HMDA Flip Loan

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#1667783 - 02/21/12 05:58 PM HMDA Flip Loan
runner Member Joined: Nov 2004 Posts: 75 pennsylvania	Do we need to report on the HMDA report a loan for 12 months interest only for to purchase and rehab a home, to be sale after remodeling is completed.
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#1667796 - 02/21/12 06:09 PM Re: HMDA Flip Loan runner
Kathleen O. Blanchard 10K Club Joined: Dec 2000 Posts: 21,293	Yes. This is covered in the HMDA faqs. _________________________ Kathleen O. Blanchard, CRCM "Kaybee" HMDA/CRA Training/Consulting/Mapping The HMDA Academy www.kaybeescomplianceinsights.com
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