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#2152350 - 11/05/17 07:33 PM Loan secured by dwelling CRA
Bec Offline
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Bec
Joined: Jul 2010
Posts: 1,115
The Great White North
Loan is secured by a dwelling, its business purpose. The dwelling is not an abundance of caution. This particular loan is a line of credit so we would not report it for HMDA as we do report lines of credit. Would we be allowed to report it for CRA?
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CRA
#2152432 - 11/06/17 09:31 PM Re: Loan secured by dwelling CRA Bec
bOaty Offline
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bOaty
Joined: Aug 2006
Posts: 4,266
Chillin an grillin
No, loans secured by residential real estate are not CRA reportable.
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