Get to Know Down Payment Resource (DPR)
GET TO KNOW DOWN PAYMENT RESOURCE (DPR)
What is DPR?
Down Payment Resource (DPR) is a national database and matching
engine that includes over 2,300 homeownership programs throughout the United
States. DPR is integrated into the BLC Listing Service and is available to use
through your BLC subscription.
Why Should I Use it?
DPR is useful for you to help your clients find down payment
assistance they may need. It offers various programs including loans, grants,
and tax credits that your clients may be eligible to receive. This assistance
can help them secure their down payment faster, cover closing costs, and get
into a home sooner.
How Does It Work?
DPR is integrated directly
into the BLC Listing Service. To access DPR details, you can click on the
“Additional Info” tab from a listing in the BLC. From there, you will select
“Down Payment Resource” under the Tools column. You can also access DPR from
your MIBOR Central dashboard by selecting the DPR icon under BLC tools.
Additionally, you can access Down Payment Connect, the consumer version of this
tool that you can share directly with your clients to use.
Related Articles
Down Payment Resource = Y/N
This is the identifier for whether a listing has a Down Payment Resource program associated, and triggers the link to appear on the listing in Additional Info. When DPRYN= Yes is selected in listing search, the results that populate will have the DPR ...
Payment Calculator
The payment calculator computes total monthly payment estimates along with an optional amortization schedule. To access the calculator, click on the Reports icon on the navigation menu bar. Then, click the Payment Calculator link in the Financial ...
Can a buyer ask the seller to pay the buyer’s broker in further conditions on the PA? Is it OK if, as soon as we get a showing notification, we e-mail/text/call the buyer’s agent and let that person know we will co-op a commission?
Yes. E-mailing, texting, or calling are acceptable means for you to communicate individually with the agents you need to communicate with. The conversation just can’t be facilitated through the BLC. As far as the purchase agreement, IAR currently ...
How do I know if a client received/saw an auto email?
If you are trying to view Client Activity without waiting on a notification, the fastest way is via the Client Activity widget on your Home screen, where you can filter down to specific actions per client. You can also click on the Login Activity tab ...
How do I know what status to use for my new listing?