An Arizona brokerage firm has created a new tool that will allow potential buyers determine if they qualify for a home and whether or not they fit for a down payment assistant program.
Long Realty, based in Tuscan, Arizona, now offers Down Payment Resource, a tool that connects those eligible to buy homes and eligible properties with government-funded programs for down payment assistance, according to Inman News. The tool also helps with affordable fixed-rate mortgages, mortgage credit certificates and rehab loans.
The tool is available on the company's website as well as on the websites of their agents.
Inman News confirmed that the Down Payment Resource was developed by Atlanta-based Workforce Resource LLC, and matches listings with a button on the website informing users that down payment assistance may be available to them.
Nationwide listing services that have adopted this tool include the Tucson Association of Realtors MLS, Midwest Real Estate Data LLC, Empire Access MLS Inc., and My Florida Regional MLS.
Last year, Down Payment Resource won an Inman News Innovator Award for most innovative new technology.
According to Inman News, the tool is available on listings from the Tuscan, Phoenix and Sierra Vista area.
Long Realty is part of Long Companies, and has a network of more than 1,300 agents in more than 38 offices, including 23 affiliate realty and property management companies.
