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It's the Law!
- Real estate agents must show you houses in the neighborhoods of your choice. No steering allowed.
- Mortgage lenders must lend to you if you are a qualified borrower, regardless of the neighborhood you choose. No red-lining allowed.
- The law bars certain actions such as:
Bait-and-Switch: offering you an attractive loan in writing, then giving you a worse loan at closing.
Fraud: Such as forging your signature to documents.
Insurance-packing: including unwanted credit insurance in the loan without your consent.
- Insurance companies must insure your residence if it qualifies for coverage, regardless of the neighborhood you choose. No insurance red-lining allowed.
- No one can refuse to sell a home to you based on your race, ethnicity, age or other protected class. No discrimination allowed.
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