I ran into ZeroDown ( https://zerodown.com/ ) on the YC podcast. What an interesting company. The problem they're attempting to solve is "Professionals who are good credit risks are priced out of homeownership by down payment requirements in SFBA/etc due to $$$ houses."
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What’s funny is that I can borrow 50% of a stocks value on margin at 2% with three clicks but if I want to borrow 10% of a homes value it costs 4% and 400 pages of forms. Meanwhile I’m the same credit risk in the end - makes no sense to me really.
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You're not the same credit risk in both scenarios, because your brokerage can liquidate all of the stock if the market sneezes and your bank (or the ultimate owner of the mortgage) doesn't have nearly that level of ability to unwind their position with you.
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