Srini: ZeroDown's underwriting model bets on customers' earnings in five years
Laks Srini · Laks Srini on Making Homeownership in Reach with ZeroDown · Y Combinator · Dec 11, 2019 · at 11:31
Laks Srini, co-founder and CTO of ZeroDown, explains how the startup evaluates potential homebuyers and the core thesis behind its lease-to-own model.
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“The biggest thing that we evaluate is, like, is their income, like, healthy? Right? And do they have some savings? Because, like, we help them build the rest of the savings to be able to buy the house from us five years from now. So, so we are basically making a bet on five years from now customer, right? Like, so we are saying the future you is going to be way more successful, the future you is going to have way more money, and is the future you is going to be way more all-around awesome.”
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