{"id":7198,"date":"2021-11-29T12:05:23","date_gmt":"2021-11-29T17:05:23","guid":{"rendered":"https:\/\/downpaymentresource.com\/?page_id=7198"},"modified":"2024-12-12T13:56:54","modified_gmt":"2024-12-12T18:56:54","slug":"press","status":"publish","type":"page","link":"https:\/\/downpaymentresource.com\/press\/","title":{"rendered":"Press"},"content":{"rendered":"
FinLocker’s Fintech Fridays<\/a> (September 13, 2024): Brian Vieaux sits down with the CEO of Down Payment Resource Rob Chrane to discuss the importance of down payment assistance (DPA) programs in helping first-time homebuyers and how DPA can be a valuable tool for loan officers to win at the top of the funnel.<\/p>\n<\/div><\/div>\n\n\n\n CMBA Connect Podcast<\/a> (July 23, 2023): Tune in as Down Payment Resource CEO Rob Chrane joins Susan Milazzo to delve into the Down Payment Resource story and shed light on how homebuyer assistance programs can be a game-changer for both mortgage lenders and homebuyers.<\/p>\n\n\n\n Scotsman Guide Author Showcase<\/a> (June 12, 2023): Carl White interviews Rob Chrane of Down Payment Resource about his article, \u201cClear Up the Confusion on These Offerings,\u201d<\/a> in the June 2023 issue of Scotsman Guide Residential Edition.<\/p>\n\n\n\n NAR Real Estate Today Podcast<\/a> (March 31, 2023): In this episode of NAR’s Real Estate Today podcast, Sean Moss of Down Payment Resource takes us through a variety of down payment assistance plans and says why it\u2019s a mistake to assume you don\u2019t qualify for one.<\/p>\n\n\n\n Fairway’s Homeownership Insights podcast<\/a> (March 23, 2023): Down Payment Resource CEO Rob Chrane shares the best ways to find down payment help in this episode of the Homeownership Insights\u2122 podcast.<\/p>\n\n\n\n National Mortgage Professional’s Gated podcast<\/a> (March 1, 2023): Down Payment Resource’s EVP or Product and Operations Sean Moss joins Gated to dispel myths around DPA and why they\u2019re more important than ever given current market conditions. <\/p>\n<\/div><\/div>\n\n\n\n Mortgage Coach Interview<\/a> (December 19, 2022): Watch this interview with Down Payment Resource CEO Rob Chrane to learn how Zillow generated 1M leads last year while educating first-time home buyers about DPA loans.<\/p>\n\n\n\n Talk Data to Me Podcast<\/a> (November 7, 2022): On this episode of Certified Credit’s Talk Data To Me podcast, Rob Chrane breaks down how lenders can leverage data from our Q3 Homeownership Program Index to serve more borrowers and make smarter lending decisions.<\/p>\n\n\n\n NAR Real Estate Today Podcast<\/a> (September 30, 2022): Down Payment Resource Strategic Projects Director Marcy Ash discusses how down payment assistance programs can be a big help to first-time buyers.<\/p>\n\n\n\n The First-Time Homebuyer Podcast<\/a> (August 29, 2022): Laura Moreno, founder of HomeFlow, and Down Payment Resource’s Sean Moss discuss the over 2,200 down payment programs available for homebuyers and how to find them.<\/p>\n\n\n\n Vendor Alley – Industry Relations Podcast<\/a> (June 30, 2022): Rob and Greg are joined by Rob Chrane of Down Payment Resource. They talk about the many programs that are available that people are missing out on and what paths can be taken to afford a home in today\u2019s market.<\/p>\n\n\n\n Wells Fargo Funding Connect Series – Down Payment Assistance<\/a> (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.<\/p>\n\n\n\n Real Estate Today – How to Buy a House<\/em><\/a> (January 7, 2022): If you\u2019re 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.<\/p>\n<\/div><\/div>\n\n\n\n Real Estate Today – Scary Things!<\/em><\/a> (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.<\/p>\n\n\n\n TSAHC On the House Podcast: Busting Common DPA Myths<\/a> (June 11, 2021): In honor of National Homeownership Month, TSAHC sat down with Sean Moss, Down Payment Resource\u2019s Senior Vice President and Director of Operations, to debunk some common myths that home buyers hear about down payment assistance.<\/p>\n\n\n\n Wells Fargo Funding Diverse Segments Podcast: Down Payment Assistance Programs<\/a> (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.