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HMDA Purpose for Solar Panels

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  • October 28, 2019 at 10:52 am EDT #16297
    kall14
    Participant

    If the loan purpose on a home equity loan application is checked as other for “ solar panels “, what is the HMDA loan purpose?

    This is a second lien loan request.

    October 30, 2019 at 12:51 pm EDT #16307
    rcooper
    Member

    If this was the only purpose of the loan it sounds like a home improvement loan.

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