We have a loan that is going to be refinancing another loan, both with residential properties as collateral. The loan is only for 12 months which could make it not HMDA reportable. However, the repayment of the loan is not from another loan it will be from an inheritance. Does this make the loan HMDA reportable?

The loan is a short term loan, not a temporary loan. It's a reportable refinancing.

This below is what a loan assistant sent me in an email asking if we report this for HMDA. I thought I would post it on BOL to see what you think. I have been scatter brained lately and do not trust my own judgement these days. What do you think?

I am doing a loan (6 month term) to payoff an unsecured loan and payoff a loan that we originally made to purchase a investment residential property (we did HMDA at this time).
He is now combining the two together for six months with hopes that it sells.
Do I do HMDA again? It is secured with the investment property.
I think so unless the term trumps it.

This would also be a short term loan and reportable.

Okay, thanks Dan!

I have a question similar to this one. A loan to renovate a home, closed end, draw down LOC. What if our repayment is either to be paid in cash OR convert to a HELOC? My thinking is to report, since there is uncertainty if this loan is to be replaced by a financing of a longer term. Thoughts?

If the primary repayment source is the cash and the refinancing is a secondary source I too would report it.