Research shows online mortgage lenders are less likely to discriminate against applicants than in-person lenders

  Research shows lenders are less likely to approve Black and Hispanic people for mortgages than white people, and less likely to approve same-sex couples’ applications than comparable heterosexual couples. The National Bureau of Economic Research found that when it comes to approving a loan application, online lenders are 40% less likely to discriminate than mortgage lenders who meet with applicants face-to-face. However, online lenders still tend to discriminate based on neighborhoods and shopping behavior, which affects interest rates. As you shop for a fintech lender, search for a company that will accept your credit score and the amount

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