Card 14 / 28: Which is FALSE under the Equal Credit Opportunity Act?
A)
All income declares can count towards buying a home.
B)
Homebuyers may not be discriminated against due to gender.
C)
Homebuyers receiving public assistance may qualify for a loan.
D)
Lenders cannot deny a homebuyer's application when income is not ongoing and/or verifiable.
Answer:
D) Lenders cannot deny a homebuyer's application when income is not ongoing and/or verifiable.
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