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A creditworthy married applicant applies individually for a mortgage in her own name and qualifies on her own income. Under ECOA, may the lender require her husband to co-sign?
a.No; a lender may not require a spouse to co-sign if the applicant independently qualifies
b.Yes; spouses must always be included on mortgage applications
c.Yes, but only for FHA loans
d.Only if the property is in a community property state
Giải thích
ECOA prohibits requiring a spouse's signature when the individual applicant qualifies on her own for the amount and terms requested. Marital status is a protected basis, and a lender cannot mandate spousal co-signing simply because the applicant is married. Loan type and community property status do not override this protection when she independently qualifies.
Trích dẫn luật: ECOA / Regulation BLuyện miễn phí toàn bộ 400 câu hỏi — không cần đăng ký.
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