Down Payment Resource in the News
Wells Fargo Funding Connect Series – Down Payment Assistance (May 23, 2022): A video podcast with Marcy Ash, Director of Strategic Projects at Down Payment Resource, where she shares insight on the demand for LOs that are versed in DPAs, creative inventory solutions, how to sell the strengths of a buyer who is using down payment assistance, tactics you can leverage in a competitive seller’s market, and developing strategies that allow you to avoid the sunk cost of a denied loan. At the end of the podcast, Marcy busts some common DPA myths.
Real Estate Today – How to Buy a House (January 7, 2022): If you’re worried about the down payment you need for purchasing a home, it may not be as much as you think. Rob Chrane, CEO of Down Payment Resource provides some insight into down payment assistance programs and how they can help.
Real Estate Today – Scary Things! (October 29, 2021): Rob Chrane, CEO & President of Down Payment Resource, discusses down payment assistance program eligibility and how it varies depending on your location.
TSAHC On the House Podcast: Busting Common DPA Myths (June 11, 2021): In honor of National Homeownership Month, TSAHC sat down with Sean Moss, Down Payment Resource’s Senior Vice President and Director of Operations, to debunk some common myths that home buyers hear about down payment assistance.
Wells Fargo Funding Diverse Segments Podcast: Down Payment Assistance Programs (February 4, 2021): Jatoya Hewitt and Sean Moss discuss recent market trends and the vital role down payment assistance programs can play in growing your business and helping to make homeownership possible for more homebuyers.
HomeFlow – The First-Time Homebuyer Podcast (January 20, 2021): How To Access The Billions Of Dollars of Free Money Available to First Time Home Buyers, with Rob Chrane – CEO, Down Payment Resource.
Real Estate Uncensored Podcast (September 3, 2020): Where can agents find down payment assistance programs for their clients? What’s holding us back from making our customers’ dreams a reality? In this episode, Founder and CEO of Down Payment Resource, Rob Chrane, shares how to find help for your clients.
Rent, Move, Buy Podcast (August 3, 2020): Do you really need to make a 20% down payment to purchase a house? Rob Chrane, the CEO of Down Payment Resource, has more than 30 years of experience as an executive in the real estate and mortgage finance industries. In this episode, we’ll talk about different down payment options, particularly for first-time homebuyers, and how down payment assistance programs work across the country.
Listing Bits Podcast (February 14, 2020): Getting People in Homes with Down Payment Assistance – with Rob Chrane
Home Starts Here Podcast (October 2019): Creating Solutions to Affordable Housing Challenges
Articles and Interviews:
The Mortgage Reports (June 28, 2022): Down Payment Resource’s analysis of declined loans is mentioned in this piece encouraging homebuyers who may have had issues with qualifying in the past to learn more about available assistance programs.
National Mortgage Professional (June 17, 2022): A comprehensive piece by housing industry veteran, Lew Sichelman, that asks lenders an important question: Are You Allowing Good Loans To Die?
HousingWire (June 13, 2022): Are lenders dropping the ball on homebuyer assistance? Down Payment CEO Rob Chrane believes borrowers in need of homebuyer assistance now represent a significant market segment and lenders to familiarize themselves with these programs to help increase their purchase pipelines.
MBA Newslink (June 10, 2022): Down Payment Resource found a large share of declined purchase mortgage loan applications were declined for either insufficient cash-to-close or disqualifying DTI ratios and also eligible for homebuyer assistance at the time of declination.
Mortgage Professionals America Magazine (June 8, 2022): An analysis done by Down Payment Resource found that 33% of all loan applications, denied for either insufficient cash-to-close or disqualifying debt-to-income ratios, could have possibly been salvaged with the right homebuyer assistance program.
The Mortgage Reports (May 17, 2022): Down payment help is available, and in this article, Down Payment Resource CEO, Rob Chrane, helps to point out the importance of these programs as affordability declines for many potential homebuyers.
MReport (May 10, 2022): Down Payment Resource CEO, Rob Chrane, was quoted in this article discussing the many barriers homebuyers are facing in today’s competitive market.
Florida Realtors (May 4, 2022): Lew Sichelman quotes Down Payment Resource’s Sean Moss, along with several Housing Finance Agency professionals, regarding the availability of down payment programs and how to find them.
