Mortgage Discrimination

Mortgage discrimination occurs when lenders treat applicants differently based on characteristics like race, ethnicity, gender, or national origin, rather than their financial qualifications. This unfair practice can result in higher interest rates, denied applications, or fewer loan options for certain groups. Such discrimination undermines fair access to homeownership and perpetuates inequality. Laws aim to prevent this by ensuring all qualified applicants receive equal treatment, promoting fairness and diversity in the housing market.