<\/p>\n\n\n\n HomeFlow \u2013 The First-Time Homebuyer Podcast<\/a> (January 20, 2021): How To Access The Billions Of Dollars of Free Money Available to First Time Home Buyers, with Rob Chrane \u2013 CEO, Down Payment Resource.<\/p>\n<\/div><\/div>\n\n\n\n Real Estate Uncensored Podcast<\/a> (September 3, 2020): Where can agents find down payment assistance programs for their clients? What\u2019s holding us back from making our customers\u2019 dreams a reality? In this episode, Founder and CEO of Down Payment Resource, Rob Chrane, shares how to find help for your clients.<\/p>\n\n\n\n Rent, Move, Buy Podcast<\/a> (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\u2019ll talk about different down payment options, particularly for first-time homebuyers, and how down payment assistance programs work across the country.<\/p>\n\n\n\n Listing Bits Podcast<\/a> (February 14, 2020): Getting People in Homes with Down Payment Assistance \u2013 with Rob Chrane<\/p>\n<\/div><\/div>\n\n\n\n Home Starts Here Podcast<\/a> (October 2019): Creating Solutions to Affordable Housing Challenges<\/p>\n<\/div><\/div>\n\n\n\n <\/p>\n\n\n\n Inman News<\/a> (November 21, 2024): David Childers with Keeping Current Matters shares answers to the most common questions agents are receiving right now, including how DPA can help agents position their clients for opportunities to buy in the coming year.<\/p>\n\n\n\n USA Today<\/a> (November 13, 2024): Down Payment Resource EVP of Product and Operations Sean Moss offers some insight about how homebuyers can purchase multi-family properties using down payment assistance programs.<\/p>\n\n\n\n Bankrate<\/a> (November 4, 2024): Down Payment Resource CEO Rob Chrane offers his advice for first-time homebuyers facing today’s tough market: don’t overlook homebuyer assistance programs.<\/p>\n\n\n\n MBA NewsLink<\/a> (October 23, 2024): Down Payment Assistance is a growing part of the lender\u2019s purchase business arsenal, so MBA Newslink interviewed Rob Chrane, founder and CEO of Down Payment Resource, to discuss the evolution of this market.<\/p>\n\n\n\n MBA NewsLink<\/a> (October 22, 2024): Reports the findings from the Q3 2024 Homeownership Program Index<\/a>. The 29 programs added in Q3 puts the number of homebuyer assistance programs up 192 from Q3 2023, or an 8% increase.<\/p>\n\n\n\n HousingWire<\/a> (October 21, 2024): Reviews the findings from the Q3 2024 Homeownership Program Index<\/a> and how newly added DPA programs also target first-time homebuyers through access to homes that are priced below market rates.<\/p>\n\n\n\n National Mortgage Professional<\/a> (October 21, 2024): Highlights the findings from the Q3 2024 Homeownership Program Index<\/a>, including the 5% increase in programs for first-generation homebuyers.<\/p>\n\n\n\n USA Today<\/a> (September 26, 2024): Down Payment Resource education and data was cited in this article on ways homebuyers can find out how much house they can afford, including down payment assistance options.<\/p>\n\n\n\n Washington Post<\/a> (September 20, 2024): Michele Lerner designs an informational quiz prospective homebuyers can use to dispel common myths while determining how much they know about buying a home. <\/p>\n\n\n\n Spectrum News 1<\/a> (August 25, 2024): Canopy Multiple Listing Service (MLS) based in Charlotte, NC recently partnered with Down Payment Resource, and the tools have been “a game changer” for their agents.<\/p>\n\n\n\n MBA Newslink<\/a> (August 8, 2024): Down Payment Resource’s Rob Chrane teamed up with Stacey Epperson of NextStep on an article about the growing number of down payment assistance programs that support the purchase of manufactured housing.<\/p>\n\n\n\n National Mortgage Professional<\/a> (July 24, 2024): Highlighting the findings from the Q2 2024 HPI, reporting on the growing number of available homebuyer assistance programs.<\/p>\n\n\n\n MBA Newslink<\/a> (July 24, 2024): Chris Mock, Vice President of Mortgage Verification Solutions with Equifax Workforce Solutions, and Down Payment Resource CEO Rob Chrane discuss how data and homebuyer assistance programs can help lenders support more consumers on their path to homeownership.