Your 24/7 DPA Assistant

We help lenders make faster, better-informed product decisions so you can be a down payment hero to more homebuyers.

The growth market is here, but homebuyer disconnect keeps many on the sidelines.

  • Saving for down payment and closing costs is consistently cited as the number one issue.
  • Yet, only 23% of buyers are even familiar with down payment programs that can help.
  • The Urban Institute found there are about 21 million mortgage-ready renters under 40 in the 31 largest U.S. cities.
  • New data shows that more homebuyers are using down payment assistance — Freddie Mac reported that use doubled between 2013 – 2016.

 

How it works

Down Payment Resource (DPR) is a comprehensive database of eligibility criteria for more than 2,o00 U.S. homeownership programs. DPR is licensed to participating lenders like you who aspire to work with more homeownership programs. Our award-winning technology helps you connect more buyers to the down payment help they need.

4 unique lender solutions

DPA Directory
Make faster, better-informed product decisions with our searchable directory of all homeownership programs.

Who it helps: Secondary/Capital Markets, Product Development, CRA/Community Lending

  • Central hub for latest DPA eligibility criteria
  • Reduce manual DPA research time
  • Immediately access programs nationwide
  • Position LOs or brokers to compete with the best available programs and product

LO Portal
Lender eligibility tool matches incoming borrowers to your company’s approved homeownership programs.

Who it helps: Loan officers, Brokers, Processors, Underwriters, Wholesale/Correspondent Account Executives

  • Match borrowers to company-approved DPAs
  • Compare programs to find best fit
  • Decline fewer loans for cash-to-close or DTI
  • Organically improve CRA performance

Underwriter Portal
Replace complicated spreadsheets with quick access to DPA guidelines and requirements.

Who it helps: Underwriters

  • Confirm whether or not a DPA is company-approved
  • View company overlays
  • Direct access to current, file-specific program guidelines, requirements, contact information and important links
  • Reduce manual DPA research time

Consumer Portal
Personalized landing pages generate more referrals by allowing consumers to learn about the DPAs you offer.

Who it helps: Homebuyers, Loan officers, Brokers, Digital Marketing, Consumer Direct, Homebuyer Counselors, Realtors/Builders, Wholesale/Correspondent Account Executives

  • Personalized landing pages unique to each originator or referral partner
  • Engage new borrowers and generate leads
  • Run digital marketing campaigns linking to your landing page
  • Mobile-friendly consumer experience

Request a Demo

 

Gain efficiency + align your teams

“Making homeownership a reality has been at the heart of our mission. Technology advances that allow us to have a virtual 24/7 assistant, like the Down payment Resource tool, fosters our goal of continuing to be a curator of homeownership options.”

—Nancy Obando, Sr. Vice President at Mountain West Financial

 

Get down payment news and trends

Over the past 13 years, Down Payment Resource has become the industry authority for the most current information about affordable lending programs.

Get the latest Down Payment Report