Can we conclude that all properties that are greater than 1-4 (also called multi-dwelling) are not "for personal, household, or family purposes" and therefore do not require the risk-based pricing notice?

That is my understanding, anyone else?

No. The purpose, not the collateral, dictates if it's a consumer or business purpose loan. If it's a consumer purpose loan then the appropriate RBPN or Exception Notice would be required regardless of collateral.

Thank you both.