LOL sure it does. Black wealthy CEO cries racism.

​@@double_joseph327yeah one person surviving a rare disease means everyone should survive it. That's you, that's how dumb your argument is. If one black person is successful, racism can't exist is literally the stupidest thing I've ever heard.

@@double_joseph327 there is truth in your statement don’t matter how much money a Blackman has he still can’t buy what he wants because of racism, proof you said it…….

@@double_joseph327Since when has one’s wealth been an immunity to racism? I guess the terroristic demolishment of Black Wall Street wasn’t based on racism either, huh?

Did you protest for hamas also?

But...but Tim Scott says that's not so. It's all good in the neighborhood! 🙄

You mean Mr Ed, when referring to Tim Scott! He must of forgotten they hate the people that look like him! 😂😂😂

Being able to write a check doesn't mean that much. Debt obligations matter. I can have $500,000 in my checking account, but owe $1,000,000 on my mortgage and another $1m in divorce settlement, another $1m in backpay to my employees, another $1m in back taxes, etc. People don't seem to grasp that the thing that gets you a loan is proven ability to repay it, not what you have sitting around, unless you're signing it over as collateral.

Lol, so credit means nothing to you?

@@leok7193while what you said is true I was turned down for a small loan for my business recently. My credit is close to 800 and i made over $400,000 this year. The loan was for 20,000 and my debt is under $20,000. One credit union said no and all the other banks said yes. I decided to pay cash.

put the corruption out of business, not the company and ALL of it's employees. etc.....makes it harder, for sure.

Good luck 😞

@@indymg4456Exactly. Good luck.

credit unions are owned by their members - so your lawsuit only hurts members have you not learned by now that this is just more propaganda to stir up anger and ratings ?

​@mike60521x how much do you know about ppl's personal experiences? Especially someone like me, a highly paid nurse with excellent credit and barely owing anyone anything?

Stay away from Wells Fargo, BOA, Truist and Chase. PenFed is a great option, been really good to me. 👍🏾

Hard to find a good bank as a black person. .

Take your business somewhere else where you will be treated like a valued customer! Don't stay with them!

@@YasukeNakamoto Support Black Banks. Google the list

You have two rental properties? Are they paid off? If not then that's why they denied you

You hit the nail on the head,💯💯💯 on that!

Because a house costs 400k and all those other things are less than 50k. Maybe it’s because the white applicants have a stronger credit history and less debt. These are products of being black in society that was racist. Whites are trying to even the playing field and open up more opportunities but only to the blacks who want it (even then they are still met with racism sometimes). Once blacks establish themselves better financially in society then the disparity of credit applications should even out. Until then common sense says “hey, if blacks were held back for 150 years then I’m sure they aren’t going to be approved for loans as much as whites” it’s not on the banks though to take that risk, it’s on blacks to prove they are worth that risk. Just like it’s on whites (and everyone else) to prove we are worth that risk

It's all by design. Remember the time where they stated blacks don't make the same money as whites due to higher education attainment? Fast forward to today and even with higher educational attainment, a white with only a high school diploma will do equally or better than a blk with college degree. They will cite all kinds of reasons: well it's because of this; no because of that, etc. Truth is as long as they remain the gatekeepers to success 🙌, blacks in general will continue to be at the bottom by design no matter what we do. 😳

I've never seen so many victim complexes in my life. Improve your credit score and debt to income ratio and you'll be approved! Nowhere on these applications are a box where you have to check your race! If a white person with the same info came in and wanted a loan he'd be denied too

Why vacations? I could even see a car because that's an asset that can be repossessed. But why vacations?

THAT PART! X 10000

Got my GI benefits, traveled the world, met great people and built my resume!!

This is all speculation they have zero proof . Credit scores were not used at all.

@@DrPhill96 Aside from GI benefits I have traveled to at least to 80 countries and my home is almost paid off and I didn't join the military. 👍 You don't have to join the military in order to travel and work. That's a big misconception.

