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#2012004 - 05/05/15 12:43 PM Mobile home
Banker57 Offline
Gold Star
Joined: Jul 2010
Posts: 439
Minnesota
Loan secured by a mobile home, funds used to consolidate debt; We are trying to determine we are following the correct procedure. Using a standard credit application (chattel), RESPA does not apply, Final TIL, flood, and right of rescission do apply. Any guidance would be appreciated!

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Lending Compliance
#2012006 - 05/05/15 12:58 PM Re: Mobile home Banker57
Dan Persfull Offline
10K Club
Dan Persfull
Joined: Aug 2002
Posts: 47,517
Bloomington, IN
Your analysis is correct.
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The opinions expressed are mine and they are not to be taken as legal advice.

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