You’ll qualify
for assistance if you meet the guidelines regarding
residency or income levels. You have to earn a
low to moderate income or live in a neighborhood that
is usually ignored by financial institutions.
If you think you’re being discriminated against, look for clues and
then prove your case. Make sure you could
repay your loan if it was approved. Check to
see if there are any penalties or fees that are
excessive, such as a prepayment penalty.
Get copies of every
written and signed form that you’re presented with. And educate yourself
about the terms lenders use – you don’t
want to be intimidated by their language. If you
still feel that you’re not getting adequate treatment, ask for
a reference from someone you trust.
Disclaimer: The information
provided in this site is not legal advice, but general
information on financial issues commonly encountered. We
shall not be liable for any errors in the content or for
any actions taken in reliance thereon. Please consult
your financial
advisor.
