Thread Starter: Anonymous
Title: Re: Adverse Action - Decision based on other reason
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Application received for home purchase. Credit pulled and after further investigation, it was discovered that property was a manufactured mobile home. Bank does not offer a mortgage product for this type of financing. On adverse action notice, we checked "Other" reason to explain this. But should we also check the box for "Our credit decision was based in whole or part on information obtained from an affiliate or from an outside source other than a consumer reporting agency"?
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