note- purpose unsecured, secured
Posted By: Anonymous
note- purpose unsecured, secured -
10/27/11
06:46 PM
Is there a Reg that has to do with the note purpose- that you should not have on the note "unsecured" as the purpose of the loan? Thanks
Posted By:
Island Dreaming
Re: note- purpose unsecured, secured -
10/28/11
12:35 PM
For BSA purposes - all loans over $10,000 need a detailed purpose shown. Is this what you were thinking of?