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Limited English Proficiency

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

The Department of Housing and Urban Development has published 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.
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Learn more about Jack Holzknecht’s webinar Fair Lending - Do Your Lenders Know the Requirements?

First published on 10/13/2019

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