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#2210957 - 04/12/19 01:26 PM Closing Cost discount for employees of a business
Anonymous
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Our mortgage lender wants to offer the employees of a local business in town a mortgage loan closing cost discount. The discount will be available to any employee and not based on a relationship with the bank. I am wondering about fair lending implications. Do other banks offer a program like this?

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#2211057 - 04/15/19 01:18 PM Re: Closing Cost discount for employees of a business Anonymous
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The Swamp
At a prior bank, we did this for certain businesses. Typically, so long as it's open to any of them and they are a diverse business, you should not run into any issues...or at least ours was not criticized.
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