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#1904510 - 03/12/14 03:38 PM Construction only loan
Ski Offline
Platinum Poster
Joined: May 2003
Posts: 639
South Louisiana
Does the Reg. B Appraisal Valuation Rule cover construction only loans?

I know that it covers applications for closed-end or open-end credit secured by a first lien on a dwelling.

I'm trying to see if there is an exception for construction only loans like the HPML Appraisal Rule.

Thanks.

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Interagency (Reg Z) and CFPB Reg B Appraisal Rules
#1904514 - 03/12/14 03:43 PM Re: Construction only loan Ski
John Burnett Offline
10K Club
John Burnett
Joined: Oct 2000
Posts: 40,086
Cape Cod
No exception.
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John S. Burnett
BankersOnline.com
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