Mission-driven lenders seek to serve populations that are often deemed too risky by mainstream lenders due to their credit history (or lack thereof). Yet, there are many ways to assess risk beyond the credit score.
Join this webinar to hear how Capital Good Fund (CGF) has developed its underwriting criteria to lend to populations that would otherwise only have access to predatory financial products. CGF will share how their underwriting criteria has developed over time and offer key lessons for other nonprofit lenders serving low-to-moderate-income populations. CGF will also discuss how it has used its underwriting criteria to mitigate risk for housing stability loans -- often a high risk loan. There will be time for Q&A and discussion at the end!
This webinar is part of our Lender Roundtable Series and is open to all.