Down Payment Resource FAQS
Is there a way I can search for programs for my clients?
Yes! The Client Search tool will allow you to search for programs in your market, save searches, and even share search results with your clients. You can access the tool from the DPR Dashboard.
How do I get my preferred lender displayed in the program details?
DPR provides links (when applicable) to the program provider’s participating lender list in the program details. Most of the time, lenders will have to work with the program provider, and meet their approval process requirements, to become a participating lender.
How does a buyer qualify for a homebuyer program?
Much like qualifying for a mortgage, approval is based on criteria such as household income, credit, debt-to-income ratios, etc. A participating lender will work with the buyer and program provider to get the buyer approved for assistance.
Do buyers have to take a homebuyer education course to be approved for a homebuyer program?
Homebuyer education is required for most programs, especially for first-time buyers. DPR provides a link (when applicable) to the approved homebuyer education providers for each program in the program details.
What qualifications does a property listing need to be eligible for a homebuyer program?
A property may be eligible if it meets a homebuyer program’s location and sales price requirements.
How do I add the DPR icon to my listing?
You don’t need to do anything additional. DPR will scan the MLS database nightly and automatically add the DPR icon to all eligible properties.
I want to find out which homebuyer programs a property may be eligible for before it’s listed. How do I do this?
The DPR Pricing Tool can help you determine pricing for a listing, based on homebuyer program sales price requirements. You can find the tool on the DPR Dashboard.
Updated October 2021