Realtor.com (April 7, 2022): In an effort to help close the homeownership gap, Realtor.com is partnering with Down Payment Resource to add a down payment assistance search tool on Realtor.com/for everyone where consumers can see if they are eligible for programs that can help fund their home purchase.
Realtor.com (April 5, 2022): Down Payment Resource’s vice president of HFA Relations, Veronica Khandelwal, was quoted regarding down payment grants.
National Mortgage News (March 30, 2022): In this op-ed, Down Payment Resource CEO, Rob Chrane, discusses the steps we as industry can take to create measurable progress toward expanding housing equity and affordability.
The Mortgage Reports (March 30, 2022): Down Payment Resource’s EVP of Product and Operations, Sean Moss, agrees with other industry experts that “buying a house with either a low down payment or down payment assistance (DPA) is both doable and realistic”.
MBA Newslink (January 31, 2022): Index Cites Gains in Home Buyer Assistance Programs – Down Payment Resource, Atlanta, said results of its latest Homeownership Program Index showed measurable quarter-over-quarter gains in program funding levels and an increased prevalence of programs aimed at assisting community heroes.
MReport (January 28, 2022): Support for Manufactured Housing On the Rise – While homebuyer assistance programs have historically favored site-built homes, as of Q4, 28% of programs allow manufactured housing as an eligible property type, up nearly 2% from the previous quarter.
Inman News (December 16, 2021): How agents can utilize Zillow’s Down Payment Resource deal
Zillow.com (December 15, 2021): Zillow Adds Down Payment Assistance Information to For Sale Listings: New partnership with Down Payment Resource highlights assistance programs on listings, which analysis shows can provide an estimated benefit of nearly $17,000.
Inman News (September 29, 2021): California Regional MLS bakes in Down Payment Resource tool
National Mortgage News (August 20, 2021): Down payment help is available across the country and could help ease the affordability crisis. “There isn’t a county in this country where there’s not some kind of down-payment help available,” said Sean Moss, director of operations at Down Payment Resource.
MGIC Loan Officer Hub (May 17, 2021): Down Payment Resource’s Director of Marketing Communications, Melinda Harris, discusses “Those Darn DPAs!” and how loan officers can open lines of communication with borrowers and real estate agents when it comes to DPA.
Next Advisor (January 21, 2021): It’s a tough market out there for buyers, but there are ways to make an offer more appealing. Sean Moss, the director of operations for Down Payment Resource, discusses how being prepared when using down payment programs can help prevent closing delays.
Next Advisor (December 8, 2020): Keep your savings account intact by taking advantage of a down payment assistance program. Sean Moss, the director of operations for Down Payment Resource, discusses what types of programs are available and who offers them.
Scotsman Guide (September 30, 2020): In this op-ed, Down Payment Resource CEO, Rob Chrane, urges housing industry professionals to rethink the long-held beliefs regarding low-downpayment borrowers and learn the unique role downpayment assistance can play in helping homebuyers.
Money.com (September 22, 2020): Many cities, counties, and state housing agencies offer grant and forgivable loans that can offset these costs. Down Payment Resource can also help match you with programs in your new area.
Inman News (September 11, 2020): Down payment assistance programs remain strong during pandemic. According to Down Payment Resource’s latest report, 81% of down payment assistance programs in Q3 still had funding for homebuyers.
Chicago Agent Magazine (September 11, 2020): New report highlights down payment programs to assist first-time buyers. Within the HPI, a whopping 2,340 programs are available, with over 81% of those programs containing available funds for eligible homeowners.
Realty Times (August 24, 2020): In this op-ed, Down Payment Resource CEO, Rob Chrane, challenges the housing industry to work together to end homeownership disparity through lower down payments and increased education for homebuyers.
Money.com (July 24, 2020): Don’t Have 20% for a Down Payment? Here’s How to Buy a Home With Less – Sean Moss, senior vice president at Down Payment Resource, discusses how down payment programs can give a homebuyer a competitive edge in today’s market.
Next Advisor (July 22, 2020): A home is among the biggest money moves you’ll ever make—and with 88% of homebuyers financing their purchases, odds are you’ll need a mortgage. Sean Moss, the director of operations for Down Payment Resource, discusses how local and regional programs offer closing cost and down payment assistance for qualified buyers.
