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Mortgage Denial Rate Higher for Blacks, Hispanics

NORA TOOHER, ZILLOW.COM POSTED: Monday, February 16, 2015, 2:44 PM The denial rate for black applicants for conventional mortgages in the Philadelphia metro area is more than two and a half times higher than the rejection rate for white applicants, Zillow’s latest analysis of race and home ownership data has found. The denial rate for
IMPORTANT: The text in this website and product(s) sold on this website do not substitute for legal advice. Nor does the text substitute for real estate, financial, tax, bankruptcy or other professional advice. Loan Modification Key® and its owner(s) cannot and do not guarantee results from any lender or servicer. Loan Modification Key® and its owner(s) do not represent any loan modification program or governmental program. Loan Modification Key® and its owner(s) do not represent any government agency. The text herein represents information, opinion and expertise gathered in the last several years' experience in the mortgage industry. Loan Modification Key® is a non-profit 501 (c)(3) tax-exempt organization.
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