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Fair Lending - Limited English Proficiency

Do we have to provide translators for loan applicants who do not speak English?

The Department of Housing and Urban Development published recent guidance on Fair Housing Act Protections for Persons With Limited English Proficiency (LEP). The guidance applies to a financial institution’s role as a mortgage lender or as a landlord. The guidance does not require use of translators but it encourages lenders to adopt appropriate policies and procedures to assure appropriate treatment of LEP applicants.
Learn more about Jack Holzknecht’s webinar
Fair Lending - Do Your Lenders Know the Requirements?

First published on 05/27/2018

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