Answer: refuse to grant loans on the basis of the financial condition of an applicant who is a member of a minority group.
Explanation:
The Fair Housing Act covers most housing and it helps prevent discrimination when people want to either purchase a home or rent it.
Under the Federal Fair housing Law it is permissible to refuse to grant loans on the basis of the financial condition of an applicant who is a member of the minority group. Under this law, one can't be rejected because of their sex, race, religion etc.