Traditional credit scoring is statistically less inclusive for minorities, immigrants and younger people, lacking a long credit history. Using a variety of factors, including Assets, Income and Previous Rental History, the result is more inclusive scoring that gives property managers insights into the full financial profile of a prospective tenant.
Matrix removes the potential for Source of Income discrimination, taking the subsidy into consideration and automating the underwriting process. Matrix streamlines the acceptance process, helping more owners make their properties available to affordable housing and get leased up faster.