Black Homebuyers Experience Elevated Denial Rates

August 24, 2022 Demetria Lester

A new LendingTree analysis of the 2020 Home Mortgage Disclosure Act found that the share of Black homebuyers who have their mortgage requests denied is notably higher than any other ethnicity. Click here to see the largest spread between mortgage denial rates for Black borrowers and the remainder of the borrower populace.

The post Black Homebuyers Experience Elevated Denial Rates appeared first on theMReport.com.

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