General World News

The odds are stacked against homebuyers with lower credit

It’s no surprise that borrowers’ credit scores are a vital component to homeownership. That three-digit number determines a person’s financial worthiness and impacts just how much money they can borrow. However, a new study from real estate tech provider OJO Labs found that there is a staggering gap in credit support and guidance among those who need it most.

According to OJO, tools and expertise are least visible, accessible, and useful to groups with lower credit scores.

“I think the thing that’s really interesting is when you start to peel back the layers of the onion, there is details ⇒

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