Chicago Tribune (July 13, 2020): Between record-low interest rates and down payment assistance programs, the pandemic might be an opportune time for millennials to buy a home.
Inman News (June 20, 2020): Bernice Ross, President and CEO of BrokerageUP and RealEstateCoach.com, relays the highlights from her recent in-depth interview with Rob Chrane, the founder and CEO of Down Payment Resource.
Real Estate Coach Uncensored (June 8, 2020): On this week’s Real Estate Coach Uncensored show, Bernice Ross and Greg McDaniel interview Rob Chrane, the founder and CEO of Down Payment Resource, who explains how you can put down payment assistance programs to work in your business.
Inman News (April 22, 2020): Young buyers disproportionately impacted by economic fallout; According to Down Payment Resource’s latest report, millennials and Gen-Zers were on track to hit their home buying peak before April’s record layoffs
Boston.com (April 1, 2020): Spring House Hunt: A guide to buyer-assistance loan programs
Inman News (February 19, 2020): Down payment assistance tool offers buyer leads to loan officers; Subscribers can use an eligibility lookup feature to match clients with programs and compare up to 4 programs at once
Mortgage Professional America (February 20, 2020): MGIC, DPR connect buyers to down-payment assistance programs
The Dallas Morning News (November 30, 2019): The definition of “first-time” buyer is more flexible than might be expected
Bankrate (October 17, 2019): 8 signs you’re ready to stop renting and buy a home
Real Estate Today Radio (October 7, 2019): Interview with Down Payment Resource SVP Sean Moss
7 on Your Side, ABC News (September 23, 2019): Down payment loans help Bay Area residents realize homeowner dream
The Dallas Morning News (September 21, 2019): Gen Y is relying less on mom and dad for mortgage help
The Washington Post (September 12, 2019): Looking to buy a home? Here are D.C.-area programs that can help you.
NBC News (August 15, 2019): 5 must-do’s if you want to buy a home but have student debt
Real Estate Today Radio (July 30, 2019): Interview with Down Payment Resource CEO Rob Chrane
Boston Globe (July 16, 2019):5 myths about mortgage down payments debunked
Chicago Tribune (June 19, 2019): Chicago housing market hurdle: As baby boomers stay put, millennials struggle to find starter homes
Consumer Reports (May 9, 2019): How to Get the Best Mortgage Rate: Even though rates are low right now, you may need to take steps to qualify for the lowest ones
The MReport (March 21, 2019): The Millennial Home Shopper—Booming and Buying Cheaper
The Mercury News (March 15, 2019): Qualified California renters lack financial knowledge to purchase, others just choose not to own
U.S. News & World Report (March 12, 2019): How to Get Down Payment Assistance for a Mortgage
Builder Magazine (March 8, 2019): DOWN PAYMENT MYTHS HAMPER YOUNG BUYERS, Financing misconceptions discourage many would-be first-time buyers. Make sure your customers know the real deal.
Atlanta Agent Magazine (February 15, 2019): Georgia ranks 9th in assistance for first-time homebuyers
Reuters (February 4, 2019): Help available for first-time buyers, if you can find it
Realtor.com (January 30, 2019): What Would it Take for Generation Z to Purchase a Home?
Washington Post (January 3, 2019): Survey: Millennial renters plan to wait to buy a home?
Washington Post (December 6, 2018): High prices got you down? The home you’re looking for could still be within reach.
HouseLogic (December 2018): Little know ways you can buy a house without a down payment
ReadyNest.com (November 2018): Do you qualify for down payment assistance?
NBC News (November 14, 2018): All the single ladies … are becoming homeowners; Building wealth is important, but so is family stability and proximity, say single women home buyers.
Scotsman Guide (September 24, 2018): Study: Millennials face three housing roadblocks
Washington Post (August 30, 2018): Are you a teacher, first responder or other service worker seeking to buy your first home? You might be eligible for down-payment assistance.
