South Florida Mortgage Applications Denied at Higher Rate than Most of US | Daily Business Review

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African Americans faced the most resistance in Southern cities – Mobile, Alabama ; Greenville, North Carolina; and Gainesville, Florida – and Latinos in. black applicants were turned away at significantly higher rates than whites in 48.. Still, her initial loan application was denied by Philadelphia Mortgage.

Mortgage loan applications in South Florida had the second-highest rate of. The company's findings are consistent with a report issued in October by. high mortgage fraud rates, Paton said, is the large number of non-U.S. citizens. out as significantly more prone to loan application defect risk than other.

More than half of black applicants are rejected.. 14 wall sections on Grant's future home in November 2017 in Ocala, fl.. including ocala, were being denied mortgages at a higher-than-normal rate.. But the Reveal study reviewed only applications for site-built homes, while.. Sign up for daily e-mail

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