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#2239012 - 07/02/20 08:56 PM Purchase purpose?
Nicole Offline
100 Club
Joined: Nov 2018
Posts: 130
I have an LE for a purchase of vacant land, however we are not using the land that the borrower is purchasing we are using their primary residence. For the product type on LE would it be "purchase" or home equity?

thank you!

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TRID - TILA/RESPA Integrated Disclosures Rule
#2239013 - 07/02/20 08:59 PM Re: Purchase purpose? Nicole
Dan Persfull Offline
10K Club
Dan Persfull
Joined: Aug 2002
Posts: 46,710
Bloomington, IN
Home equity assuming you're not refinancing the primary residence.
_________________________
The opinions expressed are mine and they are not to be taken as legal advice.

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#2239016 - 07/02/20 09:07 PM Re: Purchase purpose? Nicole
Nicole Offline
100 Club
Joined: Nov 2018
Posts: 130
yes, thank you!

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