---
title: "HMDA: Multifamily Dwellings"
description: Understanding HMDA compliance for multifamily dwellings can be challenging. Learn about the intricacies and ensure your institution stays compliant with these essential insights.
---

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# [HMDA: Multifamily Dwellings](https://blog.bankerscompliance.com/en/hmda-multifamily-dwellings)

 Written by [David Dickinson](https://blog.bankerscompliance.com/en/author/david-dickinson) | Feb 28, 2025 3:13:07 PM

HMDA has a lot of intricacies, which make compliance a challenge. The first step is determining whether you have a HMDA-covered transaction, and this isn’t always as easy as it may seem. Both the collateral (a dwelling) and the loan purpose (purchase, refinance, home improvement and other consumer purpose), will determine HMDA coverage. Thus, knowing when something is a dwelling or not, is very important. [HMDA](https://ffiec.cfpb.gov/) has a very low threshold for errors. So, if you report applications that aren’t HMDA or you don’t report applications that are HMDA, your institution could be in hot water with examiners.

David discusses multifamily dwellings in the video.

 

[ HMDA Resources!  ](https://cta-service-cms2.hubspot.com/web-interactives/public/v1/track/click?encryptedPayload=AVxigLJNd0BupCtPVlAtzEmajgbL6CLEOq0AmcnrzmzF%2FCsAZqLA98x01Wan9PvAukkHdbyH5a%2FiqM%2FtTWReS9AdJaHwMXBmqmB92oGNP1hvbNHxyE7dCKPCIUe4%2B3Wh%2Bm1lWfVBF6Jp71kRKNX%2F%2BS%2Fj29Rgu90%2Fb2c8H%2Fmz51RkczdEsZBvCWc4vIqnLa8my60YLV6jfpIFgVDJit6JGvFgAWlMoqW%2BU6k%3D&portalId=21201105)

Published  
2025/02/28

[View full post](https://blog.bankerscompliance.com/en/hmda-multifamily-dwellings)

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