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#282615 - 12/01/04 08:26 PM HMDA - Same property 2 loans
COMPLIcated Offline
Diamond Poster
Joined: Mar 2003
Posts: 1,035
OK
We have 2 loans by two different borrowers for the same property. One couple is refinancing half of the amount and the other couple is purchasing the other half. It is a second/vacation home. So I am thinking this is 2 LAR entries: 1 as a refinance and 1 as a purchase...correct?

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Lending Compliance
#282616 - 12/01/04 08:42 PM Re: HMDA - Same property 2 loans
Luper Offline
100 Club
Joined: Mar 2003
Posts: 105
Correct
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#282617 - 12/01/04 08:59 PM Re: HMDA - Same property 2 loans
COMPLIcated Offline
Diamond Poster
Joined: Mar 2003
Posts: 1,035
OK
Thank you - just good to double check yourself sometimes!

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