UPDATED FOR TAX YEAR 2023!

All-in-one self-employed income
calculator, rental income calculator
and more!

Get access now

Down Payment Resource

Down payment assistance tools from Down Payment Resource and MGIC.
Man at laptop

Uncover down payment assistance programs that create opportunities

Down payment assistance (DPA) programs help homebuyers with loans or grants that reduce the amount they need to save for a down payment. MGIC’s partnership with Down Payment Resource® (DPR) provides DPA solutions that free up lenders' product teams and sales leadership to focus on improving pipeline pull-through rates and growing their enterprise.

You’ve come to the right place to discover how you can better understand DPA programs and inform your borrowers.

Here’s how:

  1. Keep scrolling to see how Down Payment Resource creates opportunities by uncovering programs that can assist borrowers in purchasing a home.
  2. Take a closer look at the trends affecting DPA programs. Download the latest Homeownership Program Index report.

Down Payment Resource® is a registered trademark of Workforce Resource LLC.

Unique solutions for lenders

Down Payment Resource is the nation’s only database of homeownership programs and software that automates matching eligible buyers and properties to available programs. DPR tracks over 2,000 nationwide through its housing finance agency partners and regularly updates the eligibility rules, benefits, funding status and more for all down-payment loans, grants and other affordable programs.

Think of Down Payment Resource as your 24/7 DPA assistant, with lender solutions to help you:

  • Make faster and better-informed product decisions
  • Quickly match borrowers to your company’s approved homeownership programs
  • Provide underwriters immediate access to current program guidelines
  • Generate more purchase leads by engaging new borrowers in conversations about the DPAs you offer

As a lender, you can leverage DPR's 4 unique solutions to connect more buyers to the down payment assistance they need.

Laptop

Kickstart new homebuyer conversations

Together, MGIC and DPR make it easy to match buyers to down payment help that’s right for them with Down Payment Connect (DPC). It’s a subscription-based down payment assistance (DPA) look-up tool that loan officers can use to educate borrowers about programs that may be a fit for their situation. Subscribers use Down Payment Connect to help eligible homebuyers quickly identify assistance programs and boost the affordability of their mortgage.

See DPC in action

Watch our video to take a closer look at DPR’s solutions

You might also like

  •  mgic text card teal with green

    For Sale to Sold Workshop

    Build and strengthen relationships with referral partners by hosting a workshop that guides real estate agents through the mortgage process.

  •  mgic text card navy with purple corner

    Down Payment Connect

    Finding the right down payment program for buyers is fast and easy with DPC, a subscription-based look-up tool that matches borrowers to DPA. programs.

  •  mgic text card magenta with red and navy corners

    Contact your MGIC Account Representative

    We'd love to hear from you!