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#2056733 - 01/05/16 04:00 PM 14 Month Construction Only Loan-ATR and Escrow?
Likes to Comply Offline
Diamond Poster
Joined: Nov 2008
Posts: 1,109
In the mountains
What do I need to be concerned with for construction only loans greater than 12 months?
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Lending Compliance
#2056854 - 01/05/16 09:08 PM Re: 14 Month Construction Only Loan-ATR and Escrow? Likes to Comply
Dan Persfull Offline
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Dan Persfull
Joined: Aug 2002
Posts: 47,532
Bloomington, IN
It would not be exempt from 1026.35 and .43 due to the 14 month terms therefore you have to make sure you comply with those sections.
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