Titled, manufactured home on leased land: does Reg Z and RESPA disclosures apply the same as it would on a 1-4 family home? Loan department is closing loan as an auto because it's titled rather than mortgaged - which I'm concerned the higher rate would trigger predatory lending (is this a legitimate concern?). We've never done one of these before - any guidance would be helpful.
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My opinion is free: sometimes you get what you pay for; sometimes you get lucky.
Reg Z Section 32 is a legitimate concern. I believe the triggers are $583 in fees or 8% of the loan amount for 2009 and APR of 8% over comparable treasury rate.
Last edited by Oursisnottoreasonwhy; 08/20/0802:56 PM.