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#1281932 - 11/05/09 08:03 PM Church loan - owner occupied?
HR Banker Offline
Diamond Poster
Joined: Oct 2002
Posts: 1,027
We have a loan on a church that also includes the parsonage and therefore HMDA applies. The question is what code is used for occupancy?

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#1281937 - 11/05/09 08:08 PM Re: Church loan - owner occupied? HR Banker
David Dickinson Offline
10K Club
David Dickinson
Joined: Nov 2000
Posts: 18,763
Central City, NE
#2. The church owns the parsonage. The Pastor occupying does not.
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David Dickinson
http://www.bankerscompliance.com

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