Agencies Helps Homebuyers with Complaints

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Whom do I contact with a discrimination complaint?

Agencies Helps Homebuyers with Complaints

If you think you have been discriminated against through higher mortgage interest rates or the denial of your home loan, you can take action.

* Complain. Talk to the lender or mortgage broker. See if he or she will reconsider your application.
* Call your state Attorney General's office. Many states have their own anti-discrimination and consumer-protection laws. Find out if state laws were broken.
* Contact fair housing advocates. These agencies can help you file reports with state and federal agencies.
* You have the right to sue the lender. If you win, you can collect damages.
* Know which federal agencies enforce anti-discrimination laws. The Equal Credit Opportunity Act (ECOA) and the Fair Housing Act (FHA) protect homebuyers against discrimination applying for mortgages.

   

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