Does or has anyone in the Reno area ever heard of a FHA loan with a $50K down payment?In the bay area a former client just received a FHA loan with a $50K down payment that does not have to be paid back for 30 years. It is a city program that the city has offered for years. If you sell within 5 years you have to pay the entire $50K back, after five years you do some equity sharing. Just wondering if any lenders or agents in this area know if something like this exisits in Northern Nevada.Thank you!TerrieJuly 09 2011 - Reno00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.