We have a 30 day single pay unsecured loan. I am questioning because the proceeds are being used as a down payment on real estate that was purchased at an auction. The proceeds were distributed in a cashier check made out to the Auction and R/E Sales. What do you think? Any help is appreciated!

Loans to purchase a dwelling must also be secured by a dwelling to be reportable.

Thanks hmdagal! I appreciate your quick response. I thought that was the case but for some reason was second guessing myself.