Hey Denis,I would say that term is pretty good considering its over 20 to 25 years! 

There are areas where you can't deny family moving in, even if they're not on the lease to begin with. 

Then read up on Unfair, Deceptive, or Abusive Acts or Practices Act with the same thought in mind.When you are done with that, consider you lack a Compliance Management System so the IRS, the FTC, FinCEN, and OFAC might also want to visit you in addition to the CFPB.

We've successfuly lended on many homes that banks have previously denied.

Boom, you just spend 15 grand easy.Now a tenant moves out and the kitchen cabinets doors are falling off, the cabinets are rotted and the horrible yellow vinyl flooring screens 70's + 40 years of abuse and cigarette stains, and the kitchen cabinets are rotted under the sink and the counter needs to be replaced anyway.

To address the common rebuttals, many folks will say "education" but this is really an abused idea.  

Even if you are legally due the EM they can deny and tie up in court and although you might eventually prevail you will waste a lot of time and money.

Bleeding heart will make you feel sad for that first person too if you deny them...Once they accept, let the 2nd person know the prior application was approved and since you didnt process her application you are refunding the application fee. 

I could never work with that person because they abused my trust from day zero.As to your person, do you trust her?

For instance in my state of Illinois in Cook County you can not discriminate based on the program but you can deny due to credit.