Tag Archives: Down Payment Resource (DPR)

“The increase in down payment assistance for several consecutive quarters represents growing opportunities for homebuyers that have been traditionally underserved,” said DPR Founder and CEO Rob Chrane.

A new report found an upward trend in new homebuyer assistance programs amid difficult homebuying conditions.

Despite the negativity surrounding the housing space, mortgage lenders can lead the way. Abby Waltz of Homes for Heroes explains how to show clients ways to uncover opportunities in today’s marketplace.

While a multitude of downpayment assistance options are available to buyers, most are not aware these options exist, as Rob Chrane of Down Payment Resource explains how proper education can bring these programs to the forefront as a viable option to today’s home buyers.

With a segment of home buyers still on the outside looking in, Richard Ferguson of CBC Mortgage Agency discusses downpayment assistance programs, and how this option can benefit buyers in today’s market.

A recent analysis of HMDA data found that 33% of declined mortgage applications could have been made eligible with the assistance of downpayment assistance programs.

During a quarter of difficult buying conditions, Down Payment Resource’s Q2 2022 HPI report shows sufficient growth in homebuying assistance programs for the third consecutive quarter, despite economic conditions limiting available funding.

A new report finds that an increasing number of down payment assistance programs are allowing for assistance in the purchase of manufactured homes.