FHA loans for Police Officers – The Officer Next Door

This initiative presents an HUD acquired single family home to individuals in the public police force. Homes on this program are mostly those regained by the FHA after a foreclosure. The Officer Next Door Program features several advantages including:

• 50% discount on FHA appraised home value
• Only $100 down payment

FHA loans for the Officer Next Door Program includes homes in designated revitalization zones. These zones are mostly low to moderate income neighborhoods with several vacant property and many times high crime rates. They are also considered as good candidates for development purposes.

To qualify for the program, officers should meet these requirements:

• Individual must reside in property as primary residence for a minimum three years
• Individual must be a full-time law enforcement office attached to a state, federal, city or county agency with the power of arrest.

Interested parties residing in Texas are required to be pre-approved for a Texas FHA loan with a letter of commitment on an approved loan. Approved offers are given 48hrs to pay the down payment and begin loan approval process.

Texas FHA loans features plenty program types to suit everyone. See qualification requirements and find one suitable to your needs with our Texas FHA loans finder tool.