Freddie Mac is introducing a beneficial tool, DPA One, which makes available to lenders nationwide an invaluable resource for connecting their borrowers to more potential avenues of down payment assistance (DPA).

DPA One aims to simplify financing and expand access to DPA programs that match borrowers with funding options tailored to their needs. DPA One walks users through an easy search process to quickly connect them to a selection of programs meeting their criteria, and provides the contact information of agencies providing more details about the individual DPA program options.

The most important elements of this text include:

• Freddie Mac rolling out DPA One – A new free tool for lenders to match borrowers with down payment assistance programs
• Simplifies financing and expands access to DPA programs – Easy search process provides access to programs meeting criteria
• Provides contact information of agencies providing further details – Gives direct way to access more information for individual programs

You can read this full article at: https://www.housingwire.com/articles/freddie-mac-rolls-out-down-payment-assistance-tool/(subscription required)

Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.