Profit & Succeed with Down Payment Assistance Programs

June 8, 2023 2:00 PM-3:00 PM Education Loan Production (Origination, Underwriting, Processing) Residential Webinar
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Member Price$0.00
Non-Member Price$399.00

About the Event

Consumer demand for affordable pathways to homeownership is strong, and there are more than 2,300 homebuyer assistance programs in the U.S. available to help. BUT…you don’t need to offer all of them to succeed. Join MBA Education and industry professionals to learn how to sustainably grow purchase business by supporting consumer appetite for Down Payment Assistance (DPA's) programs in your market. This webinar will address how to orchestrate a DPA operation that is profitable, streamlined, reduces risk and generates repeat and referral business. Panelists will analyze their interactions with Credit Risk, Sales Leadership, IT, Post-Closing and other stakeholders to mitigate risk and ensure loan quality when originating DPA programs.

Date/Time

Thursday, June 8 (2:00 PM - 3:00 PM ET)

Objectives

  • Examine the language of DPA: Address objections and overcoming misperceptions about down payment assistance (DPA) programs to mitigate fear of participating with these programs
  • Evaluate DPA Operations: Smoothing out processes and training subject matter experts (SMEs) to reduce friction (and cost) in the DPA origination process
  • Identify Product Alignment: Understanding your risk appetite and how to identify, onboard and operationalize the DPA programs you need
  • Increase Adoption and Awareness: Teach lenders how to build and then leverage their reputation as DPA experts to increase purchase apps and strengthen referral relationships
  • Illustrate a path to success - and profitability - with DPAs

Experience Level

  • Entry Level

Target Audience

  • Product Management Staff and Leaders
  • Capital Markets/Secondary Marketing Staff and Leaders
  • Operations/Risk Leadership
  • Sales Management

Speaker(s)

  • Sean Moss, EVP Product & Operations, Down Payment Resource
  • Mark Hasson, Director, Secondary Marketing, Lennar Mortgage
  • Veronica Khandelwal, VP, HFA Relations, Down Payment Resource
  • Kate McDougall, CMB, AMP, Vice President Regional Mortgage, Lake Michigan Credit Union