Lendbirds

Lendbirds’ Down Payment Assistance Programs (DPAP)

Enhance Your Home Purchase Opportunity with one of Lendbirds’ Down Payment Assistance Programs

Step into your first home or dream home with little money down or zero down payment — discover how Lendbirds’ Track (DPAP) Service or Boost Down Payment Assistance (DPA) can help make it happen!

Unlock Homeownership with Little or Zero Down

Track Service

Track Service for DPAP is a free “low” to “no” down payment home purchasing preparation assistance offered by the Lendbirds’ lending and broker team. Track service for DPAP is not Credit Repair, but a real estate purchase preparation service. You can Click Here to download a brochure.

If you’re employed or have a consistent income for at least two years, you should be able to purchase a home or other real estate property. You can register and start receiving Track service with as little as 18 months of employment. Most unqualified potential home buyers could become eligible for a loan if they receive our Track service.

Track service for DPAP prepares potential home buyers to purchase real estate with the lowest possible out of pocket expense. From 0% to 3.5% or 5% to 10% down, there are usually two eligible phases, preparation and pre-qualification, with most lenders focusing on the later. This approach may lead the home buyer to become conventionally qualified for a loan of the home they want to purchase in the shortest amount of time. This method is faster, but you will surely pay more costs. This often is not the best approach and could decrease the chances of closing.

Track service focuses on ensuring you are eligible to pay as little out of pocket costs as possible for the same home. However, this leads to an entirely different process and pace, but it does not cost you anything because this service is free. It only requires expertise, planning, and our guidance to give you a 50% better opportunity to get approved, purchase, and close on your home. You could purchase the same home much easier and with less money.

Boost Down Payment Assistance

At Lendbirds, we understand the challenges of saving for a down payment. That’s why we offer the Boost Down Payment Assistance Program, designed to help eligible buyers with initial costs.

What is the Boost DPA Program? The Boost DPA Program provides support for eligible buyers to help them cover upfront costs. This program is tailored for borrowers ready for homeownership but in need of additional financial support, with criteria that allow broader accessibility.

Key Features:

• Financial Support: The program helps reduce initial costs, simplifying the buying process.
• Broad Eligibility: Boost DPA has no income limits, allowing more borrowers to qualify.
• Accessible Credit Requirements: Open to a variety of credit profiles, making homeownership accessible.
• Flexible Assistance Structures: Choose from options that fit your needs, including forgivable or repayable assistance.
• Compatibility with FHA and USDA Loans: The Boost DPA can be paired with several loan programs, increasing your financing options.

Why Choose Lendbirds? Lendbirds’ Boost DPA Program is designed for an efficient homebuying experience. With in-house underwriting, our team guides you through every step, helping you find the best options for your needs.

Ready to Get Started? Contact Lendbirds today to explore the Boost Down Payment Assistance Program and see how it can support your journey to homeownership. Our specialists are here to help you make informed financial decisions.