Skip to content
BOL Conferences
Forums · Active Threads · Forum Rules · Mark All Read · Log In
BankersOnline.com Forums Banker Forums HMDA USDA
Thread Options
#1681806 - 03/23/12 08:08 PM USDA
dac Offline
100 Club
Joined: Sep 2009
Posts: 234
What loan type a USDA loan? Is it a Code 4 FSA/RHS?

Return to Top
HMDA

   
HMDA Academy
#1681836 - 03/23/12 08:22 PM Re: USDA dac
TMatt87 Offline
Diamond Poster
TMatt87
Joined: May 2011
Posts: 1,987
Idaho
Yes. At least that's what we code them as.
_________________________
All opinions are my own, not my employer's

Return to Top
#1681851 - 03/23/12 08:30 PM Re: USDA dac
RR Becca Offline
Power Poster
RR Becca
Joined: Sep 2004
Posts: 5,249
out of the frying pan...
That's what my old bank coded them as, too. Never had a problem with data integrity.
_________________________
You call it ADD. I call it multi-tasking.

Return to Top
#1682130 - 03/26/12 04:15 PM Re: USDA dac
Truffle Royale Offline

10K Club
Joined: Jul 2003
Posts: 17,398
Just FYI: I got a boatload of Q edits because we use 4 for loan type and then 1 for purchaser. But FNMA is the purchaser so I just marked them ok.

Return to Top

Moderator:  SMQ, CRCM