Boosting affordability through down payment assistance programs
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Boosting affordability through down payment assistance programs
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MGIC’s Concepcion Guerrero sits down with Angel Romero, Housing Finance Agency Relationship Manager at Down Payment Resource (DPR), to discuss the role down payment assistance programs (DPA) play in helping more families become homeowners.
With over two decades of mortgage industry experience and a personal journey from foster care to homeownership, Romero brings unique insights to the conversation about housing affordability. In this episode, we discuss:
- Trends from DPR’s recent Homeownership Program Index, including the growing number of DPA programs nationwide
- How to layer down payment assistance for maximum affordability
- The importance of early financial education
- How to harness DPA programs as a loan officer
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