This may be a stupid question, but I am going to ask it anyway.

A customer and his in-laws want to do a refinance of the in-laws' primary residence. The property is actually titled under an LLC, of which the customer and his in-laws have ownership. The in-laws do live in the home. Being that the property is not titled in their names personally, but an LLC, can it still be considered a primary residence refinance? Does how the property is titled make a difference?

You need to check state law but under Reg. Z the consumer must have an ownership interest in the property to be entitled to rescind.

Thank you!