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#1877052 - 12/09/13 04:15 PM Commercial Loan HMDA?
Heather301, CRCM Offline
100 Club
Joined: Nov 2006
Posts: 105
We have a commercial loan on 1-4 family residence that’s used as a learning center it’s not zoned commercial but it is used for commercial use- is it HMDA reportable or not?
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#1877127 - 12/09/13 06:09 PM Re: Commercial Loan HMDA? Heather301, CRCM
Dan Persfull Offline
10K Club
Dan Persfull
Joined: Aug 2002
Posts: 47,517
Bloomington, IN
If the structure has been converted to a business use it would no longer be a dwelling.
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The opinions expressed are mine and they are not to be taken as legal advice.

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