@@lordvonmanor6915 - But I traveled for free. And my housing is now provided for oversees because of my value. It’s not even close. Hoorah!!! Terminal degree paid with my GIBill. Journeyman’s license provided by the military. Security Clearance initiated by the military. Joining was my best decision. Leveraging my benefits was the second. Getting out was the third.

I've heard and personally experienced it. It's all about areas- Whites living in the area is marked "luxury" as black areas are marked "lowest school system scorings"

@beekaye1496. Your story and this one imply that NFCU needs to be investigated from keel to conning tower.

They prefer war criminals

​@@floydjohnson7888Investigated for what racism injustice and inequality is baked in nothing will change

Wear rascism glasses and you'll see rayscism. You could just pay your bills or deal with the consequences of not paying them.

​@@symbol8246always one of yu in the comments looking for attention

Nothing wrong with building a house and living off in the woods

@@JessicaAlvarez-kg1bo🙄

The story is about conventional loans not VA loans.

@@JessicaAlvarez-kg1bo Dam, you're hateful.

You don't qualify for the fucking mortgage if you have a bad credit score.

Nonsense. You were asking for a mortgage on a house you could not afford.

Are you guessing? You know this how?​@FreshLounger

They actually finished this investigations and found race was not a factor in any of the application. There are numerous considerations when taking out a loan such as income per year, Debt, Credit history ect. I have Navy federal and was rejected numerous times. My credit score was 800 like yours but I did not have enough credit history so I started using a credit card and paid it off in full each month. Two years later I was finally approved for a loan. When I was in the military I would see people all the time waste money on fancy jewelry, cars, ect than they would complain why they got rejected because they had a lot of debt or had no credit history...Some people in the military also live way above their means and if you look at the officers they are mostly white and officers make the most money so it kind of makes sense why there is a huge gap in the approval rating between whites and blacks. People need to stop playing the victim card and take control of their financial situation.

@@FreshLoungeryou sound like you eat paint chips all the time did you not READ what he wrote he got approved by another lender stop being a dumbass good lord clearly he had the cash flow and money to afford a mortgage

I was told by my realtor to never go through navy federal credit union they are terrible. I remember the endless documents I would have to send in I was just beginning ai was like nope not using navy federal went to another lender was a breeze

It's a design.

Naw it's accident

Its the american way, please remember they never apologize for slavery

You are correct. It's not an accident. It's because Black people have lower credit scores. It's that simple.

@@garagedoorrus who the fuck are we supposed to apologize to? And don't you think the black African tribal chiefs who sold Black people into slavery should apologize first?

I took got denied after going through the whole process of being approved for a conventional HELOC . I've contacted them a couple of times trying to see if it was something different that I can do to consolidate my debts that I was initially approved for

Leave, bye bye.

Same with me, but I haven't tried for the home loan yet, although I am looking for a home right now to purchase. I have been with them for over 20 years. I hate hearing this. I am considering moving my change somewhere else!

@@mecyme the way my mind works is this is an issue everywhere it’s just hidden better at certain institutions… but I will tell you this, I remember gathering all my documents for this home loan, and everything that me and that person spoke about.. this was going to be my first home purchase and being honest I didn’t know much about the process … I remember we spoke for a solid hour and a half once I passed the first step and was scheduled for a phone interview with a loan officer…to just be denied and now this has come out. It makes me somewhat angry.. I’m sure they knew from the beginning they weren’t going to approve me …

Yup hai oh en to us last year and my husband served this awful country! We have enough income and our credit scores was at 766 and we been with this bank for 6y now get approved for everything else but nope not the home loan. Went thur credit union if New Jersey and was approved no problem where is the lawsuit coming cause they are discriminating against blacks on mortgages big facts

THAT IS CORRECT!! There needs to be some sort of legal rule or process created whereby THE UNDERWRITERS WHO DENY THESE LOANS have to attach their names to the denials and input their approval/denial information after each loan is processed into a government database for discrimination-tracking purposes.

@@VegasElement That's an excellent idea.

Imagine having to deal with people in a country having to gaslight you that it doesn't happen and never happened.

