Looking Beyond Credit Scores in Real Estate Financing

In a Forbes column, the CEO of Hometap, Jeffrey Glass, discusses credit scores and how most lenders still rely on them to make lending decisions; this causes some potential homeowners to seek alternative financing elsewhere, often at a higher cost; many fintech companies are looking beyond the FICO score in determining creditworthiness as they use “more sophisticated, data-driven models can recognize and home in on the characteristics of a person’s financial habits in specific areas, reducing dependency on broad-based credit scores and debt-to-income ratios, and enabling responsible individuals more access to a broader set of financial options”. Forbes

  • Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.