The List TV Show (August 27, 2018): Buying a Home? Programs That Can Help You With a Down Payment
Inman News (August 24, 2018): How millennials can achieve their homeownership dreams in 4 steps
Inman News (July 11, 2018): The 5 most important things I’ve learned during my decade in real estate by Down Payment Resource CEO Rob Chrane
Inman News (July 6, 2018): Meet the Inman Innovator finalists: Most Innovative Real Estate Technology
Cheat Sheet (July 4, 2018): 5 Easy Ways to Save Money for a Down Payment
BadCredit.org Blog (June 29, 2018): Down Payment Resource Connects Homebuyers to Financial Assistance, Tax Credits, and Other Valuable Programs
Geek Estate Blog (June 16, 2018): Meet the Real Estate Tech Founder: Rob Chrane from Down Payment Resource
Credit Union Times (June 8, 2018): Is Your CU Ready for the Changing Mortgage Market?
Vendor Alley (June 4, 2018): Down Payment Resource Celebrates 10 Years
Scotsman Guide (May 16, 2018): Demand Rises for Down Payment Help
Money Magazine (May 15, 2018): This Chart Shows How Quickly You Can Save for a Down Payment on Your First Home
CardRates.com (May 14, 2018): The Down Payment Resource Platform Connects Homebuyers to Programs that Can Provide Thousands in Home Cost Savings
Inman News (May 10, 2018): Down Payment Resource nominated for 2018 Inman Innovator Awards: Most Innovative Real Estate Technology
RewardExpert.com (April 30, 2018): Down Payment Resource Helps Americans Buy Homes
The Housing Scene column (April 6, 2018): Buyers Need to Jump Three Hurdles
HousingWire (April 2, 2018): MGIC announces partnership with Down Payment Resource
ATTOM Data Housing News Report (February 2018): Lead Article: “Persistent Home Price Appreciation Pressures Market Orthodoxies.” Features quotes from DPR CEO Rob Chrane.
Orlando Sentinel (February 5, 2018): Homeownership rekindles following rise in renters
Washington Post (January 25, 2018): Financial planning can help reduce anxiety of buying a home
The New York Times (December 8, 2018): How Some States Are Helping First-time Homebuyers
The MReport (November 13, 2017): FinTech Fast Tracks Mortgages
REALTORMag (November 9, 2017): Newbie Buyers Make Smaller Down Payments
Urban Institute Blog (November 6, 2017): How fintech innovations can help bridge the wealth gap
Washington Post (November 2, 2017): New crowdfunding service offers home buyers a new source for down payment funds
HousingWire (September 1, 2017): Down Payment Resource SVP Sean Moss Named to 2017 HousingWire Insiders List
Marketwatch (August 25, 2017): With 30 programs and counting, home-equity sharing is one way to clear a down payment hurdle
Inman News (August 15, 2017): Down Payment Resource bolsters agent lead gen tool; Merging Down Payment Connect with Facebook ads can give agents an edge with first-time homebuyers
Realtor.com (August 14, 2017): What Do You Do? The Answer Determines How Long You Need to Save for a Home
HousingWire (August 14, 2017): Here’s how Texas is dealing with growing affordability concerns; A spotlight on down payment programs in Texas
Realtor.com (July 28, 2017): How to Buy a House: 4 Ways to Purchase Faster and Smarter
The MReport (July 11, 2017): Down, Down, Down Payments
The Denver Channel (July 2, 2017): Colorado housing credits every home buyer needs to know about; Down payment assistance can give buyers a chance
KCM Crew (June 26, 2017): 2 Myths Holding Back Homebuyers
CNBC (June 20, 2017): Is a 20 percent down payment out of reach? How to get around that
Scotsman Guide (June 22, 2017): Lenders move into no-downpayment territory
Westword (June 21, 2017): How Millennial Newcomers Have Made Buying a Home in Denver So Much Harder
NerdWallet (June 12, 2017): Down Payment Strategies for First-Time Home Buyers
The MReport (June 12, 2017): Lower Down Payments Make Homeownership More Accessible
CheatSheet (June 8, 2017): Simple But Effective Ways to Save Money for a House
Associated Press (May 31, 2017): Ways homebuyers can leap the down payment hurdle
Washington Post (May 16, 2017): 5 tips for millennials who want to buy a house–and keep their avocado toast
Realtor.com (May 9, 2017): Home Buyers’ Top Mortgage Fears: Which One Scares You?
