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COMMERCIAL LOAN APPLICATION

Home Forums Truth in Lending/ Regulation Z COMMERCIAL LOAN APPLICATION

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  • #2495
    crzyabtcmplnce
    Participant

    My lenders are asking about the new commercial lending application. A previous webinar said that it would go into effect this year. Does anyone have any insight on this?

    #2927
    JGo9
    Participant

    If you are referring to having to collect some additional information, I don’t believe that has been finalized at this point.

    #2929
    crzyabtcmplnce
    Participant

    Yes, I’m referring to the additional information for woman, minority, small businesses information. Until notified further, I guess we’ll just keep using our existing commercial loan app. Thanks for your input.

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