Answer:
Yes, if you refinance the loan or renew the loan you can get credit each time, subject to a once-per-year limit.
Annual CRA credit for one loan
Question:
Can my bank get CRA credit multiple times for the same loan?
Vendor:
GeoDataVision combines the power of the nation’s top CRA and Fair Lending experts with the power of the most sophisticated mapping and data technologies available to provide financial institutions with a leg up when it comes to regulatory compliance. Being wrong is simply not an option, work with the best, work with GeoDataVision. Request a demo, check out our FREE resources, or talk to one of our experts at (203) 907-7497
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