2 outstanding loans for primary residence

By Guest Runner
December 28, 2001 in Distributions and Loans, Other than QDROs

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Guest Runner

Posted December 28, 2001

Participant aquired primary residence loan. Four years later purchased another home and took out another primary residence loan. The first loan is still outstanding and is now a rental property.

Is this compliant? If not, what are the ramifications?

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