# Minn. R. 4900.0080: CREDIT REVIEW

> Minnesota · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_MN_ADR_4900_0080

## Section

- **Citation:** Minn. R. 4900.0080
- **Heading:** CREDIT REVIEW
- **Jurisdiction:** Minnesota
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Minnesota Administrative Rules / MINNESOTA HOUSING FINANCE AGENCY / Chapter 4900 / Part 4900.0080

## Text

The agency may review, or cause to be reviewed, loan and mortgage applications for suitable credit worthiness. In evaluating credit worthiness the agency may consider: A. the percentage of applicant's income which can reasonably be expected to be spent on housing costs; B. the amount of applicant's outstanding debts; C. the applicant's employment history and likelihood of continued employment; D. the applicant's credit history; E. whether applicant has ever sought bankruptcy relief; and F. on a case-by-case basis, the general educational background and residential stability of the applicant.

## Nearby sections

- [Minn. R. 4900.0010 DEFINITIONS](https://www.frixlaw.com/law-library/statutes/STATE_MN_ADR_4900_0010.md)
- [Minn. R. 4900.0011 EFFECTIVE DATE](https://www.frixlaw.com/law-library/statutes/STATE_MN_ADR_4900_0011.md)
- [Minn. R. 4900.0020 SCOPE OF RULES](https://www.frixlaw.com/law-library/statutes/STATE_MN_ADR_4900_0020.md)
- [Minn. R. 4900.0050 STAFF SERVICES TO ASSIST HOUSING SPONSOR IN PREAPPLICATION PROCEDURE](https://www.frixlaw.com/law-library/statutes/STATE_MN_ADR_4900_0050.md)
- [Minn. R. 4900.0060 ELIGIBLE HOUSING SPONSORS](https://www.frixlaw.com/law-library/statutes/STATE_MN_ADR_4900_0060.md)
- [Minn. R. 4900.0070 FORMS AND PROCEDURES](https://www.frixlaw.com/law-library/statutes/STATE_MN_ADR_4900_0070.md)
- [Minn. R. 4900.0080 CREDIT REVIEW](https://www.frixlaw.com/law-library/statutes/STATE_MN_ADR_4900_0080.md)
- [Minn. R. 4900.0090 WAIVERS](https://www.frixlaw.com/law-library/statutes/STATE_MN_ADR_4900_0090.md)
- [Minn. R. 4900.0100 SEPARABILITY](https://www.frixlaw.com/law-library/statutes/STATE_MN_ADR_4900_0100.md)
- [Minn. R. 4900.0110 PROJECTS IN COMPLIANCE WITH CIVIL RIGHTS](https://www.frixlaw.com/law-library/statutes/STATE_MN_ADR_4900_0110.md)
- [Minn. R. 4900.0120 PREFERENCE IN OCCUPANCY](https://www.frixlaw.com/law-library/statutes/STATE_MN_ADR_4900_0120.md)
- [Minn. R. 4900.0210 APPLICATION FOR DEVELOPMENT COST LOAN](https://www.frixlaw.com/law-library/statutes/STATE_MN_ADR_4900_0210.md)
- [Minn. R. 4900.0220 AUTHORIZATION OF DEVELOPMENT LOANS](https://www.frixlaw.com/law-library/statutes/STATE_MN_ADR_4900_0220.md)
- [Minn. R. 4900.0230 DISBURSEMENT OF LOAN WITH EVIDENCE OF INDEBTEDNESS](https://www.frixlaw.com/law-library/statutes/STATE_MN_ADR_4900_0230.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_MN_ADR_4900_0080. Check the current official text before relying on it. Not legal advice.