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2017 HW Tech100 Winner: Down Payment Resource

Automates the process of matching buyers to homebuyer programs

Tech100 2

Down Payment Resource

 

LENDING, REAL ESTATE 

Down Payment Resource automates the process of matching buyers and properties to available homebuyer programs. DPR works with more than 1,000 housing agencies to find and update information about local, state and national homebuyer programs.

DPR’s proprietary rules engine executes against this database and automates the process of matching buyers, properties and homeownership programs by evaluating where and how the programs can be applied. DPR places eligibility criteria and benefits information at the fingertips of real estate professionals and lenders and it’s updated monthly for accuracy and reliability.

In 2016, visitors to DownPaymentResource.com increased by 122% and down payment program searches completed increased 39%.

downpaymentresource.com

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A key area where lenders can improve the bottom line HW+

As rates continue to rise and lenders adjust to markedly tighter profit margins, the hunt is on for opportunities to improve operational costs. In light of that, HousingWire Content Solutions Managing Editor Maleesa Smith sits down with Sara Kodikara, Sr. Professional of Product Management at CoreLogic, to discuss a key area where lenders could improve their bottom line. 

3d rendering of a row of luxury townhouses along a street

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