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Large numbers of loan applications get denied. But for blacks, Hispanics and Asians, the rejection rate is even higher
The Bureau of Consumer Financial Protection found black applicants were rejected at more than double the rate of non-Hispanic white applicants on all types of loans (iStock) By Kenneth R. HarneyMay 23 at 6:30 AMEmail the author For millions of Americans hoping to buy or refinance a home, it’s a crucial make-or-break question: Will the lender…
Earnest money check, down payment and closing costs: When are they due?