Skip to content
BOL Conferences
Thread Options
#1736969 - 08/30/12 08:59 PM Camp/Secondary Residence HMDA
MSMITH10 Offline
100 Club
Joined: Sep 2010
Posts: 160
For HMDA reporting would we list a camp/secondary residence of our customer as owner occupied or non-owner occupied? The customer spends some weekends at this camp.

Return to Top
HMDA

   
HMDA Academy
#1736971 - 08/30/12 09:01 PM Re: Camp/Secondary Residence HMDA MSMITH10
TMatt87 Offline
Diamond Poster
TMatt87
Joined: May 2011
Posts: 1,987
Idaho
If it's not used as the borrower's principal dwelling, it will be coded as a 2.
_________________________
All opinions are my own, not my employer's

Return to Top
#1736981 - 08/30/12 09:23 PM Re: Camp/Secondary Residence HMDA MSMITH10
MSMITH10 Offline
100 Club
Joined: Sep 2010
Posts: 160
Just wanted to double check. Thanks so much.

Return to Top

Moderator:  SMQ, CRCM