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#2178847 - 05/18/18 09:21 PM Beneficial Owners - Multiple Entity Question
Susan Offline
Member
Joined: Jun 2003
Posts: 73
South Dakota
We have a loan structured as :
Borrower #1 = ABC Inc
Borrower #2 = XYZ LLC

We must complete CBO form for both borrowers, correct?

I think this question has come up because our core system allows us to collect and document BO information, but only allows us to tie the info to the primary borrower.

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#2178849 - 05/18/18 09:29 PM Re: Beneficial Owners - Multiple Entity Question Susan
TryingtoComply Offline
Diamond Poster
Joined: Apr 2013
Posts: 2,211
The West
Yep. Had this situation already.
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TryingToComply
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