However, no matter a borrower's factors, the application of alternative capital was cause for concern since it was disproportionately made use of-and therefore the dangers and costs are inequitably borne-by racial and ethnic minorities, low-income home, and you can people who own are built home. Among Americans who have financed a property buy, 34% of Hispanic and you may 23% regarding Black colored property used solution money at least once, compared with merely 19% away from Light individuals. (Discover Shape cuatro.) Then, family getting lower than $fifty,000 was seven minutes expected to use choice money than those earning more than $fifty,000. 24 In every of them cases, increasing entry to short mortgages may help clean out typically underserved communities' reliance upon high-risk choice money preparations.