I have a customer that lives in an apartment, and he wants to buy a house for his homestead. The new home will be collateral, as well as a piece of property that he owns free and clear that has a mobile home on it. The new home is in one town, and is in a lot and block neighborhood. The additional collateral is outside another town about an hour away, and is on 80 acres. Since the additional collateral is the only property he owns, do I need to treat this loan like a Home Equity?