Because there are no explicit requirements as to which notice to use for issuing HUD’s required SCRA notice, we do not see any problems in sending the notice to a business address when the business is making the loan. The Housing and Urban Development Act requires creditors to “provide notice” to eligible homeowners, but it does not specify where the notice should be provided. The HUD SCRA notice itself also does not specify where it should be provided.

In general, the HUD SCRA notice requirements apply to “any applicant for a mortgage” and to any “eligible homeowner,” if the eligible homeowner is in default. 12 USC 1701x(c)(5)(A)(i). In both cases, the loan must be secured by residential property in order for the notice requirement to apply. Therefore, we believe that if a loan is not secured by residential property, then the SCRA notice is not required.