For example we are refinancing a loan where a manufactured house is on a property of which is a log home business. There are about 4 or 5 building that are used for making of log homes but there is also a manufactured home that the owner lives in. This would be reportable? The lender is saying that since more than 50% of the worth of the land is for commercial use it is exempt. I was almost positive that was the old definition but wanted to be sure. Thanks
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