For our visitors' convenience we have put up a working calc here. Enjoy and use it for any purpuses! Find more useful features appearing here soon!

Mortgage loans and discrimination

By no means can a mortgage loan applicant get discriminated by a mortgage lender or a mortgage loan officer against his skin color, race, and other factors including marital status, sex, age and national origin. The US legislation prohibits any kind of discrimination in regards to home buyers.

When you deal with this or that mortgage loan officer or home mortgage company, no one can give you any guarantees that you will be supplied a mortgage loan. Many factors are taken into account by mortgage companies. Mortgage brokers work the same way, the take all info into consideration and provide you with a bunch of home mortgage quotes and current mortgage rates without any regard to any factors outside of his financial scope.

You may not qualify for a mortgage loan due to your financial insecurity or any other reasons which don’t let a mortgage lender or mortgage company rep to see a reliable customer in you, however any type of refusal can’t be based on personal prejudices. You are protected by the law against any kind of discrimination on behalf of mortgage loan lenders and mortgage companies.

The lender can't charge you more points or simply reject your application trying to discriminate you!