Eligible SABOR MLS listings qualify for an average of $16,000 in home buying assistance
ATLANTA, Ga., Sept. 15, 2022 (SEND2PRESS NEWSWIRE) – The San Antonio® Board of Realtors (SABOR) today announced its partnership with Down Payment Resource (DPR) to provide its approximately 16,000 Multiple Listing Service (MLS) subscribers access to DPR’s toolset that helps realtors connect clients with programs that can help save on deposits and fees Closing.
SABOR is a primary resource San Antonio area home buyers and sellers use to search and list local real estate listings and connect with a real estate agent. SABOR’s partnership with DPR will allow its REALTOR® members and MLS subscribers to identify eligible SABOR listings for homebuyer and down payment assistance (DPA) programs funded nationally, locally and locally.
DPR reports that nearly 86% of SABOR’s property inventory is eligible for one or more of 64 homebuyer assistance programs in the Greater San Antonio area. Assistance amounts range from $5,000 to $30,000 and can be used by homebuyers earning up to $104,000 a year for homes priced up to $647,000, though limits of income and prices are even higher in certain targeted areas. On average, households in the area served by SABOR are eligible for approximately $16,000.
“SABOR members have long been champions of the San Antonio community, and we are committed to helping buyers access safe and sustainable homeownership,” said SABOR CEO Gilbert Gonzalez. “Our partnership with DPR will help our real estate members better serve their clients by highlighting the many homebuyer assistance programs available in our area. SABOR looks forward to further supporting home ownership in San Antonio with the support of DPR and user-friendly digital tools. »
“San Antonio is one of the least affordable cities in the United States for renters, which is why it’s so important for residents to be connected to resources like down payment assistance to transition from renter to landlord,” said Rob Chrane, CEO of DPR. “We are proud to share our comprehensive database of homebuyer assistance programs – including down payment assistance, grants, affordable first mortgages and more – to help SABOR members better serve their communities with the financial resources that make home ownership achievable.”
About Deposit Resource:
Down Payment Resource (DPR) is a national database of down payment assistance and affordable loan programs. The company tracks funding status, eligibility rules, benefits, and more for approximately 2,200 programs in 11 categories. Its award-winning technology is helping the housing industry connect more buyers to the down payment help they need. DPR has been recognized by Inman News as “the most innovative new technology” and the HousingWire Tech100™. DPR is licensed to multiple listing services, realtor associations, lenders and housing counselors across the country. DPR’s subscription-based service, Down Payment Connect, helps agents and loan officers match buyers with available programs. For more information, please visit DownPaymentResource.com and on Twitter at @DwnPmtResource.
The San Antonio Board of Realtors® is your primary resource when it comes to finding a Realtor® and buying and selling in the San Antonio area. It is the largest professional trade association in San Antonio and represents more than 15,000 REALTOR® members. SABOR members serve ten counties, including Bexar, Atascosa, Frio, Karnes, Kendall, LaSalle, McMullen, Medina, Uvalde and Wilson. SABOR is one of more than 1,200 local councils and 54 state and territory organizations of Realtors® nationwide that make up the National Association of Realtors® (NAR).
Twitter: @DwnPmtResource @SABoardREALTORS #down payment help #homeownership
NEWS SOURCE: Deposit Resource
This press release has been issued on behalf of the source of the information (Down Payment Resource) which is solely responsible for its accuracy, by Send2Press® Newswire. The information is believed to be accurate but not guaranteed. Story ID: 85074 APDF-R8.6
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