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#2260319 - 09/28/21 11:02 AM Small Business
Love Cruising Offline
100 Club
Joined: Dec 2019
Posts: 216
I have an officer presenting a C&I loan secured by a principal dwelling. is that a CRA small business reportable loan.

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CRA
#2260450 - 09/29/21 06:50 PM Re: Small Business Love Cruising
Len S Offline
Diamond Poster
Joined: Oct 2004
Posts: 2,084
Connecticut
If the loan is secured by a dwelling property it would not be reportable under CRA unless it is a multifamily property and qualifies for CD recognition or if the property were taken only as an abundance of caution.
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