Realtor.com (March 28, 2017): What Is the Standard Down Payment on a House?
DSNews (March 13, 2017): Low Down Payment Programs Attracting Millennials
HousingWire (March 1, 2017): 2017 HW Tech100 Winner: Down Payment Resource
Inman News (March 1, 2017): What agents should know about the massive growth of down payment assistance; What’s available where and to whom when it comes to a little down payment boost
The MReport (February 2, 2017): More Help Available for Homebuyers in 2016
Inman News (January 31, 2017): The ‘portal like’ consumer experience from Florida’s largest MLS; New listing site features unique predictive analytics tool that generates true cost of living
WFTS-TV, ABC affiliate in Tampa Bay (January 31, 2017): Real estate website aims to show you “true” cost of a home
Realtor.com (January 25, 2017): Buyers Alert: Should You Trade Future Home Equity for Down Payment Help?
NerdWallet (December 13, 2016): America’s Best Places for First-Time Homebuyers
Denver Business Journal (December 21, 2016): A Colorado city is among the 10 best in the nation for first-time homebuyers; here’s how 13 rank
Inman News (November 21, 2016): How affordable housing programs can help you list more homes
Baltimore Sun (October 15, 2016): Firm will invest in your new house and share in gains
U.S. News & World Report (October 14, 2016): How Homebuyers Can Receive Down Payment Assistance; Thousands of programs nationwide offer financial help to prospective buyers – and existing homeowners.
Realtor.com (September 28, 2016): 10 Priciest Metros Where Buyers Can Score the Most Down Payment Help
Realtor.com (September 26, 2016): How to Buy a Home Without a 20% Down Payment
Mic.com (September 22, 2016): Save for a home: Here’s how much money you need for a house — and how to budget.
Inman News (September 19, 2016): Can you explain down payments to clients?A comprehensive look at programs for buyers
The Denver Post (August 28, 2016): Down payment assistance is out there, but does it matter in Denver’s housing market?
Fox News (August 5, 2016): How Down Payment Assistance Can Help You Foot the Bill for a Home
The Housing Scene by Lew Sichelman (July 15, 2016): Tax Credit Certificates On the Rise
HousingWire (June 29, 2016):Home shoppers! Here are 6 tips to help save for your new home. Includes finding down payment programs and low-down payment loans.
RealtyBiz (June 17, 2016): DPR and eHome America Announce Expanded Partnership During National Homeownership Month
Marketwatch (June 12, 2016): How Americans are missing out on homebuying help; Down payment assistance programs can slash closing costs, but few buyers know about them.
Washington Post (June 11, 2016): A wealth of resources for first-time home buyers in the Washington area
Sun Sentinel (June 10, 2016): South Florida homebuyers benefiting from down payment assistance
Inman News (June 10, 2016): Down payment assistance saves more in most markets; RealtyTrac and Down Payment Resource analyze financial pros to buying with assistance
RISMedia (June 10, 2016): Down Payment Assistance Programs Save Qualifying Homebuyers More Than $17,000 on Average over Life of Loan
HousingWire (June 9, 2016): RealtyTrac: Down payment assistance saving homebuyers thousands; Homebuyers save average of $17,000
Yahoo! Finance (April 18, 2016): Now I Get It: Down Payments
Consumer Reports (March 2016 issue): How to Fund a Down Payment: Employ these strategies to obtain that all-important sum
Consumer Reports TV segment (March 3, 2016): ABC affiliates cover how to get a down payment with interest free loans and homebuyer counseling.
Inman News (February 29, 2016): How to give millennials the low-down on low down payments
Bankrate.com (February 9, 2016): Bankrate survey: Nearly half of renters are afraid they can’t buy; Down payment dilemma
Marketwatch (January 4, 2016): Why first-time homebuyers are staying on the sidelines; Down payments and education play a role
International Business Times (December 30, 2015): Millennials could jump into the housing market in 2016
Inman News (December 30, 2015): Why real estate isn’t a zero-sum game; Reduce competition by educating on-the-fence buyers about their home purchasing options
Expert Real Estate Tips with Ilyce Glink (October 28, 2015): Free Money to Help You Buy a Home; Ilyce Glink interviews Rob Chrane about down payment programs and how they can help homebuyers
Lifehacker (October 16, 2015): Down Payment Resource Finds Programs That Will Help You Buy a Home
Banker & Tradesman (October 14, 2015): Housing Scene: Quarterly Homeownership Program Index Debunks Five Down Payment Myths
Realty Biz News (October 14, 2015): Down Payment Resource debunks down payment myths and highlights the Q3 Homeownership Program Index
HousingWire (October 7, 2015): 5 common down payment misconceptions; What you don’t know could be holding you back
NewHomeSource.com (September 28, 2015): Debunking the down payment; New Home Source busts five common myths associated with down payments.
