FAQs for Minority and Ethnic Homebuyers
Q: How can Mortgage Grader help me?
A: We act as your partner to help you identify the mortgages that offer you a combination of the most flexibility and low rates. We create a summary of your income and credit history making just one inquiry into your credit report, not several (which can actually lower your credit score). We protect your identity and privacy so the lenders only see you as a balance sheet, not a home buyer who is white, African-American, Hispanic or Asian.
Q: I understand that lenders don't know what I look like or what neighborhood my property is in. What about the charge from Mortgage Grader? Can you or do you charge differently for African Americans and Latinos than Caucasian borrowers?
A: Never. Just like a grocery store, we charge the same for all of our clients.
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"Just like a grocery store, haggle and negotiation will not exist. The only language Mortgage Grader speaks is that of complete equality for every customer. There is no embarrassment or intimidation. You will never have to bare your soul to receive a loan decision." ... Jeff Lazerson, Mortgage Grader Founder
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