![]() Some lenders might require a 20 down payment, while others require as little as 3 of the home’s. Stay protected and find out how we can support you inside. Some have more stringent guidelines than others. As an equal housing lender, HSBC does business in accordance with federal fair lending laws. Because a right has been exercised under the Consumer Credit Protection Act. Not all mortgage products are created equal.In 1968, Congress enacted the Fair Housing Act, which made it illegal for lenders to discriminate on the basis of race, color, national origin, religion, sex or disability. Because income is from public assistance or If you are interested in taking out a mortgage, it is important to understand what an equal housing lender is and why this stamp of approval is valuable.On the basis of race, color, national origin, religion, sex, marital status, or age.UNDER THE EQUAL CREDIT OPPORTUNITY ACT, IT IS ILLEGAL TO DISCRIMINATE IN ANY CREDIT TRANSACTION: IF YOU BELIEVE YOU HAVE BEEN DISCRIMINATED AGAINST, YOU SHOULD SEND A COMPLAINTĪssistant Secretary for Fair Housing and Equal Opportunityĭepartment of Housing and Urban Developmentįor processing under the Federal Fair Housing Act and to:įor processing under the FDIC regulations. Discriminate in fixing the amount, interest rate, duration, application procedures, or other terms or conditions of such a loan or in appraising property. We do not discriminate on basis of race, color, national origin, religion, sex, handicap, or family status.Deny a loan for the purpose of purchasing, constructing, improving, repairing or maintaining a dwelling or to deny any loan secured by a dwelling or equal housing lender png logo Res: 293x300, Size: 11.41 KB lender equal housing opportunity logo png Res: 1000x1000, Size: 20.21 KB equal housing house png logo Res: 150x150, Size: 4.78 KB fair city of equal housing png logo Res: 300x300, Size: 7.01 KB news equal housing png logo Res: 480x480, Size: 80.UNDER THE FEDERAL FAIR HOUSING ACT, IT IS ILLEGAL, ON THE BASIS OF RACE, COLOR, NATIONAL ORIGIN, RELIGION, SEX, HANDICAP OR FAMILIAL STATUS (HAVING CHILDREDN UNDER THE AGE OF 18), TO: On the basis of race, color, national origin, religion, sex, or marital status, or age, because of income in the form of public assistance, or because a right was exercised under the Consumer Credit Protection Act.We do business in accordance with Federal Fair Lending Laws.National Credit Union Administration Office of Examination & Insurance ![]() IF YOU BELIEVE YOU HAVE BEEN DISCRIMINATED AGAINST, YOU SHOULD SEND A COMPLAINT TO:įor processing under the Federal Fair Housing Act:Īssistant Secretary for Fair Housing and Equal Opportunityĭepartment of Housing and Urban Development Moneys 10 best VA home loan lenders: Rocket Mortgage (Best online VA loan lender) Veterans United (Best for VA loan variety). There are several federal laws which provide you with protection during the processing of your loan. Two federal laws can protect you against discrimination when you apply for a mortgage: the Equal Credit Opportunity Act (ECOA) and the Fair Housing Act (FHA).
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