Fair Housing
Under Arizona fair housing law, which of the following would constitute discrimination in lending?
ARequiring a minimum credit score for all applicants
BCharging higher interest rates to applicants based on their race✓ Correct
CRequiring income documentation from all borrowers
DRefusing loans on investment properties in any market
Explanation
Charging different interest rates, terms, or conditions based on a borrower's race (or other protected class) is discriminatory lending—a violation of both the Fair Housing Act and the Equal Credit Opportunity Act.
Related Arizona Fair Housing Questions
- Under the Fair Housing Act, which of the following properties is generally EXEMPT from the fair housing prohibitions?
- Familial status as a protected class under federal fair housing law protects:
- Testing (fair housing testing) in Arizona is conducted to:
- A real estate agent who tells prospective buyers that a neighborhood is 'changing' in a way that implies racial or ethnic composition as a reason to buy or sell is engaging in:
- Under the Fair Housing Act, disability is defined as:
- Under the Fair Housing Act, a housing provider who discriminates based on a protected class is subject to penalties including:
- An Arizona real estate agent who shows clients only certain neighborhoods based on their race or national origin is committing:
- The Home Mortgage Disclosure Act (HMDA) requires lenders to:
Practice More Arizona Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Arizona Quiz →