While financial institutions face the challenge of increasing originations and balancing the risk associated with loan affordability, a data-driven approach can help lenders expand the pool of potential borrowers.
Tag: Rob Chrane
Middle-Class Americans Must Put Down More Than $127,000 to Afford Monthly Mortgage: Zillow
A new Zillow analysis shows that to comfortably afford a typical U.S. home, a median-income homebuyer needs to put down nearly $127,750, or 35.4%.
Rob Chrane From Down Payment Resource: Lenders are Letting Too Many FHA Borrowers Leave DPA on the Table
Here’s the kicker: a lot of DPA goes untapped simply because buyers, lenders and agents are unaware it exists or have misconceptions about how it works and who can qualify. And that’s a shame for every participant in the housing finance and real estate market.
Down Payment Resource’s Rob Chrane–Lenders are Letting Too Many FHA Borrowers Leave DPA on the Table
Here’s the kicker: a lot of DPA goes untapped simply because buyers, lenders and agents are unaware it exists or have misconceptions about how it works and who can qualify. And that’s a shame for every participant in the housing finance and real estate market.
Down Payment Resource’s Rob Chrane: Lenders are Letting Too Many FHA Borrowers Leave DPA on the Table
Here’s the kicker: a lot of DPA goes untapped simply because buyers, lenders and agents are unaware it exists or have misconceptions about how it works and who can qualify. And that’s a shame for every participant in the housing finance and real estate market.
Down Payment Resource Study: 135 Homebuyer Assistance Programs Added in 2023
Down Payment Resource, Atlanta, released its Q4 2023 Homeownership Program Index Report, finding there were 135 homebuyer assistance programs introduced throughout the year, during a period when home affordability has been top-of-mind for many.
Down Payment Resource: Housing Authorities Roll Out New Homebuyer Assistance Programs
Homebuyer assistance program administrators are responding to the mounting home affordability crisis by rapidly rolling out new homebuyer assistance programs and funding buydowns, according to Down Payment Resource, Atlanta.
MBA NewsLink 2023 Tech All-Star: Rob Chrane of Down Payment Resource
Qualifying buyers is getting tough these days, with many struggling to save for a down payment—not to mention having cash reserves on hand. It’s a topic heard around water coolers and over cocktails – those so-called “barbershop (or beauty shop) settings,” where people hang up for a while and catch up on neighborhood news. And that’s right where Rob Chrane, founder and CEO of Down Payment Resource, and an MBA NewsLink 2023 Tech All-Star Award recipient, wants down payment assistance to be talked about.
MBA NewsLink 2023 Tech All-Star: Rob Chrane of Down Payment Resource
Qualifying buyers is getting tough these days, with many struggling to save for a down payment—not to mention having cash reserves on hand. It’s a topic heard around water coolers and over cocktails – those so-called “barbershop (or beauty shop) settings,” where people hang up for a while and catch up on neighborhood news. And that’s right where Rob Chrane, founder and CEO of Down Payment Resource, and an MBA NewsLink 2023 Tech All-Star Award recipient, wants down payment assistance to be talked about.
MBA NewsLink 2023 Tech All-Star: Rob Chrane of Down Payment Resource
Qualifying buyers is getting tough these days, with many struggling to save for a down payment—not to mention having cash reserves on hand. It’s a topic heard around water coolers and over cocktails – those so-called “barbershop (or beauty shop) settings,” where people hang up for a while and catch up on neighborhood news. And that’s right where Rob Chrane, founder and CEO of Down Payment Resource, and an MBA NewsLink 2023 Tech All-Star Award recipient, wants down payment assistance to be talked about.