This has always been the outcome when white people is control of everything..

I pray china raises strongly where we will have better alternatives to the west.

​@evos469 the gaslighting is the hardest. The people who don't have to see it swear it doesn't exist.

What do you expect? At one point black people were literally property to white people. You honestly think they will just give them the golden egg? No! They want black people to remain psychologically a slave.

I was approved right away, great to be white

Stop ignoring the elephant in the room

Ok... I'm not American. Do they see your skin while giving the loan? Is it possible black-American servicemembers just have worse credit? Black/red/yellow/white the money is always green in the USA. Why would they deny black applicants? What about Hispanic? What about indigenous? I guess it's like the bathroom thing decades ago. Hate black folks so much that they'd spend the money to build separate washrooms and fountains. Just nuts. I can't imagine a banker in my country looking at someone with 100k down and a clean credit history and denying them because of skin. I mean if I was a bigot and a banker I'd giggle with glee when I could take money from the group I dislike. "tee he he. It'll be 10 years before that will even touch the principle on this loan." I legit can't wrap my brain around this conceptually.

My realtor was so upset because it took so long to close. I didn't think it was because of this but I guess the numbers don't lie.

@@DavidJ2222 Yes it is for you. Blessings on having the best color in the USA. I am sure you will eventually get everything you deserve in life.

Yeah, CEO's never drive companies into bankruptcy. They are always totally responsible and always make good decisions!

I think because he's African, he thought that working hard and having good credit would open doors, regardless of race. It's in my opinion that, like many Africans, he may have had the opinion that Black Americans didn't work hard enough to get ahead in life, but he got a wake-up call about the sinister practices against black people in the US. I wish him the best going forward.

Vert True, 👊🏾🇳🇬🇺🇸

@@ddrebrne3336 Hmm… Sad/True… 👊🏾🇳🇬🇺🇸

He's African. Maybe he thought he was different.

@@MaryJaneJones. REALLY??? That’s all you got from this??? He obviously served in some capacity. He’s a successful Businessman/Entrepreneur. He was dropping 100K as down payment. He also spoke about how these sorts of obstacles can and will affect Families for generations to come. Seems to me this experience is teaching him a lot about Europeans that he might otherwise not have understood or learnt in Africa. There were MANY positives and you LEANED into the negative… We have to learn to appreciate and celebrate little victories. I’m saddened that he and his family had to experience this condescending and insulting situations I’m happy, cos it will help Africans understand African/Black Americans more, 👊🏾🇳🇬🇺🇸

​@AndyGKaufmanhey, they wuz kangs an shiyut!

@@j.r.8592sand white people be like wE wAS vIkangz !!! You POS !!!

Go ahead and sue them based on fake news CNN so called report

More shilling for blacks by Whites (i.e., by useful idiots), where the former murders the latter at a X15 clip... Ah, the self-abnegating allure of ever more warmth and fuzz!*

time for reparations

That's the major difference between the U.S. and other historically racialized countries with a record of persecuting minorities, like German and South Africa. The Germans and South Africans acknowledge their gross misdeeds and are somewhat embarrassed by them. In the U.S., caucasian amerikkkans simply deny, ignore, or justify racism with lies, actively dismissing real stories of their black countrymen. It must be exhausting for both parties.

💯💯💯💯💯💯💯💯💯💯

I think the 48% approval rate is still way too high! Don't let them outrage you! The truth is at least 85% of blacks should be denied, they have no staying power for their income, they are lazy, have no motivation and they are all involve in criminal activity!

Right! Rather insidious of them. They are begging for a lawsuit, that’s for damn sure!

"interesting" is NOT the word I'd use, but I understand what you trying to say.

Its interesting black folks wont acknowledge there are whole videos and podcasts by black content creators on how to lie to get membership in Navy fed and how to lie on loan applications, but black folks want to cry discrimination when the deny loans. Could it be the same scammers trying to get credit cards applied for mortgages and since its stricter requirements on mortgages that is the disparity seen during the 2021-22 statistics. Search EYL Navy FCU scam.

