Down Payment Assistance Program

Down Payment Examples

Free Home Listings

DP Calculator

DPA Forms

Working With Realtors

Realtors across the country are discovering the benefits of using Down Payment Assistance with their prospective buyers and sellers. The Newsong Down Payment Assistance Program is one of the most powerful marketing tools in the industry today. We create more buyers, by providing grant money to people who lack the necessary funds for a home purchase.

Few people can buy a home for cash. According to the National Association of REALTORS®, nearly nine out of 10 buyers in 1999 financed their purchase, which means that virtually all buyers -- especially first-time purchasers -- required financial assistance.

If you specialize in Listings, show your sellers the benefits of participating in Down Payment Assistance. These homes sell faster and at full asking price. Imagine the marketing potential "ZERO DOWN - GIFT MONEY AVAILABLE" can mean to you and your sellers. Additionally, less advertising dollars are spent and an increase in additional listing opportunities due to your success.

Introduce the Newsong Down Payment Assistance Program to your seller and buyer. If you're working with the seller show them the advantages of selling their home using down payment assistance.

Sellers can get full asking price and sell their homes faster!

They open up their pool of buyers by 30%

They'll net just as much if not more than a non assisted buyer

Create and close more transactions than ever before

Families can achieve home ownership now, rather than having to wait.

Buyers can buy now with a gift for down payment and closing costs

No extra qualifying required when approved by lender

Gift never needs to be paid back

The three primary reasons buyers can not purchase a home:

Lack of income or employment stability

Lack of a satisfactory credit history

Lack of funds for the down payment and closing costs

By completely eliminating "Lack of funds for the down payment and closing costs", Down Payment Assistance increases the available number of homebuyers by as much as 30% at any given time. Imagine what a 30% increase in new homebuyers can mean to you and your organization.

Contact your local program director to answer your questions, keep you up-to-date, and do whatever it takes to make your experience amazingly easy! (918) 254-6999.