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#232408 - 08/16/04 08:28 PM ROR on Construction Loan
Tina A Sweet Offline
Diamond Poster
Tina A Sweet
Joined: Aug 2001
Posts: 1,033
Marysville, Ca.
I need to know if a borrowers are living on the construction property in a trailer would the ROR be required due to this?
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Tina A Sweet-Williams
AVP Special Assets
mailto:tsweet@goldcountrynb.com

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Lending Compliance
#232409 - 08/16/04 08:47 PM Re: ROR on Construction Loan
Deena Offline
Power Poster
Deena
Joined: Nov 2000
Posts: 2,701
PA
If the trailer is their primary residence and you are taking it as collateral for your loan, then ROR applies.
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