@@duancoviero9759 you people should be in jail anyways!

@nigelmcgiver2275 Charity? What is wrong with you?

@nigelmcgiver2275bot, i see you in every reply.

What does your time in the military or deployments have to do with applying for home loan? The fact that you're brining irrelevant information to the argument suggests why you might have trouble getting through standardized loan application.

@nigelmcgiver2275 Hadn't even realized I've been with NFCU 36 years and have gotten the blue letter of denial in those years, I knew I needed to improve my credit profile, never did think of it as discrimination though, Navy Fed and USAA are tough on your credit profile!!

​@nigelmcgiver2275 They are ONLY a CHARITY for YT FOLKS!! The original applicants that do not even have or meet the requirements!!😏✌🏼

No one ever stands up and enforces Civil Rights or after 200 years we would be much further along

I doubt you have any money or education. I'd put MY money on that 😂💀

Decades

why do these fools keep joining the army?? They won't advance u even when qualified and you won't get the same benefits as everyone else. They deserve to be conned

@nigelmcgiver2275 Dumbass NFCU doesn't have a min credit score requirement.

@nigelmcgiver2275 didn't this guys letter state he had excessive obligations?? that is a reason to deny anyone under that standard I would think, you're a credit risk to them

​@nigelmcgiver2275what makes you think black people have bad credit?

Facts. I saw that report.

I think it was either west coast or Pacific Northwest. Their house was valued at 800k then 1.3m. I seriously plan to do the same and have a white friend meet the appraisers

Because blacks make property value drop, more than likely because of all the bad eggs that ruin it for the good and honest black people

You're talking about this couple: kzfaq.info/get/bejne/fdOjrZao1qeRo2w.html

aka 'whitewashing' the house. Smfh

Thanks for the resource.

Appreciate this

But asking for reparations is considered a ✋️ out ... no its jus giving us interest on what you owe us

Found this out the hard way...

Sadly, same for appraisals.

If you wanted the best offer maybe you should first change your name too a Jewish or ilalian name …..

Indeed! We are in a global System of Racism White Supremacy and it dominates all areas of people activity.

Fact

@nigelmcgiver2275 that's what I would think, navy fed is tough!! been with them 36 years

​@nigelmcgiver2275 "it's business" doesn't mean anything, its all manipulated. that's why Don Trump faked his business valuations for 40+ years and ran for president as a "successful businessman" wheb he couldn't even tell the difference between 10k Sq feet and 30k Sq feet

@nigelmcgiver2275this guy has a great source of income! What are you even talking about

These loan approvals are pretty much automated and nowhere on the application is a box you check for your race. If your credit score suck and you don't make enough money you will not get approved. It's as simple as that. Race plays absolutely no factor in loan approvals. Please go find something else to scream racism at cause this is laughable to anyone that knows how the loan process works

@nigelmcgiver2275I guess you ignored the part of the video that said the house buyer was able to get a mortgage for another Bank immediately after he was denied by Navy Credit.

Me too with 20% down

I hate that you gave up....I pray you get back to shopping for a home....God bless you and your family.

@@problactive285 thank you. I definitely plan to look again in the new year. I’ll just make sure to never work with navy federal again

@@user-kk9hp6sf3t Mortgage rates have now peaked and are scheduled to enter a period of downward adjustment. Plan accordingly

It had nothing to do with the color of your skin.

what would it take to make up for slavery? bc let's make it happen..bc it would no longer be racist or a hate crime to call black ppl lazy as hell

I don’t understand bigotry and will never allow it around me. 🇨🇦

@@I-dont-replythat’s the beginning of it, so it’s understandable to bring up. You people also want to erase history as if nothing happened

@@I-dont-reply saying someone said something and saying what people want are two different things! Reading comprehension is important and taught in school.

@@Underdog271you’re just a racist 👍

Mind if I ask, what was your mortgage interest rate?

There's no proof just speculation for some clicks and views

Congrats! You are probably a W2 employee with valid income. He’s a business owner who probably claims zero income to avoid taxes.

