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Freddie Mac Launches Down Payment Assistance Tool

  • October 17th 2023

by UrbanTurf Staff

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Freddie Mac launched a new tool on Monday that will give home buyers and mortgage lenders an easier way to look for down payment assistance. 

DPA One aggregates assistance programs in a single tool so lenders and buyers can access and compare programs by location. 

“Time and again research reveals that the down payment is the single largest hurdle first-time homebuyers need to overcome to attain homeownership. But finding and comparing the many programs and their guidelines is challenging,” said Sonu Mittal, Freddie Mac Single-Family Senior Vice President of Acquisitions. “DPA One delivers a one-stop shop at no cost that brings lenders and their borrowers greater detail and visibility into these programs, while seamlessly connecting the right assistance program with the lender, housing counselors and borrowers who need this assistance the most.”

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This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/freddie_mac_launches_down_payment_assistance_tool/21587.

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