when can you ask about the sex, ethnicity, race, marital status and age of an applicant?
âA loan officer should never prescreen an applicant. The purpose for not discouraging you is to eliminate any prejudicial aspects of lending.â. Government regulations prevent lenders from denying loans based on race, color, religion, national origin, sex, marital status, age, or because you receive public assistance. However, under the Home Mortgage Disclosure Act, every loan application asks your sex, race and ethnicity, says Stevens.