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Property Type for HMDA

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  • #2551
    dcsluder1
    Participant

    We have financed the purchase of a mobile home park, where there are approximatley 15 mobile homes that are permately attached, for the “property type” for listing hmda should I use #2 – manufactured/mobile home housing or #3 multi family (5). We have a deed of trust and 6 of the mobile homes for collateral.

    #3012
    dmurray
    Participant

    When determining the property type and you have multiple pieces of property, you just look at the 1st one. I’d report this as a manufactured/mobile home.

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