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#1875323 - 12/02/13 08:39 PM Appraisal Requirements on Builder Loans
MMontjoy01 Offline
Junior Member
MMontjoy01
Joined: Apr 2008
Posts: 47
NC, USA
I know this has been discussed in previous post but I am needing some help. My CCO feels that the regulation does not apply to commercial construction loans to builders to construct 1-4 dwellings. I say that the new regulation does apply. What can I use as my support to this. I am going to have to present this to upper management and need to get all my ducks in a row. Thank you!

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Interagency (Reg Z) and CFPB Reg B Appraisal Rules
#1875434 - 12/03/13 02:20 PM Re: Appraisal Requirements on Builder Loans MMontjoy01
RR Joker Offline
10K Club
RR Joker
Joined: Nov 2002
Posts: 20,654
The Swamp
There is no exclusion for that purpose. If it's a 1-4 dwelling, it's covered by this rule.
_________________________
My opinion only. Not legal advice.

Say you'll haunt me - Stone Sour

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#1875483 - 12/03/13 03:39 PM Re: Appraisal Requirements on Builder Loans MMontjoy01
MMontjoy01 Offline
Junior Member
MMontjoy01
Joined: Apr 2008
Posts: 47
NC, USA
Thanks RR Joker!

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