Scotsman Guide (September 23, 2015): Homebuying-assistance programs will proliferate with millennials, expert predicts. Q&A with Down Payment Resource CEO Rob Chrane.
Bankrate.com (September 14, 2015): 3 things you need to know before you get your 1st mortgage: Get preapproved, you don’t need 20% down and factor in your lifestyle.
The Street (August 25, 2015): Down Payment Assistance Programs For All Homebuyers; All across America, there are thousands of down payment assistance programs designed to help renters successfully transition into their own homes.
Brick Underground (August 19, 2015): Getting past the down payment problem–probably your biggest hurdle to buying an apartment
HousingWire (August 7, 2015): Rob Chrane’s column in HousingWire: 4 misconceptions buyers have about down payments, Do you need 20% down?
RealtyTrac Housing News Report (August 2015): Rob Chrane’s My Take column: Homebuyers’ Use of Down Payment Programs is Poised to Grow
Inman News (July 27, 2015): Down Payment Resource unveils ‘We turn home searchers into homeowners’ campaign; Realtors and lenders leverage company’s database of down payment assistance programs to match more borrowers to funding opportunities
Syndicated column, The Housing Scene by Lew Sichelman (July 17, 2015): Finding Help With the Down Payment; Homebuyers may be missing out on a wide range of programs that can help them afford their purchases — programs their agents either don’t know about or don’t want to bother with.
Inman News Tech Profile (July 8, 2015): Rob Chrane: ‘People, not technology, support my daily responsibilities’; Down Payment Resource president and CEO talks people power and tech
Saporta Report: Thought Leaders column (June 29, 2015): Why we should all care about housing affordability
RealtyTrac Report (June 23, 2015): 2015 Low Down Payment Buyer Affordability and Accessibility Analysis; 90 Percent of U.S. Markets Analyzed Still More Affordable than Historic Averages; Average Down Payment Program Benefit – $10,443
Inman News (June 10, 2015): 2 most harmful words in real estate; Finding housing that’s affordable for all buyers should be a priority
RealtyTrac Report (June 3, 2015): Q1 2015 U.S. Home Purchase Down Payment Report; Average Down Payment Drops to Three-Year Low of 14.8 Percent for U.S. Home Purchased in the First Quarter
Agent Magazine (May 25, 2015): Rob Chrane Viewpoints column; Thoughts on housing’s most pressing issues.
Inman News (May 20, 2015): Down payment assistance website offers gold mine for potential buyers; Down Payment Resource’s online database offers buyers — and real estate pros — thousands of different programs to help them buy a home
Inman News (May 18, 2015): Homes for heroes and how you can help; What you can do to help your local service members, teachers
Associated Press (April 16, 2015): Tips for parents considering helping their child buy a home
Washington Post (April 10, 2015): Lenders offer new options for first-time and credit-challenged homebuyers
Inman News (April 3, 2015): A tale of bond programs and Ben Affleck; Do down payment programs come with Hollywood endings?
San Antonio Express-News (February 20, 2015): Help available for a house down payment
Chicago Tribune (February 11, 2015): Mortgage assistance is available, but you’ll often have to ask for it
Scotsman Guide (February 4, 2015): Study: Down payment programs are underused
HousingWire (February 4, 2015): 87% of properties qualify for down payment assistance. The biggest obstacle for first-time homebuyers?
Credit Union Times (February 4, 2015): Down payment aid available everywhere: Report
National Real Estate Post (February 5, 2015): Awesome down payment assistance website helps you and your buyers find available programs
Realtor.com (February 4, 2015): Free Money: $12,000 for Down Payment, Why Aren’t You Applying?
