Opening new doors to home ownership
My Florida Regional MLS is excited to bring you the Inman Innovator of the Year product, Down Payment Resource (DPR).
Down Payment Resource is a tool used to make home ownership a reality by connecting eligible homebuyers and eligible properties with government funded buyer assistance programs.
It’s no secret, lack of down payment is one of the main challenges for homebuyers and a deal breaker for REALTORS®. DPR opens up additional opportunities for buyers to secure the home of their dreams and for you (the agent) to close the sale. DPR will also help position you as a local market leader regarding down payment assistance without you having to keep up with all the government programs, their eligibilities, and changes.
MFRMLS has integrated Down Payment Resource in the following capacities (click links below for detailed integration information):
Frequently Asked Questions
Down Payment Resource publishes a Monthly newsletter:
Some vindication for affordable housing
Unfortunately, many still believe that affordable mortgage practices are to blame for the housing crisis. Five years into the recovery, new data compiled by Bloomberg shows that single family loans financed by state housing finance agencies (HFAs) have proven to be sound investments. Not only have HFAs provided homeownership to 2.6 million families with about 100,000 loans yearly, according to the National Council of State Housing Agencies, they have issued these loans in a responsible way. Now we see benefits to the investors as bonds that finance single-family mortgages are doing much better than the rest of the municipal market.
Click HERE to read the entire Down Payment Resource Newsletter
Click HERE to read the Down Payment Resource Blog
Missed a recent DPR webinar? No problem. Click HERE to view a recorded DPR webinar on the MFRMLS University YouTube channel.
Looking for more tutorials? Check out the ones below from DPR:
Additional Tutorials and Program Overview
If you have questions regarding Down Payment Resources please contact our Help Desk at 800-686-7451 (option #1) or 407-960-5300 (option #1).
The implementation of Down Payment Resource is just another example of our commitment to providing you with the latest, top industry tools to keep you competitive in today’s real estate market.
Click Here for Frequently Asked Questions