Fair Housing Act
The Fair Housing Act is a federal law that bans discrimination in selling, renting and financing homes. In mortgage lending, it means no one can be refused a loan, charged more or steered to worse terms because of race, color, religion, sex, national origin, familial status or disability.
- Licensed mortgage broker
- Company NMLS 2783307
- Equal Housing Opportunity
Our commitment
Equal Access to Homeownership
HomyLoan fully complies with the Fair Housing Act, which prohibits discrimination in any housing-related transaction, including mortgage lending.
We are committed to promoting fair, inclusive access to mortgage financing for every individual and family.
We ensure that:
- Every borrower receives equal opportunity
- No applicant is discouraged, steered, or treated differently
- Our communication remains unbiased and respectful
- All decisions are based solely on financial qualifications
What the law requires
What the Fair Housing Act covers
Congress passed the Fair Housing Act in 1968. The U.S. Department of Housing and Urban Development (HUD) enforces it, and the Department of Justice can bring cases too. It reaches anyone involved in a residential real estate transaction, including lenders, brokers and appraisers.
Seven protected classes
Race, color, religion, sex, national origin, familial status (families with children under 18, and people who are pregnant) and disability.
Equal terms and pricing
Rates, fees, down payment and other loan terms can't differ because of a protected trait. Only credit and loan factors can count.
No redlining or steering
Lenders can't avoid certain neighborhoods because of who lives there, or push applicants toward particular loans or areas based on a protected trait.
Fair advertising
Housing and mortgage ads can't show a preference for or against any protected group. That's why you see the Equal Housing Opportunity logo.
What it means for you
Your rights when you finance a home
- To get the same information, options and courtesy as any other applicant.
- To apply for a loan on any home, in any neighborhood, without being discouraged.
- To ask for a reasonable accommodation if you have a disability, and to have disability income considered like any other reliable income.
- To report discrimination to HUD, generally within one year of when it happened, without retaliation.
How HomyLoan follows it
Equal access, every application
- We serve homebuyers and homeowners across Texas, in every community, and talk with every caller the same way.
- Loan options are compared across our wholesale lender network using credit and property factors only.
- Our marketing carries the Equal Housing Opportunity statement.
- If you need an accommodation to complete your application, ask your loan officer.
If something goes wrong
How to file a complaint
If you believe you faced housing discrimination in a mortgage transaction, you can file a complaint with HUD, generally within one year. Credit discrimination can also be reported to the CFPB, and licensing concerns to the Texas SML.
U.S. Department of Housing and Urban Development (HUD)
HUD's Office of Fair Housing and Equal Opportunity takes housing discrimination complaints, including mortgage lending. Complaints are generally due within one year of the event. HUD's fair housing line is 1-800-669-9777.
hud.govConsumer Financial Protection Bureau (CFPB)
The federal agency for mortgage complaints, including disclosures, credit discrimination and loan originator conduct. The CFPB forwards complaints to the company and tracks the response.
consumerfinance.gov/complaintTexas Department of Savings and Mortgage Lending (SML)
The state regulator that licenses residential mortgage loan originators and mortgage companies in Texas. Its website has the consumer complaint form and instructions.
sml.texas.govFair Housing Act FAQs
It bans discrimination in housing and mortgage transactions based on race, color, religion, sex, national origin, familial status or disability. It covers lenders, brokers, sellers, landlords and appraisers.
Yes. It covers making, pricing and setting the terms of residential mortgage loans, plus the advertising and appraisals connected to them.
Redlining is refusing or limiting loans in a neighborhood because of the race or national origin of the people who live there. It's illegal under the Fair Housing Act.
Contact HUD's Office of Fair Housing and Equal Opportunity online or at 1-800-669-9777. Complaints are generally due within one year of the discrimination.
It tells you the company does business in line with the Fair Housing Act. HomyLoan uses it in our marketing.
Related policies
More on how we protect borrowers
- Equal Credit Opportunity ActCredit decisions based on finances, not personal traits.
- Fair lendingHow federal fair lending laws work together.
- Dodd-Frank ActThe CFPB, Ability-to-Repay and loan originator rules.
- Advertising standardsWhat rates and terms in our marketing do and don't mean.
- State laws and regulationTexas licensing and home equity rules.
- Data privacy and securityYour privacy rights and how to avoid wire fraud.
- About HomyLoanWho we are and how we work as a mortgage broker.
- NMLS Consumer AccessVerify Company NMLS ID 2783307.
Licensing and trust
Licensed, and easy to verify
HomyLoan, LLC is a licensed mortgage broker, Company NMLS ID 2783307. You can confirm our license status at any time on NMLS Consumer Access, the official public lookup run by the Nationwide Multistate Licensing System.
License details
Public record on NMLS Consumer Access
- Legal name
- HomyLoan, LLC
- License type
- Mortgage broker
- Company NMLS ID
- 2783307
- Individual NMLS ID
- 2658032
Equal Housing Opportunity. We do business in accordance with the Fair Housing Act and the Equal Credit Opportunity Act.
Questions?
Ask a licensed loan officer
If something about your loan or your rights isn't clear, ask us. We'll explain it in plain language or point you to the right agency.
This page is general information, not legal advice.