<\/p>\n\n\n\n HousingWire<\/a> (July 23, 2024): Highlighting the findings from the Q2 2024 HPI, reporting on how federal money often provides funding for buyers in need of upfront financial help.<\/p>\n\n\n\n Zillow<\/a> (June 20, 2024): Down Payment Resource lends data to Zillow to determine average down payments for U.S. homebuyers, and how down payment assistance can offset these costs.<\/p>\n\n\n\n Inman News<\/a> (May 28, 2024): By making homeownership more affordable, Bernice Ross writes, DPA enhances the value agents bring to the table and plays a vital role in making homeownership more accessible.<\/p>\n\n\n\n National Mortgage Professional<\/a> (May 21, 2024): Joniel LeVecque, senior director of single-family programs at Texas State Affordable Housing Corporation (TSAHC), writes about DPA, debunking the myths and citing our study with the Urban Institute showing more than 30% of mortgage loan applications that are denied every year could have potentially been salvaged with DPA.<\/p>\n\n\n\n MBA Newslink<\/a> (April 25, 2024): Highlighting the findings from the Q1 2024 HPI<\/a>, reporting that 79 homebuyer assistance programs were added in the first quarter, to hit 2,373 total. That\u2019s an increase of 9% year-over-year.<\/p>\n\n\n\n HousingWire<\/a> (April 9, 2024): Heartland MLS joins forces with Down Payment Resource – DPR will now provide support to Heartland MLS’s network of 12,000 agents.<\/p>\n\n\n\n MBA Newslink<\/a> (March 12, 2024): Down Payment Resource CEO Rob Chrane shares important research findings regarding lenders that are allowing FHA borrowers leave DPA on the table.<\/p>\n\n\n\n The Mortgage Note<\/a> (March 11, 2024): Down Payment Resource’s Executive Vice President of Product and Operations Sean Moss discusses down payment options for homebuyers. <\/p>\n\n\n\n National Mortgage Professional<\/a> (March 11, 2024): Down Payment Resource’s Executive Vice President, HFA Relations Veronica Khandelwal was named a National Mortgage Professional Magazine\u2019s 2024 Mortgage Lending Women of Inspiration. <\/p>\n\n\n\n MBA Newslink<\/a> (February 8, 2024): Highlighting the findings from the Q4 2023 Homeownership Program Index<\/a>, revealing a year-over-year increases in the total number of programs being offered.<\/p>\n\n\n\n MortgageOrb<\/a> (January 31, 2024): As affordability eroded, due to higher mortgage rates and record-high home prices, downpayment assistance programs flourished during 2023, increasing 6% compared with 2022, according to Down Payment Resource<\/a>.<\/p>\n\n\n\n HousingWire<\/a> (January 30, 2024) Highlighting the findings from the Q4 2023 Homeownership Program Index<\/a>, revealing 135 new homebuyer assistance programs introduced in 2023, a 6% increase over the previous year.<\/p>\n\n\n\n NMP Magazine<\/a> (January 1, 2024): Down Payment Resource’s Executive Vice President of Product and Operations Sean Moss has been selected as an Industry Titan by National Mortgage Professional (NMP) magazine.<\/p>\n<\/div><\/div>\n\n\n\n MBA Newslink<\/a> (November 13, 2023): According to the Q3 2023 Homeownership Program Index<\/a>, a total of 1,373 agencies provide assistance to aspiring homeowners as affordability worsens, a 3.7% increase over the previous quarter.<\/p>\n\n\n\n The Housing Scene<\/a> (November 10, 2023): Lew Sichelman discusses the down payment benefits available for vets and military personnel.<\/p>\n\n\n\n National Mortgage Professional<\/a> (November 10, 2023): Down Payment Resource report highlights 61 programs offering up to $120,000 in assistance to help veterans build, buy, or make accessibility-related home renovations.<\/p>\n\n\n\n MReport<\/a> (November 9, 2023): Covers the findings from the Q3 2023 Homeownership Program Index<\/a>, including the 43 homebuyer assistance programs available in 14 states that are designed to support Native Americans.<\/p>\n\n\n\n Yahoo Finance<\/a> (November 9, 2023): Discusses the findings from the Q3 2023 Homeownership Program Index<\/a>, which uncovered 295 homebuyer assistance programs that allow borrowers to lower their interest rates by paying an upfront fee.<\/p>\n\n\n\n HousingWire<\/a> (November 9, 2023): Highlighting the findings from the Q3 2023 Homeownership Program Index<\/a>, revealing 2,256 homebuyer assistance programs are available in the U.S. housing market after 54 programs were added in the third quarter.