@@double_joseph327 He ended getting a mortgage from a regular bank. Navy just turned him down coz his name was too black!

@@Blissful-es1kk Whites AmeriKKKa,

True. I got approved with NFCU with no debt, 800 credit score, and they gave me a 5.75% loan ….back when everyone was getting 2.5 !!!! Never again!

What was the loan for and when was it applied for?

That's because they have bad credit scores.

@@cbenford i'm gonna call bullshit on that story. Where is your proof of your interest-rate was because of your race?

@@ajt8967 no it didn't. Not because they're black.

No it is not written into the Deeds on the property. That's a lie.

Minority in legalese has nothing to do with race...it's about independence and knowledge!

@@DavidThomas-me6pi It most definitely was in Chevy Chase Maryland until the 80s. I used to work at Chevy Chase Bank

@@cheddarboyzz313 proof?

You'll never prove it was racism because it wasn't racism. There's no evidence that it was racism.

@@DavidThomas-me6pidid you watch the video ffs stop eating paint chips

Wyte liberals don't believe it exist. He is a fool for joining the army to begin with. Risking his life for these people 😂😂😂what a fool

@@MisterClassified-kk8jzYou said exactly what I was thinking; good point.

​@@MisterClassified-kk8jz Easier to Maintain a good credit score if You're net worth is Huge.. Whites average 10 times the average Black households net worth...

@@MisterClassified-kk8jzif it doesn’t say that either you can’t make assumptions

@@ironeagle4274where is the data that supports his claim

@nigelmcgiver2275 your mom works the corner

This happens to people with bad credit...

*They have reliably the **_WORST_** credit of any group there is - not surprised.*

I think the 48% approval rate is still way too high! Don't let them outrage you! The truth is at least 85% of blacks should be denied, they have no staying power for their income, they are lazy, have no motivation and they are all involve in criminal activity!

@@j.r.8592 this happens to self employed borrowers all the time because they think they make 200k a year but on paper they write everything off and claim no income to avoid taxes LOL

Hint, hint. They don't want you there either. You are doing exactly what they want you to do. Go away.

@@ButcherBird-FW190DYour statement proves you’re not intelligent. Because everybody welcomes money

They're all the same

​@@OneTakeTuberThey sure are! This is Amerikkka, NOWHERE is safe for black people...

You Black?

Why do you think 740 makeyou qualified? It also depends on downpayment.

@ussreeves24 yall will say anything to justify your bullshit. 740 is more than qualified. You can get a mortgage with 100 points less. Also, a VA lonan has no down-payment.

Despite the stats documented on paper an before the eyes, there will still be those who will conclude race was not the primary factor. It is so ridiculous until it is laughable. U just have to grin and smile at how we can land on different ground with the exact set of truths.

its all speculation zero proof

They don't deserve your to use your money for all your working life just to turn you down when needed most. Oh no. Why hang in there longer when you know what they will do.

Whites AmeriKKKa,

Oh yeah...GEICO. I remembered GEICO having a practice during the 1970s of steering Black prospects to its Crittenden Insurance subsidiary (I don't think this company exists now), which focused on insuring higher-risk drivers.

Oh wow, I never knew about Geico!

I just opened an account

Who are kidding? I bet you don't have a dime to your name and don't even know what a bank account is. AND yes your not owed reparations or a dam thing! Leave if you don't like it here. I will pay your ticket and Sudan looks great!

@Theboss20244 FACTS!

First nations have been here first, treated WORSE and they still get their land taken away. What do you expect?

@@punchthem4582 Bet you don't have enough dimes to buy a ticket to SUDAN.

Exposed that people with bad credit get denied?

I think the 48% approval rate is still way too high! Don't let them outrage you! The truth is at least 85% of blacks should be denied, they have no staying power for their income, they are lazy, have no motivation and they are all involve in criminal activity!

what was exposed its all speculation

@@j.r.8592he had a 700 credit score and a 6 figure income. What more do you want?

