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#2286509 - 07/12/23 07:20 PM Approved not accepted or denial
JoAnne S Offline
New Poster
Joined: Aug 2020
Posts: 16
How would this request be coded for HMDA:
- Customer requested $9,000 for Bathroom remodel.
- File notes indicate "loan would have been approved for $3,000 but customer decided not to proceed".

Should this be 1) approved not accepted 2) denied 3) withdrawn?

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#2286512 - 07/12/23 08:14 PM Re: Approved not accepted or denial JoAnne S
InFairness, CRCM Offline
Platinum Poster
InFairness, CRCM
Joined: Nov 2010
Posts: 885
This is a denial if a counteroffer of $3000 was made and rejected.
Opinions are strictly my own, and have nothing to do with my employer.

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