Skip to content

HPML Secured by Mobile Home?

Answered by: 

Question: 
If a loan is secured by a mobile home that is the primary residence, but there is not a mortgage on the dirt, would this loan fall under the regulations for HPML?
Answer: 

Yes, you need to review in 226.2 the definition of a dwelling.

First published on BankersOnline.com 11/01/10

First published on 11/01/2010

Filed under: 
Filed under lending as: 

Search Topics