![]() ![]() Falsely denying that housing is available for inspection, rental or sale.Refusing to rent to specific people, including minority communities.Creating discriminatory rental advertisements. ![]() The ECOA prevents lenders from discriminating when approving loans or setting terms.įor example, in the rental realm, unfair treatment and discrimination may occur in ways such as: It makes it unlawful and illegal for those entities to refuse to sell, rent or provide funding for a dwelling based on factors such as race, color, religion and sex. It is designed to protect buyers and renters of property from discrimination by landlords, sellers or financial institutions. The law applies to property owners, rental managers, real estate agents, landlords, developers, banks, builders and individual owners who are renting or selling their property. ![]() Today, the Fair Housing Act covers apartments, mobile homes, condos, houses and vacant lots that will be used for housing. HUD received enforcement responsibility by the Fair Housing Act, a law enacted in 1968. Department of Housing and Urban Development (HUD). is a place of opportunity and to prevent segregation and discrimination.Įqual housing law is enforced and administered by the Office of Fair Housing and Equal Opportunity (FHEO). » MORE: Best mortgage lenders for first-time buyers Equal-opportunity housing lawsĮqual-opportunity housing laws were created to make sure every neighborhood in the U.S. “Magically, my mortgage was quickly approved and processed.” “Once I said ‘Hey gang, does this sound like Age Discrimination to you?’, then things got A LOT better,” they said. At 63 and financially able to buy a home, they felt the underwriters were making the process take a lot longer than it should have been. One ConsumerAffairs reviewer from Minnesota felt they were being discriminated against due to their age. An example of discrimination and unfair treatment is when a property manager refuses to rent a condo or apartment to a single woman but will rent it to a single man. Mortgage discrimination is strictly against the law. It means that every person has a right to fair judgment and treatment when it comes to housing and mortgage financing options. What does equal-opportunity housing mean?Įqual-opportunity housing is the idea that all people should be given the same chances and rights when it comes to choosing housing. Department of Housing and Urban Development or your state's fair housing agency.
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