percent. The Kenna Group at Keller Williams DTC shows HUD homes across Colorado, writes the bid, and works HUD's special financing incentives with our lender partner: $100 down, HUD-paid closing costs on owner-occupant bids, FHA 203(k) repair loans and Good Neighbor Next Door. Subject to lender approval.

Call or text 303-955-4220. A live person answers. Want the live list first? See every HUD home for sale in Colorado or browse Denver HUD Homes, our HUD-only site with every Colorado HUD listing.

$100 instead of 3.5 percent

What the HUD $100 down payment incentive is

HUD owns the homes it took back after an FHA-insured mortgage went through foreclosure, and it sells them through HUD Home Store. To sell them to people who will live in them, HUD lets a qualified FHA buyer purchase an eligible HUD home with a minimum cash investment of $100 in place of FHA's usual 3.5 percent down payment.

Down payment on a $250,000 home

On a $250,000 HUD home that is $8,650 less cash than a standard FHA purchase. Two things the $100 does not cover:

• Closing costs and prepaids. On a $100 down HUD purchase, only the FHA upfront mortgage insurance premium can be rolled into the loan. Lender fees, title, prepaid taxes and insurance are paid at closing, by HUD where your bid asks for it, or by you.
• Repairs. HUD sells as-is. Lighter repairs can be escrowed or financed; see 203(k) and repair escrows below.

HUD turns the incentive on listing by listing. We check the $100 down flag on every HUD home before you bid, and the free $100 down financing guide walks through it page by page.

Check these four boxes

Who qualifies for $100 down on a Colorado HUD home

Then the normal FHA rules apply: credit, income, debts and the appraisal. If your credit needs work first, Kenna Credit Care builds the plan, and the Colorado mortgage pre-approval guide shows what the lender asks for. Subject to lender approval.

Read the code before the house

HUD financing codes: IN, IE and UI

Owner-occupants bid first

How bidding on a Colorado HUD home works

1. Get FHA pre-approved with a lender that does $100 down. The pre-approval letter goes in with the bid.
2. Tour with a HUD-registered agent. HUD takes bids only through a HUD-registered broker. The Kenna Group submits bids through the HUD registration of Keller Williams Realty DTC, LLC. Our HUD home agents.
3. Bid in the owner-occupant window. Insured homes open with 15 days for owner-occupants only (HUD calls it the Exclusive period). Uninsured homes run a 7-day Lottery, then 5 owner-occupant days. Investors bid only after that, in the Extended period. The listing's own deadline controls.
4. HUD ranks bids by net to HUD. Your price minus the closing costs you ask HUD to pay. A bid placed Monday through Thursday reaches HUD's asset manager the next business day.
5. Accepted? Sign, deposit, close. The HUD sales contract, the earnest money and the FHA appraisal follow, then closing with the title company.

The full walk-through, with timelines and the documents, is on our Colorado HUD homes guide and how to buy a HUD home.

Cash to close, decoded

What a $100 down HUD purchase costs at closing

HUD-paid closing costs. On owner-occupant bids, your offer can ask HUD to pay part of your financing and closing costs, up to 3 percent of the price; the listing and sales documents set the exact limit. On a $250,000 bid that is up to $7,500. The request lowers HUD's net, so it is part of the bid strategy.

What stays yours. Anything HUD does not pay: often prepaid property taxes and homeowner's insurance, the appraisal or inspection paid up front, utility turn-on for inspections, and repairs above the escrow. Ask our lender partner for a written cash-to-close estimate on the exact house before you bid. The Colorado closing costs guide and mortgage calculator show the math.

Buyer's agent pay. HUD typically offers buyer-broker compensation as shown in the listing and sales documents. We explain it before you sign an agreement.

Fixer? There is a loan for that

FHA 203(k): buy a HUD home that needs work

An FHA 203(k) loan wraps the price and the repairs into one FHA mortgage. The Limited 203(k) covers up to $75,000 of non-structural work (HUD raised the cap in 2024): roof, furnace, flooring, kitchen, paint. The Standard 203(k) handles bigger and structural work with a HUD consultant. It is the path for UI-coded HUD homes that cannot take a plain FHA loan. Ask our lender partner whether $100 down pairs with a 203(k) on the specific listing. Subject to lender approval.

More on FHA rules, mortgage insurance and 203(k): FHA loans in Colorado and FHA vs. conventional loans.

Teachers, officers, firefighters, EMTs

Good Neighbor Next Door: 50 percent off, $100 down

A separate HUD program. Full-time law enforcement officers, pre-K through 12th grade teachers, firefighters and emergency medical technicians can buy eligible single-unit HUD homes in HUD revitalization areas at 50 percent off the list price during the Lottery phase. They commit to live in the home for 36 months, and with an FHA loan the down payment is $100. Few Colorado listings qualify at any time; we watch for them. Good Neighbor Next Door in Colorado.

Three ways in for about $1,000 or less

HUD $100 down vs CHFA down payment assistance vs $1,000 cash to close

How to choose: if a HUD home fits where and how you want to live, $100 down is the least cash in. If none fits, down payment assistance opens the whole market for about $1,000. We run both at once. Read the $1,000 cash to close program, the Colorado down payment assistance (CHFA) guide and the Colorado home financing guide. All subject to lender approval.

HUD and bank-owned, live

Colorado HUD and bank-owned homes for sale now

Every active and coming-soon HUD and bank-owned (REO) home in Colorado, from the MLS, updated daily. HUD homes show "HUD" in the remarks; for the HUD-only list with bid deadlines and the $100 down flag, see HUD homes for sale in Colorado. City lists: Denver HUD homes, Denver foreclosures, Aurora foreclosures, bank-owned homes in Colorado.

Straight answers

Where to go next

• HUD homes for sale in Colorado: the live HUD list, bid periods and cities
• Colorado HUD homes guide: the full buying process, documents and condition
• Colorado foreclosures and bank-owned homes and foreclosure homes by city
• FHA post-foreclosure homes and VA foreclosures in Colorado
• $1,000 cash to close and CHFA down payment assistance
• Denver HUD Homes: our HUD-only site, every Colorado HUD listing twice a day

Ready to bid?

Ask about a HUD home with $100 down

Call or text 303-955-4220. A live person answers. Not a robot, not a phone tree. Or use the form below and tell us the city and price range; we send the HUD homes that carry the $100 down incentive.