<\/p>\n\n\n\n Realtor.com<\/a> (October 23, 2023): EVP of Product and Operations at Down Payment Resource Sean Moss is quoted in this article regarding cities that make the largest\u2014and smallest\u2014down payments.<\/p>\n\n\n\n The Washington Post<\/a> (September 21, 2023): Down Payment Resource EVP Sean Moss discusses the abundance of homebuyer assistance available in the D.C. area and to access them.<\/p>\n\n\n\n Inman<\/a> (August 9, 2023): Zillow Senior Economist Orphe Divounguy discusses how Zillow is working to help educate homebuyers on their down payment options through their partnership with Down Payment Resource.<\/p>\n\n\n\n Forbes<\/a> (August 8, 2023): Rob Chrane, CEO of Down Payment Resource, was quoted in this article that illustrates a path to homeownership for Gen Z buyers through homebuyer assistance.<\/p>\n\n\n\n MReport<\/a> (July 25, 2023): Down Payment Resource released its Q2 2023 Homeownership Program Index (HPI)<\/a>, which revealed a second consecutive quarterly uptick of 0.5% in the number of homebuyer assistance programs available to help people finance homes, raising the overall number of programs to 2,373.<\/p>\n\n\n\n Ohio Land Title Association<\/a> (July 23, 2023): Veronica Khandelwal, VP of HFA Relations at Down Payment Resource, contributed an article to the Ohio Land Title Association’s July “Title Topics” newsletter that debunks myths surrounding DPA and mortgage default risks. <\/p>\n\n\n\n Scotsman Guide<\/a> (June 2, 2023): In this feature, Down Payment Resource CEO Rob Chrane explains how loan officers and brokers can better serve the millions of Americans who want to build wealth through homeownership but need financial support and education to make it happen.<\/p>\n\n\n\n RISMedia<\/a> (May 11, 2023): The Houston Association of REALTORS\u00ae has announced it has implemented Down Payment Resource to bring Greater Houston area homebuyers\u2019 attention to homebuyer assistance programs in the wake of declining housing affordability.<\/p>\n\n\n\n National Mortgage Professional<\/a> (May 3, 2023): Down Payment Resource adds 4 new staff members to support new client acquisition and enhance client service.<\/p>\n\n\n\n MReport<\/a> (May 1, 2023): Highlights the key findings from Down Payment Resource’s Q2 2023 Homeownership Program Index, which reflects a 0.5% increase in the number of programs since Q1 2023.<\/p>\n\n\n\n Multi-Housing News<\/a> (March 8, 2023): MHN Columnist Lew Sichelman chats with Down Payment Resource CEO Rob Chrane about the hundreds of underutilized programs that help multifamily investors get their start.<\/p>\n\n\n\n The Mortgage Note<\/a> (February 10, 2023): Down Payment Resource EVP Sean Moss was interviewed for this article regarding the benefits of using DPA for multi-family properties.<\/p>\n\n\n\n MBA Newslink<\/a> (January 31, 2023): In this feature, Rob Chrane explains how lenders can increase loan pull-through, earn borrower loyalty and build referral networks by offering DPA guidance to consumers who need financial assistance to achieve homeownership.<\/p>\n\n\n\n MReport<\/a> (January 30, 2023): Highlighting the findings from Down Payment Resource’s Q4 2022 Homeownership Program Index, which revealed an increase in the number of available programs for the fifth consecutive quarter.<\/p>\n\n\n\n Mortgage Women Magazine<\/a> (January 27, 2023): Marcy Ash has been named a 2023 Women of Tech by Mortgage Women Magazine. As our former director of strategic projects, Marcy played a key role in helping the mortgage industry advance affordable homeownership with digital tools that make homebuyer and down payment assistance support more accessible.<\/p>\n\n\n\n National Mortgage Professional<\/a> (January 2023): Our Founder and CEO Rob Chrane has been selected to National Mortgage Professional’s list of 2023 Industry Titans.<\/p>\n<\/div><\/div>\n\n\n\n Inman News<\/a> (December 16, 2022): According to Zillow, 1M users have queried its Down Payment Resource database since the real estate search portal partnered with the data provider a year ago as home prices soared.