D.M.’s Black applicants more likely to be denied home loans than their white peers

D.M.’s Black applicants more likely to be denied home loans than their white peers

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BPC Staff | Aug 30, 2021 | 3:56 pm |

<1 min read time

In the Des Moines metro area, Black applicants are 2.6 times more likely to be denied a conventional home loan than similarly qualified white applicants, according to an analysis of 2019 data released last week by the Markup, a nonprofit newsroom.

Des Moines Register: In the Des Moines metro area, Black applicants are 2.6 times more likely to be denied a conventional home loan than similarly qualified white applicants, according to an analysis of 2019 data released last week by the Markup, a nonprofit newsroom. Des Moines has the fifth-greatest likelihood of denial for Black applicants out of 71 U.S. metro areas that the Markup found had statistically significant disparities in home loan approvals. It tied with Albuquerque, N.M., and Stockton, Calif.

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