The Home Story (February 4, 2015): 5 TIPS ON SAVING FOR A DOWN PAYMENT (BEYOND THE BANK OF MOM AND DAD)
Inman News Select (January 27, 2015): Don’t let down payment obstacles deter millennial buyers. Many wrongly believe all loans require hefty upfront cash, stringent qualifications.
Huffington Post blog (January 7, 2015): Resolve to Buy a Home With These 10 Must-Do Steps (Down Payment Resource listed as tip #6)
RealtyTrac Report (November 4, 2014): THE BIGGEST DRAG ON HOMEOWNERSHIP: DOWN PAYMENTS OR DEBT? (Report observation: Down payment assistance programs are a resource many buyers don’t utilize)
DS News (November 4, 2014): Report: Non-Mortgage Debt Dragging Homeownership Even With Lower Down Payment
“The narrative is that it’s too hard to get a loan today and when first-time buyers believe that, they won’t even begin their search. That hurts the overall housing market,” Rob Chrane of Down Payment Resource said. “Consumers for the most part have no idea that these programs exist, so they don’t think to ask for them. Whatever your situation is, whatever you have for a down payment, you could be in a much better situation if you find out you are eligible for one of these programs.”
Marketwatch (November 5, 2014): Saving for a down payment? It could take you to 2027.
Credit Union Times (November 4, 2014): Debt trumps down payments (RealtyTrac’s housing affordability analysis. DPR included.)
Bankrate.com and other publications (November 10, 2014): First-timers must obey these seven commands.
Consider down-payment assistance. Many first-timers assume that programs offered by state and local housing authorities are only for low-income candidates, says Rob Chrane, head of Down Payment Resource. But numerous programs are available for middle-income buyers; some offer no-interest loans or grants.
Thought Leadership Perspective in FSO Knowledge Xchange (October 22, 2014): An overlooked gift from the CFPB (DPR CEO Rob Chrane authors thought leadership perspective on the HFA exemption)
Vendor Alley (October 17, 2014): Down Payment Resource launches in two new markets
“I really think this is a great resource for agents and consumers.” – Greg Robertson
Inman News (October 16, 2014): Got first-time buyers? More and more MLSs offer down payment assistance tool (Down Payment Resource now available through 20 MLSs and Realtor Associations, including the newest Realcomp and Central Virginia Regional MLS.)
American Banker (September 10, 2014): How Banks Can Help Young Homebuyers Manage Student Debt (Down Payment Resource cited as a solution for young buyers)
Washington Post (September 5, 2014): Need a hand to buy a home? A gift toward the down payment can help (Down Payment Resource highlighted as a tool to find help for your down payemnt)
New Home Source (September 2014): Down Payment Assistance Programs: How to Find Help to Buy a Home (DPR CEO Rob Chrane interviewed)
Lodi News-Sentinel (August 29, 2014): Down payment assistance available for home buyers (Column by the president of the Lodi Association of Realtors)
National Mortgage News (June 25, 2014): Mortgage Originators Can Rise to the Student-Debt Challenge. DPR cited as a solution to help more first-time homebuyers find available homeownership programs.
Idaho Business Review (June 19, 2014): New MLS program aims to help homebuyers (Intermountain MLS and Down Payment Resource partnership highlighted)
Idaho Statesman (June 19, 2014): New tool links Treasure Valley home buyers with housing-finance help (Intermountain MLS and Down Payment Resource partnership highlighted)
Sarasota Herald-Tribune (June 13, 2014): Expert touts mortgage down-payment help (Highlights down payment assistance options and how My Florida Regional MLS uses DPR to educate Realtors and homebuyers about available programs)
Inman News (June 13, 2014): 9 out of 10 homebuyer assistance programs have funding (Features the Down Payment Resource Homeownership Program Index)
Chicago Agent Magazine (June 2, 2104): The Short List: Russ Bergeron’s Best-Kept MRED Secrets For 2014 (Down Payment Resources makes industry leader Russ Bergeron’s top 5 list)
WILX-TV, NBC affiliate (April 24, 2014): Down Payment Assistance Now Easier for Homebuyers (Greater Lansing Association of Realtors hosted a Down Payment Resource open house weekend)
Lansing State Journal (April 25, 2014): Lansing Realtor group launches down payment assistance program for prospective buyers (Highlights Greater Lansing Association of Realtors and Down Payment Resource partnership)
Fox Business (April 16, 2014): How to find financial assistance for your down payment (Down Payment Resource president Rob Chrane quoted about the lack of awareness of programs and types available today)
Bankrate.com (April 10, 2014): Down Payment Assistance is Still Available (Down Payment Resource president Rob Chrane quoted about options available for consumers)
Inman News (March 20, 2014): Honolulu MLS is latest to show which properties may qualify for down payment assistance (HiCentral MLS and Down Payment Resource partnership highlighted)Pacific Business News (March 20, 2014): Honolulu MLS adding new technology to help homebuyers looking for down payment assistance
The Washington Post, The Nation’s Housing column (February 15, 2014): Housing columnist Kenneth Harney highlights some ways younger buyers can bridge the gap with help on down payments and closing costs. Down Payment Resource is featured.
