How do I find out if a client qualifies for one of the down payment assistance programs? Do I have them contact DPR to arrange financing?
There are two ways to find out if a client qualifies for one or more assistance programs:
Option 1
Find the link to the Down Payment Resource (DPR) Member Home Page on your MLS site's home page. Once on the DPR Member Homepage, click on Create a Customer File, enter your customer's contact info, save it then return to Start. Click on New Search, enter the street address and zip and your client's information.
After that, click Submit and you'll see the Summary View of the results. You can click on Next Steps to see complete details and how to proceed for each program in the results. There you'll see what lenders can arrange the financing, which education providers are approved and how to contact the program administrator.
Click on Back to Summary and you can email the results to your client if you chose. Either way you'll be asked to save the results and attach it to the customer file you set up before searching.
Option 2
From the DPR Member Home Page, click Down Payment Connect and/or DPR on your IDX Site and follow the step-by-step instructions to use an approved DPR image and embed it with a URL unique to you. Once these tools are set up you can send the image/link to any client, or clients may access the link via your IDX site, so they can complete the Eligibility search themselves and you'll be emailed their results.
*While we're talking about the DPR Marketing Tools, be sure to take a few minutes to click on the Marketing Resources link also found on the DPR Member Home Page. You'll find more tips and best practices as well as several short training modules.
Please sign in to leave a comment.
Comments
0 comments