I have a loan that is currently coded as 2 for home improvement. However, I am not sure this would apply. Currently, the subject property is vacant ground. The loan is to move an existing dwelling to this site. I am not sure this is HMDA reportable since the dwelling is not currently on the collateral ground.

Thoughts?

If the existing dwelling is permanently affixed to the property once the move is completed, you will have a security interest in the dwelling once that happens. It does not neatly fit in any box, but I would think it is reportable.

Thanks for the quick reply!

Yes, as I read more into it, the move is happening immediately after closing and funds are being disbursed as progress is made on a new foundation and improvements.....I think home improvement would probably be the best fit after all.