Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 2 years ago,
FL Down payment Assistance for Third Party Originators
Hey Y'all,
I have been spinning my wheels trying to find a down payment assistance program or grant program for first time home buyers in Florida that can be used by third party originators/ Mortgage brokers.
I am a third party originator so it would have to be able to be used on the wholesale channel and most lenders I work with will not allow a silent second on their loans. This cuts out a bulk of programs.
If any fellow MLOs know of a down payment assistance program or grant program available to third party originators please DM me and let me know as I am really trying to come up with a solution to this. Most buyers that are needing this would be FHA or conventional, and from all my research the grants and DPA programs seemed almost designed to exclude third party origination from using them for their clients.
Please feel free to share your thoughts and any possible solutions/guidance. Or if you know of any lenders that have a solid DPA program available for their wholesale channel to use please let me know.