<\/p>\n\n\n\n National Mortgage News<\/a> (October 13, 2022): Down Payment Resource CEO Rob Chrane writes an opinion piece on why lenders should be concerned about institutional housing investors.<\/p>\n\n\n\n Redfin<\/a> (October 6, 2022): Redfin announces their partnership with Down Payment Resource, launching their Down Payment Assistance Feature to help make homeownership more attainable.<\/p>\n\n\n\n NEWS4SA Segment<\/a> (September 15, 2022): Sean Moss, EVP of Product & Operations at Down Payment Resource, had a chance to chat with NEWS4SA about bringing down payment assistance information to San Antonio homebuyers through our new partnership with the San Antonio Board of REALTORS\u00ae.<\/p>\n\n\n\n MReport<\/a> (August 23, 2022): Down Payment Resource’s CEO, Rob Chrane, is interviewed in this article, which emphasizes the importance of building awareness of down payment assistance for today’s homebuyers.<\/p>\n\n\n\n The Washington Post<\/a> (August 4, 2022): Referencing Down Payment Resource’s analysis of declined loans, Michelle Lerner points out that industry experts could have saved loans with homebuyer assistance.<\/p>\n\n\n\n MReport<\/a> (August 4, 2022): Down Payment Resource’s most recent Homeownership Program Index (HPI) reveals an increase in available programs for the third consecutive quarter, despite economic woes.<\/p>\n\n\n\n MReport<\/a> (August 3, 2022): Reporting on Down Payment Resource’s declined loan analysis, which revealed one-third of declined loans were eligible for homebuyer assistance.<\/p>\n\n\n\n National Mortgage News<\/a> (July 20, 2022): Down payment aid programs have proliferated, but is anyone using them? Down Payment Resource’s Homeownership Program Index rose by 1.6% on a quarter-to-quarter basis, with a net increase of 36 programs to 2,273.<\/p>\n\n\n\n National Mortgage Professional<\/a> (July 19, 2022): Highlights the Q2 2022 Homeownership Program Index, which revealed a 2% increase in available programs.<\/p>\n\n\n\n The Mortgage Reports<\/a> (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.<\/p>\n\n\n\n National Mortgage Professional <\/a>(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?<\/p>\n\n\n\n HousingWire<\/a> (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.<\/p>\n\n\n\n MBA Newslink<\/a> (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.<\/p>\n\n\n\n Mortgage Professionals America Magazine<\/a> (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.<\/p>\n\n\n\n The Mortgage Reports<\/a> (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.<\/p>\n\n\n\n MReport<\/a> (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.<\/p>\n\n\n\n Florida Realtors<\/a> (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.<\/p>\n\n\n\n Realtor.com<\/a> (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<\/a> where consumers can see if they are eligible for programs that can help fund their home purchase.<\/p>\n\n\n\n Realtor.com <\/a>(April 5, 2022): Down Payment Resource’s vice president of HFA Relations, Veronica Khandelwal, was quoted regarding down payment grants.<\/p>\n\n\n\n National Mortgage News<\/a> (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.<\/p>\n\n\n\n The Mortgage Reports<\/a> (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”. <\/p>\n\n\n\n MBA Newslink<\/a> (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.<\/p>\n\n\n\n MReport<\/a> (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.<\/p>\n<\/div><\/div>\n\n\n\n Inman News<\/a> (December 16, 2021): How agents can utilize Zillow’s Down Payment Resource deal<\/p>\n\n\n\n Zillow.com<\/a> (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.<\/p>\n\n\n\n Inman News<\/a> (September 29, 2021): California Regional MLS bakes in Down Payment Resource tool<\/p>\n\n\n\n National Mortgage News<\/a> (August 20, 2021): Down payment help is available across the country and could help ease the affordability crisis. \u201cThere isn\u2019t a county in this country where there\u2019s not some kind of down-payment help available,\u201d said Sean Moss, director of operations at Down Payment Resource.<\/p>\n\n\n\n2023<\/h2>
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