Skip to content

HMDA Rule: Increase w/ New Loan Estimate Issued

Answered by: 

Question: 
Under current HMDA rules, if a borrower submits an application for one amount and then requests an increase and a new loan estimate is issued, do we report the original amount requested or the increased amount?
Answer: 

I assume you are asking concerning a non originated loan. You would report the amount the borrower amended their request for.

First published on 03/24/2019

Filed under: 
Filed under lending as: 

Search Topics