What's new

October 25, 2024

Provider data dashboards: Visualize and track key metrics

DPA One is excited to announce the launch of a powerful new feature for providers—custom dashboards now visible directly on the DPA provider homepage. These dashboards offer providers valuable insights into platform performance, state-level usage, and program-specific traction, helping providers make data-driven decisions with ease.

Key features of the provider dashboard:

• Platform growth by user type: See how DPA One is expanding accross different user segments, providing a clear view of platform adoption over time.
• State-level usage insights: Understand the usage of DPA One in the provider's home state, helping providers assess local engagement with the platform.
• Program-specific traffic: Track the traffic and traction of the provider's individual programs, giving providers a direct look at how their offerings are performing.

The new dashboard offers an intuitive, data-centric view that enables providers to easily monitor the growth of DPA One overall, its specific usage in their state, and the success of their individual programs. This actionable insight empowers providers to optimize their offerings and stay ahead of the curve in serving their audiences effectively.

August 30, 2024

New Freddie Mac Affordable Seconds label: Simplifies the identification of compliant programs

DPA One is pleased to introduce a new feature designed to enhance the searchability and compliance of down payment assistance (DPA) programs—now available on DPA One. This update allows programs to be labeled according to whether or not they meet Freddie Mac’s Affordable Seconds eligibility guidelines, streamlining the evaluation process for sellers and making it easier to identify compliant programs.

Key features of the Freddie Mac Affordable Seconds eligibility guidelines label:

• Program labeling for compliance: Programs on DPA One can now be labeled to indicate whether they meet Freddie Mac's Affordable Seconds eligibility guidelines.
• Search functionality: Sellers can easily search for programs that comply with these guidelines, saving time and effort when evaluating DPA loans.
• Meet basic eligibility criteria: DPA loan programs labeled as eligible must meet specific criteria, including:
• No balloon payments, HELOC's, or negative amortization
• No loans from an interested party, funded through a first mortgage note, and excluding any equity share arrangements

This feature offers sellers a more efficient way to identify down payment assistance programs that are most suitable for their borrower’s needs, eliminating time-consuming manual reviews. By labeling and categorizing programs that meet Freddie Mac’s guidelines, sellers can focus on the best DPA loan products for their clients.

Note: While this feature enhances searchability, sellers remain responsible for ensuring that any down payment assistance program complies with Freddie Mac’s requirements.

June 28, 2024

Introducing DPA One API: Connect DPA One data to your preferred lender software application

DPA One is excited to announce the launch of our new API, which makes all the data from our free online down payment assistance search platform available directly to your team. Lender organizations, initially Freddie Mac Seller/Servicers, can now integrate DPA One into their applications or systems which empowers loan officers to more efficiently find, understand, and match prospective borrowers with the best down payment assistance (DPA) programs without leaving the software applications they use the most.

Key features of the DPA One API:

• Comprehensive DPA data access: The API provides direct access to the full range of down payment assistance program data available on DPA One, offering a robust solution for housing professionals.
• Advanced filtering capabilities: Filter DPA programs based on borrower location, income, loan details (e.g., purchase price), and more, simplifying the process for matching borrowers to DPA programs.
• Custom integration: The API is designed to seamlessly integrate into any lender software application, like their loan origination software (LOS) or automated underwriting system (AUS).

With the DPA One API, you can now leverage the full power of our down payment assistance database—directly within your own lender software application.

For more information on how the DPA One data can work for you, learn more about DPA One API.

February 5, 2024

Filtered search: A new way to search gives you a clear view of available programs

It’s easier to find and match program details when you can view search criteria and results in one place. Our redesigned search page makes this possible.

• Search criteria and program results are now reflected on the same page to streamline reviewing time.
• Improved search filter functionality to maximize results.
• Expanded search criteria to identify the best programs more precisely for your client’s needs.

February 5, 2024

Provider data tables: Now quicker to update

Here are a few ways the latest enhancements to tables are great for fast updates:

• Program information can be configured in a variety of ways to better communicate program requirements to lenders.
• Ability to copy/paste data from Microsoft Excel or .CSV files.
• Functionality to edit cell data directly on table(s).
• Ability to click and drag table headers based on your preference.