Oregon | Civil Rights Law
Legal Question
Here is my issue:
Applied for a loan with Us Bank last Wednesday. Got a call back from lender- said everything looked great. Credit (760) debt to income and equity on house. Then got a call from loan officer on Friday. Said we got denied. Ok, why? Cause the underwritter has had a bad time lending to people with your last names. Then he laughed. He thought it was stupid, so he forwarded our file to District Manager. Said Underwritter said last 3 sighs' she lend to ran away to India.
Okay then got a call back today. Said Sorry District Manager not able to over ride Underwritter's decisions, but if we want to pay higher interest rate then we might get approved?
Our Credit-760
Income to debt good
equity in house.
No formula to deny our loan. We got denied based on our last name- Singh's and the fear we might return back to India.
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Read More Answered By: Daniel Meek |
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