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#1891553 - 01/29/14 02:57 PM Farm Loan
Banker57 Offline
Gold Star
Joined: Jul 2010
Posts: 439
Minnesota
Question on how farm loans fall into these new "buckets". Are they considered a commercial loan? How is a Hobby Farm classified?

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Ability to Repay/Qualified Mortgage Rule
#1891718 - 01/29/14 05:59 PM Re: Farm Loan Banker57
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 85,194
Galveston, TX
What "buckets"?
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#1892558 - 01/31/14 04:29 PM Re: Farm Loan Banker57
Banker57 Offline
Gold Star
Joined: Jul 2010
Posts: 439
Minnesota
Sorry, The new ATR/QM requirements

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#1892596 - 01/31/14 05:10 PM Re: Farm Loan Banker57
brownbeard Offline
Member
Joined: Nov 2013
Posts: 56
Are you asking whether farm loans are exempt from the ATR rules?

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