Residents of California now have access to a tool designed to tell them if they are eligible for down payment assistance programs, reported Mercury News. 

The California Association of Realtors launched the California Mortgage Resource Directory in order to give homebuyers up-to-date information and an easy way to find down payment programs. 

"Millions of dollars go unused every year because home buyers are unaware of the various buyer assistance programs available to them," said Don Faught, the state's group president. "With California Mortgage Resource Directory, Realtors and buyers can quickly connect with any number of home buyer resources without having to search within each municipality individually."