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#2280876 - 02/09/23 07:13 PM Small Business Reportable
terpsfan Offline
Diamond Poster
Joined: Feb 2007
Posts: 2,059
If we have a loan that is real estate secured by both a residential property and commercial property but the commercial property secures the majority of the loan would this be small business reportable even though it is HMDA reportable as well?
Last edited by terpsfan; 02/09/23 10:23 PM.
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CRA
#2281486 - 02/23/23 07:55 PM Re: Small Business Reportable terpsfan
comply1 Offline
New Poster
Joined: May 2019
Posts: 5
If a loan is reported for HMDA then it can't also be reported on your CRA Small Bus/Small Farm LR because you aren't allowed to "double dip". You could look to see if you could qualify for CD though
Last edited by comply1; 02/23/23 07:56 PM.
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