[amarie1126]

Well it is attached to our property (legal description). But I do not think our docs will specifically state we are taking a residence. Our docs only reference the land legal description.

[amarie1126]

Well really, whether the mobile home is included in an appraisal or not, if the lender is taking the mobile home as part of the collateral & the loan is going to be secured by the mobile home, it is HMDA reportable. If the mobile home is not being taken as collateral, it is not a HMDA loan. I hope this helps.

[amarie1126]

If I am understanding correctly and the loan is going to be secured by the mobile home, and be part of the loans collateral, then it is HMDA reportable (That is, if the mobile home was made after June 15, 1976; Loans secured by mobile homes built prior to June 15, 1976, are not dwelling-secured for HMDA purposes)

[amarie1126]

I would leave it as is since they were consistently using the date of the promissory note. That is what we have been told in past audits regarding action taken date, what date we use is up to us as long as we are consistent with it.

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