Business Form Principal Owners
Last updated 2026-08-02
HUD 4000.1 Glossary
Updated 2026-08-02
Business Form Principal Owners
Publicly Traded Corporation 10% or more ownership Private or Close Corporation 25% or more ownership Limited Liability Company All Members Partnerships All Partners Principal Residence permanent place of abode, and which the Borrower typically occupies or will occupy for the Principal Residence (applicable to HECMs only)
HUD 4000.1 Glossary
p. 44
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