Fair Lending Notice – California Department of Real Estate
The Housing Financial Discrimination Act of 1977 Fair Lending Notice
IT IS ILLEGAL TO DISCRIMINATE IN THE PROVISION OF OR IN THE AVAILABILITY OF FINANCIAL ASSISTANCE BECAUSE OF THE CONSIDERATION OF:
- Trends, characteristics or conditions in the neighborhood or geographic area surrounding a housing accommodation, unless the financial institution can demonstrate in the particular case that such consideration is required to avoid an unsafe or an unsound business practice; or
- Race, Color, Religion, Sex, Martial Status or National Origin of Ancestry.
IT IS ILLEGAL TO CONSIDER THE RACIAL, ETHNIC, RELIGIOUS OR NATIONAL ORIGIN COMPOSITION OF A NEIGHBORHOOD OR GEOGRAPHIC AREA SURROUNDING A HOUSING ACCOMMODATION OR WHETHER OR NOT SUCH COMPOSITION IS UNDERGOING CHANGE, OR IS EXPECTED TO UNDERGO CHANGE, OR IN APPRAISING A HOUSING ACCOMMODATION OR IN DETERMINING WHETHER OR NOT, OR UNDER WHAT TERMS AND CONSIDERATION TO PROVIDE FINANCIAL ASSISTANCE.
THESE PROVISIONS GOVERN FINANCIAL ASSISTANCE FOR THE PURPOSE OF THE PURCHASE, CONSTRUCTION, REHABILITATION OR REFINANCING OF ONE TO FOUR UNIT FAMILY RESIDENCES OCCUPIED BY THE OWNER AND FOR THE PURPOSE OF THE HOME IMPROVEMENT OF ANY ONE TO FOUR UNITY FAMILY RESIDENCE.
IF AN APPLICANT/BORROWER HAVE ANY QUESTIONS ABOUT THEIR RIGHTS, OR WISH TO FILE A COMPLAINT, THEN CONTACT THE MANAGEMENT OF WESTAR LENDING GROUP BY PHONE AT (888) 797-7970 OR IN PERSON AT 19100 VENTURA BLVD. SUITE 9 TARZANA, CALIFORNIA 91356 OR:
CALIFORNIA DEPARTMENT OF REAL ESTATE 1651 EXPOSITION BLVD. SACRAMENTO, CALIFORNIA 95815
CALIFORNIA DEPARTMENT OF REAL ESTATE 320 WEST 4TH ST SUITE 350 LOS ANGELES, CALIFORNIA 90013-1105