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#2280842 - 02/09/23 03:12 PM Campground with Primary Residence
Luv2run Offline
Platinum Poster
Joined: Jan 2015
Posts: 538
I have a loan that is secured by a 220 site campground with improvements that include the owners primary residence. In the old days I would have considered this HMDA reportable simply because the primary dwelling is included. Looking at the current HMDA rules regarding Mixed Use Properties I am of the mind that this would not necessarily be HMDA reportable if in fact we were to determine that this property is primarily used for business purposes.

Does any one disagree with this thinking?
If at first you do succeed....try something harder
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#2280892 - 02/09/23 08:29 PM Re: Campground with Primary Residence Luv2run
raitchjay Offline
Power Poster
Joined: Oct 2009
Posts: 8,956
I agree with your thoughts.
I'm fixin' to fix that.

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