Homeownership has long been a cornerstone of building wealth in America, yet unequal access to credit continues to block too many African Americans from this path. Data consistently shows that Black applicants are denied mortgages at significantly higher rates than their white counterparts even when incomes are comparable. This gap doesn’t just impact individual dreams of owning a home; it limits the ability of the Black community to build intergenerational wealth, stability, and opportunity.

The Reality of Credit Disparities

Reports from the Urban Institute and the Consumer Financial Protection Bureau consistently highlight that Black borrowers face higher denial rates compared to white borrowers. For example, even at comparable income levels, Black applicants are more likely to be told

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