Posted By: Bama Blondie
Does Reg. Z and RESPA apply? - 01/17/12 02:38 PM
Loan to purchase a Bed and Breakfast that will be borrower's primary residence. Majority of house will be uded for B&B. My thought is as house is currently operated as a B&B and majority of property is B&B, it would be a business loan and Reg. Z and RESPA would not apply. Thoughts? Thanks!