- This topic has 1 reply, 2 voices, and was last updated 12 years, 11 months ago by .
-
Topic
-
In our manuals it only states, ” A loan on property of 25 acres or more is exempt from the regulation”
Does this have to be one tract that is 25 acres or can it be made up of multiple parcels as long as the total collateral for the loan is 25 acres?
I am getting conflicting opinions from loan officers, other compliance officers, so I would appreciate some guidance.
Viewing 1 replies (of 1 total)
Viewing 1 replies (of 1 total)
- You must be logged in to reply to this topic.