Skip to content

HMDA reporting of business loans

I thought business purpose loans were exempt from HMDA reporting.

HMDA applies to open-end and closed-end credit secured by a dwelling. Business purpose loans are generally exempt; however if the loan is for home-improvement, home purchase or refinance the loan is reportable. For example, if a dwelling secured business purpose loan is refinanced, the refinance is HMDA reportable.


Learn more about Jack Holzknecht and Kimberly Boatwright's Compliance for Commercial Lenders webinar.

First published on 10/30/2022

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Topics