Fair Housing
Vermont's 'equal treatment in mortgage lending' requires lenders to evaluate all applicants based on:
ANeighborhood demographics
BCreditworthiness, income, and ability to repay — not on race, national origin, or other protected characteristics✓ Correct
CThe property's location relative to protected areas
DThe applicant's political affiliation
Explanation
Equal Credit Opportunity Act (ECOA) and fair lending laws require lenders to base mortgage decisions on financial factors (credit, income, assets, employment) and not on protected characteristics such as race, national origin, sex, or religion.
Related Vermont Fair Housing Questions
- The exemption from the federal Fair Housing Act for a private individual owner ('Mrs. Murphy exemption') applies when:
- Vermont's 'disability' under fair housing law includes:
- A Vermont agent's duty to provide equal professional services means:
- Vermont's prohibition on discrimination in housing based on source of income protects:
- The federal Fair Housing Act of 1968 prohibits discrimination in housing based on:
- Vermont's 'Fair Housing Education' required in CE is important because it:
- Vermont's HUD complaint process allows aggrieved persons to file within:
- Blockbusting is the illegal practice of:
Practice More Vermont Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Vermont Quiz →