First published on BankersOnline.com 4/1/13
Condo As Security w/Commercial Purpose-HMDA?
We are taking as security a condo unit in a residential structure. However, the unit is not used as a dwelling. It has a commercial purpose, such as, a doctor's office or a showroom or as a model. Would this loan be HMDA-reportable?
First published on 04/01/2013