Answer:
There is no temporary financing exemption for the Notice to Home Loan Applicant found in the FCRA.
First published on BankersOnline.com 9/08/08
Notice to Home Loan Applicant Required?
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Question:
Do we need to produce the Notice to Home Loan Applicant if we are only doing an interim construction loan for a residential homestead? We are not doing the permanent financing, does that matter? We did pull a credit bureau on the borrowers.
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