Home Lending Pal

ABOUT

Home Lending Pal engages with banks, credit unions, and non-bank lenders to provide a loan marketplace that shields consumers from lender biases.   

CHALLENGE 

The home buying process is daunting for many consumers, but it can be particularly so for women and people of color, who may be vulnerable to lender biases related to their race, age, gender, sexual orientation, or background.

SOLUTION

Home Lending Pal provides the same information that underwriters review and an anonymous loan marketplace that prevents lenders from evaluating consumers based on their demographics. 

Their AI tools simulate the underwriting process and then, at the borrower’s request, match them with lenders based on the borrower’s financial situation

FINANCIAL HEALTH FOCUS

Buying a house is one of the biggest financial decisions a person can make. Certain groups are particularly vulnerable to predatory or biased lending, including millennials, women, people of color, and first-time homebuyers. Home Lending Pal explains each step of the process and works hard to ensure that no borrower is subject to predatory loans.