HMDA question

Posted By: J2C

HMDA question - 11/14/06 04:44 PM

On our web site, we have the commercial loan application, but the addendum for GMI is not out there as well. I believe that last year, management said that if they got an application from the web site, they would have them fill in the GMI at a later date. This shouldn't be a problem, should it?
Posted By: hmdagal

Re: HMDA question - 11/14/06 06:44 PM

You are required to ask for the information (if applicable) at the time of application. See Appendix B in GIR.