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Down Payment Resource

DPR logo NEW300

 

About Us

 

Down Payment Resource, a proprietary Web tool created by Atlanta-based Workforce Resource, LLC, is the winner of the 2011 Inman Innovator "Most Innovative New Technology" award.

Down Payment Resource (DPR) was recognized for its ability to efficiently connect eligible homebuyers and eligible properties with programs for down payment assistance, affordable fixed-rate mortgages and rehab loans. The product helps bridge the down payment gap for homebuyers and move real estate transactions forward in a difficult lending environment. Learn more about the award here.

About Workforce Resource

 

Licensed directly to Multiple Listing Services, REALTOR® Associations, mortgage lenders and housing counselors, DPR helps prospective homebuyers overcome the biggest obstacle to homeownership -- the down payment.

DPR aggregates down payment assistance program information into one online platform and integrates the details into listing data for homes currently on the market. The tool allows the agent or homebuyer to view an icon on a listing when the property qualifies for a program. Homebuyers can click on the icon and answer eight simple questions to determine if they may also be eligible. In addition, agents can quickly view details about the assistance programs.

While helping to solve the industry's long-term issue of efficiently identifying both qualified homes and buyers for assistance programs, the complete housing supply chain benefits: DPR helps to generate new leads for REALTORS®, maximize local programs and dollars, stabilize communities, and put responsible borrowers into homes.

Homebuyers benefit from DPR because it helps them and the real estate professionals who serve them find homes they can afford to buy and keep.

Real estate agents, mortgage lenders and housing counselors benefit from DPR because:

  • It uncovers an expanded pool of high quality, motivated leads.
  • It provides hard to find, critical market place knowledge that differentiates them from competitors.
  • It is a highly efficient and cost effective system that matches consumers and properties to billions of dollars in down payment assistance.
  • It leads to incremental sales by moving more people off the sidelines and into homes.

Housing Finance Agencies benefit from DPR because it features their programs on current, listed properties and viewable to the thousands of homebuyers and real estate professionals who are actively searching for homes -- all at no cost to HFAs

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