@@j.r.8592 Shut up Poosy 😂

it all means nothing when they dont even look at the credit score its pretty simple the other bank had riskier lending standards

Sounds like class action lawsuits plus navy will cut ppl limits once lawsuits start going dwn

With navy credit union?

@@jarviswilliams2465 Community America Credit Union!

You had to be given a reason why they turned you down. What was it?

& it's always strange when there are sudden "concerns" at the middle and end of closings

Same here!

Navy Federal is not affiliated with the US Navy or any military institution. But it does have agreements that allows them to operate on military installations. Given the DoD's longstanding policies on discrimination with respect to contractors and vendors, I am surprised that complaints haven't been filed with the Inspector General.

I bet you dont think the usa is a racist country.

Oil companies and corporation's have been making record profits ever since the Trumpvirus and the Trump warp speed covid vaccine of 2020

😂😂😂😂😂😂😂😂😂😂😂😂

@@dmac7128yet, he wasn’t wrong on his comment

Exactly

If this is shocking, you obviously haven't studied history...

Kamala

@@theRealJohnnyAppleweed As a non-American I find it shocking. I mean, if I were a bigot and a banker, I'd feel gleeful forcing the group I didn't like to pay a loan wherein they won't touch the principle for 10 years.

@@DAndyLord Rembrandt, you're Canadian... Quit virtue signaling...

@@theRealJohnnyAppleweed You totally nailed the Canadian thing (très impressionnant), but my name is Andy, not Rembrandt. Virtue signaling to whom, and for what reason? I genuinely don't understand, and am trying to understand, American-style bigotry.

This sent me. 😂

I think the 48% approval rate is still way too high! Don't let them outrage you! The truth is at least 85% of blacks should be denied, they have no staying power for their income, they are lazy, have no motivation and they are all involve in criminal activity!

He's an immigrant. If he was an American descended from slaves he wouldn't have been surprised. He'd be mad but not surprised

Important saying

hes from kenyan . HE believed the accent would over come the browness of his skin. Now he needs to put some Respeck on this racism.

A lot of people from Africa don’t know how racist usa institutions can be. Glad they have that experience

Amen

@nigelmcgiver2275 I concur!

@nigelmcgiver2275 you don't know my score or what I expect so don't talk about me im going off the facts presented in this video and stating truth.

@nigelmcgiver2275This man is a CEO .

@nigelmcgiver2275 did you pay attention to the story? People with good credit, good sources of income and good down payments are being rejected by Navy Federal. These same individuals applied at other banks/credit unions and got a loan.

He had too much debt for NFCU everyone is acting like its a mystery. They listed the reason why he found another lender and that was ok with his debt thats ok. He was a CEO of a company not anymore you can miss it pretty easily.

@@serenitynow7854 not even his debt. He’s self employed. Probably writes off everything and claims not as much income as he stated to get pre approved. Every self employed borrower does it. “ oh I make 500k a year” but on paper you make 100k because you avoid taxes by writing everything off lol

@@serenitynow7854 What you're missing, pretty easily, is that ANOTHER lender approved this applicant almost immediately. Why? Is the "approval algorithm" that different between the top mortgage lenders? It shouldn't be, if the prevailing criteria is having the borrower pay back the loan, on time. CNN's analysis stated that Black applicants to Navy Federal were more than twice as likely to be denied as White applicants even when MORE than a dozen different variables - including income, debt-to-income ratio, property value, downpayment percentage, and neighborhood characteristics - were the same. Yep...you can miss it pretty easily...

@@kenc2257 yet they didn't include credit score... Kinda the most important part of a mortgage application. It could be a number of things algorithm maybe it's the military the other top 50 lenders are banks so don't have to help a specific group of customers. Maybe the credit score criteria is very high so it creates that gap. I don't think it is an evil mustache twirler saying black application deny it. I do acknowledge there's a small chance it's racism. I don't understand how people can't see the wholes and are so arrogant they know for certain.

@@kenc2257 Yall ignore this guy. From his comments, he didn't watch the video or read the article.