Albuquerque Business First (February 13, 2014): Greater Albuquerque Association of REALTORS partners with buyers’ assistance program. (Partnership with Down Payment Resource highlighted)
The Washington Post, The Nation’s Housing column (January 23, 2014): In the wake of new housing regulations, housing columnist Kenneth Harney highlights practical mortgage strategies for today’s buyers. Down Payment Resource featured.
Bankrate (November 12, 2013): Should homebuyers get FHA loans? (Down Payment Resource president Rob Chrane quoted about the opportunities homebuyers have through down payment assistance and homebuyer programs.)
Homebuyer column Peter G. Miller (November 11, 2013): First-time assistance (Down Payment Resource highlighted as a source for discovering programs that may be available in your area.)
Inman News (September 23, 2013): Two more MLSs sign up for Down Payment Resource. Tool will flag more than 70 percent of listings in both markets as eligible for assistance.
The Washington Post (August 29, 2013): For Washington area, real estate market turnaround is in full swing (Down Payment Resource president Rob Chrane quoted regarding the impact of mortgage regulations.)
MSN Real Estate (August 8, 2013): Your condo-buying cheat sheet: Priced out of a backyard? Here’s what you need to know before you buy a condo. (Down Payment Resource featured as a tool to help prospective buyers.)
Inman News feature (June 7, 2013): DownPaymentResource.com outgrowth of tool for MLSs
Fox 5 San Diego: (Feb. 26, 2013): New online tool helps buyers with down payment. View the Article.
San Diego Union Tribune (Feb. 20, 2013): How to get help with your down payment. View the Article.
Nevada TV and print coverage (June 2012): Features the launch of Down Payment Resource in Northern Nevada. View all articles and videos.
Business Insider (February 10, 2012): “Here’s Where You Can Look If You Need Help With A Down Payment On A New Home” View the Article.
Atlanta Journal-Constitution’s HomeFinder (February 5, 2012): “Make a thorough search for down payment help” View the Article.
FrogPond.com (October 2011): “Industry Visionary Profile: Rob Chrane” View the Article.
Equifax’s Finance Blog (October 7, 2011): “Home Buying: The Low Down on No Down Payment Mortgages” View the Article.
Chicago Agent Magazine (October 3, 2011): “MRED’s Down Payment Assistance Program Bridges Gap for Homebuyers” View the Article.
Arizona Daily Star (October 2, 2011): “Resource helps link buyers to homes” View the Article.
Inman News (September 30, 2011): “MRED to offer down payment assistance tool” View the Article.
Builder Magazine (September 20, 2011): “New Software Matches Down-Payment Assistance Programs with Properties, Buyers” View the Article.
Inman News (August 11, 2011): “5 tech tools give real estate agents an edge” View the Article.
Atlanta Journal Constitution (June 10, 2011): “Tough real estate market inspires creativity all around” View the Article.
Chicago Tribune (April 8, 2011): “Multiple listing service provider broadens its scope” View the Article.
Inman News (March 21, 2011): “Matching buyers with down-payment assistance Service identifies which programs a particular property qualifies for” View the Article.
Inman News (February 28, 2011): “MLS tool seeks down-payment assistance matches” View the Article.
Star Tribune, Twin Cities (February 18, 2011): “Free down payment cash?” View the Article.