Down Payment Resource

DPR Facts

  • DPR moves millions of customers off the sidelines and into homes creating incremental sales and revenue opportunities for you.
    • Down payment assistance of just $7,500 would double the number of renters able to buy a home 
    • Many programs target first time homebuyers who represent more than 40% of sales activity and are critical to the move-up market. (Some programs do not require first time buyers)
    • For most programs, the definition of first time homebuyer includes people who owned a home more than three years ago.
  • Down payment assistance and loan programs are not just for low-income households.
    • Some programs allow sales prices up to $300k or more
    • Some programs allow household income as high as $100k + 
  • Millions of dollars in government assistance are available in your market. These resources are sustainable, long-term programs with perpetual funding, therefore not stealing from future sales.
  • Requires home ownership education and uses safe and sustainable mortgage products
  • There is no charge to you for DPR Core Service- it is part of your NorthstarMLS membership. (DPR Premium License is free during 6 month Proof of Concept Trial)

DPR Benefits

  • Provides REALTORS® and mortgage lenders an easy, cost-effective way to match home buyers with assistance programs
  • Home buyer assistance opens the door to home ownership for millions of people who never thought they could afford to buy a home.
  • Displaying the DPR icon   on listings on your agent Website drives more leads and increases sales by creating heightened awareness and interest in eligible properties
  • Your customers will be ecstatic and refer their friends not only for great customer service, but also for your connection to down payment and affordable loan program information.
  • DPR positions you as a must-have resource and local market expert
  • DPR is easy to use- we walk you through the process step-by-step
  • As an early adopter, you will have a leg up on the competition
  • We do the work, you reap the benefits

How to get started

  • Watch this 2 minute video or,
  • When logged-on to the NorthstarMLS Matrix home page, click on “DPR” on the blue submenu bar right next to WEBForms
  • From the DPR “Start” page, click on the “User Community Page” link
  • Everything you’ll need is under “Quick Links” on the left or “Agent Marketing Resources” on the right.

Need Help?
Contact our Help Desk:

651-251-5456
toll free 1-877-251-5455
help@northstarmls.com