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Officer Next Door Program

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The Officer Next Door (OND) Initiative offers HUD-acquired, single family homes to public police officers with the following significant benefits:

  • 50 percent discount off appraised value.
  • Only $100 Down Payment required*.

Under the Officer Next Door program, HUD offers homes located in designated revitalization areas. Revitalization areas are typically in low- and moderate-income neighborhoods, have many vacant properties and often have high crime rates, but are considered good candidates for economic development and improvement.

Homes offered for sale in the program were previously insured through the FHA and then foreclosed. HUD also reduces the downpayment requirement to just $100 if the home is purchased with an FHA insured mortgage.

Following are the requirements that Officers must meet to use the program:

  • Officers must live in the property as their sole residence for at least three years after purchase.
  • Officer must be a full-time, sworn law enforcement officer who works for a city, county, state or Federal law enforcement agency. You must have the general power of arrest - not just arrest authority limited to a building or facility.

In order to purchase an Officer Next Door Home you should be pre-approved and have a letter of commitment for an approved loan.

Once your offer is approved, you will have only 48hrs. to provide the required down payment and begin your loan approval process. Get started before making your offer to insure a smooth, stress free, transaction.

If you are interested in purchasing a Officer Next Door home, take a moment to learn about  real estate financing and ra.gif (855 bytes) FHA Loan Qualifying

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