I am reviewing the requirements for HUD Delinquent Homeownshership Counseling Notice and it states, "whether the loan was for a commercial or consumer purpose does not matter." Is this stating that the Notice applies to consumer and commercial loans, e.g. loans made to a corp, LLC etc.? If I am reading correctly, any loan secured by a primary residence, no matter the position of lien would require this Notice?

Where are you reading this:

Look at the definitions.

Homeowner—A person who is obligated under a home loan

I am in the "Big Orange Book". It has that statement in the Loan Purpose section. It was really throwing me off?