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Why your buyers don’t need 20% down
Your buyers may have heard or read that it’s best—or even required—to put a 20 percent down payment on a home. For a $200,000 home, 20 percent down would be $40,000. No small amount.
 Plus, data shows that on average it would take a homebuyer 12.5 years to save for a 20 percent down payment. Understand your buyers’ options and why a bigger down payment may not be better.
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6 ways your buyers can benefit from down payment programs
 You’ve heard the news—interest rates are at historic lows. That’s great news, but when other expenses like rent and utilities are increasing, it makes it hard to save for a down payment. Your buyers are not alone in this challenge—access to a down payment still remains the number one obstacle for homebuyers.
There are nearly 2,500 homeownership programs available across the country, but many homebuyers are unaware of the programs that are available to them. How do these programs help? Find out six ways homebuyers can benefit.
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Down Payment Resource for real estate professionals
 Down Payment Resource works with MLSs, real estate agents, lenders and other real estate professionals to connect homebuyers to available homeownership programs.
Watch our on demand webinar, Down Payment Resource Best Practices for Agents and Loan Officers, to learn more about how real estate pros are using DPR in their business.
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