Author name: Down Payment Resource

Business, Reports and Studies

Federal funds fuel quarterly growth in U.S. down payment assistance programs, which now number 2,415

ATLANTA, Ga. — Down Payment Resource (DPR), the housing industry authority on homebuyer assistance program data and solutions, today released its Q2 2024 Homeownership Program Index (HPI) report. The Q2 report saw the national homebuyer assistance programs increase by 42 to 2,415 – the highest count on record. Much of this quarter’s increase in program count was due to local agencies pulling more heavily from federal funding to support homebuyer assistance.

Real Estate

Eighteen homebuyer assistance programs offering up to $117,000 are available to help people with disabilities and family caregivers purchase or modify a home

ATLANTA, Ga. — In celebration of Disability Pride Month in July, Down Payment Resource (DPR) is highlighting 18 U.S. homebuyer assistance programs that are specifically designed to support people with disabilities and their family caregivers on their journey toward homeownership. While people with disabilities may be eligible for any of the 2,300-plus U.S. homebuyer assistance programs in DPR’s database, 18 are specifically developed to promote accessibility and inclusivity for aspiring homeowners with disabilities.

Encompass Partner Connect, Software

Down Payment Resource integration with ICE Mortgage Technology embeds down payment assistance program support into core mortgage origination software

ATLANTA, Ga. — Down Payment Resource (DPR), the housing industry’s leading technology for connecting homebuyers with homebuyer assistance programs, today announced a new integration using the latest API framework from Intercontinental Exchange (ICE) for mortgage technology. Available via the Encompass Partner Connect™ API Platform, the integration makes it easier for lenders to support homebuyers with the nation’s 2,300-plus down payment assistance (DPA) programs.

Alliances and Partnerships, Business, Software

Down Payment Resource brings its award-winning homebuyer assistance software to The Mortgage Collaborative as a preferred partner

ATLANTA, Ga. — Down Payment Resource (DPR), the housing industry’s leading technology for connecting homebuyers with homebuyer assistance programs, today announced that it has joined The Mortgage Collaborative (TMC), the nation’s largest independent cooperative network serving the mortgage industry. As a member of TMC’s Preferred Partner Network, DPR will provide its software, which provides operational support for utilizing its database of more than 2,300 down payment assistance (DPA) programs, at a discounted rate to TMC members.

Business, Reports and Studies

Down Payment Resource reports highest annual down payment assistance program count growth on record

ATLANTA, Ga. — Down Payment Resource (DPR), the housing industry authority on homebuyer assistance program data and solutions, today released its Q1 2024 Homeownership Program Index (HPI) report. In a quarter where year-over-year (YoY) home prices jumped 6%, the YoY national down payment assistance count increased by 204, the largest annual jump since DPR began reporting on this data in Q3 2020.

Business, Real Estate

Heartland Multiple Listing Service implements Down Payment Resource to raise homebuyer awareness about down payment assistance programs in the Greater Kansas City community

ATLANTA, Ga. — Down Payment Resource (DPR), the housing industry’s leading technology for connecting homebuyers with homebuyer assistance programs, today announced that Heartland Multiple Listing Service (MLS) has implemented its tools to notify real estate agents when homebuyers may be eligible for down payment assistance. According to a DPR analysis, 87% of Heartland MLS’s listings are eligible for one or more homebuyer assistance programs.

Awards and Honors, Business

Down Payment Resource’s Veronica Khandelwal named to National Mortgage Professional’s 2024 Women of Inspiration list

ATLANTA, Ga. — Down Payment Resource (DPR), the housing industry’s leading technology for connecting home buyers with homebuyer assistance programs, today announced that Vice President, Housing Finance Authority (HFA) Relations, Veronica Khandelwal, has been named to the 2024 Women of Inspiration list by National Mortgage Professional, an American Business Media publication.

Awards and Honors, Business, RISMedia Newsmaker

Down Payment Resource CEO Rob Chrane honored as 2024 RISMedia Newsmaker

ATLANTA, Ga. — Down Payment Resource (DPR), the housing industry’s leading technology for connecting home buyers with homebuyer assistance programs, today announced that its Founder and CEO Rob Chrane has been named a RISMedia 2024 Real Estate Newsmaker. Newsmakers are recognized for their contributions to the real estate industry and their efforts to positively impact the consumers and communities they serve.

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