Uplist partners with Arcasa to show zero-down payments on listings

Uplist, a homebuyer intelligence platform that provides mortgage payment options on property listings, announced on Thursday that it has partnered with Arcasa to add a zero-down payment assistance option to Uplist’s listing tools. The integration allows homebuyers to view an Arcasa financing scenario when they scan a listing’s QR code or open a personalized shopping link from a loan officer. The option combines down payment assistance and solar financing into a single Federal Housing Administration (FHA) loan and displays estimated monthly utility savings associated with the solar system. Uplist said the integration is designed to give buyers another way to evaluate affordability before connecting with a loan officer. Buyers can compare the Arcasa option with standard financing without creating an account, providing a Social Security number or triggering a credit pull. Under the program, the down payment assistance has no income limits or first-time homebuyer requirement, according to the companies. The assistance also does not carry a separate monthly payment or increase the mortgage rate, and borrowers do not receive a 1099 for the assistance, Arcasa said. “Adding Arcasa means th...