Recently the New York Times published an article stating that expectant mothers were being denied mortgages partially due to guidelines such as Fannie Mae’s Lender’s Quality Initiative. I’m not sure if this was a case of bad reporting or a bit of fear from the lenders part of LQI, where loans may possibly be denied at closing if the loan application changes. HUD has announced they are investigating this as discrimination against expectant mothers and new parents. [Read more…]
Moms-to-Be CAN Qualify for a Mortgage
Filed Under: Home Buying, Refinancing & Home Equity Tagged With: moms-to-be, qualifying





