62 mo balloon???

We have a customer who wants to use a rent house (investment property) for a consumer purpose of consolidating some credit card debt.

So this is a consumer purpose using investment RE. We know it is TRID and ATR but does it need be the 62 mo balloon?

Thanks

If it's going to be a balloon, then in a nutshell, yes.

Thx! That is my understanding also - consumer purpose secured by dwelling.