by Dan Persfull:
Review 1026.3(a)(2) and its Commentary. A loan to a non-natural person is exempt from Reg. Z
by Randy Carey:
Dan is correct. The real question is whether the loan to the LLC for consumer purposes as there is no similar exemption in RESPA. If you determine that it is, then a GFE and HUD-1 would be required. It is a business decision as to how to treat these sorts of transactions.