Finance
Under the Equal Credit Opportunity Act (ECOA), a lender in Florida may NOT deny a mortgage application based on:
AThe applicant's debt-to-income ratio
BThe applicant's credit score
CThe applicant's race, color, religion, national origin, sex, marital status, or age✓ Correct
DThe property's appraised value being less than the purchase price
Explanation
ECOA prohibits lenders from discriminating in credit decisions based on race, color, religion, national origin, sex, marital status, age, receipt of public assistance income, or the exercise of ECOA rights.
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