USDA SFH Guaranteed Loan Program Technical Handbook HB-1-3555 ¶13.7 — Loans On Hawaiian Home Lands
USDA SFH Guaranteed Loan Program Technical Handbook HB-1-3555 ¶13.7 — Loans On Hawaiian Home Lands.
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Verbatim provisions from USDA SFH Guaranteed Loan Program Technical Handbook HB-1-3555 ¶13.7 — Loans On Hawaiian Home Lands — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.
USDA HB-1-3555, Chapter 13, § 13.7 — Hawaiian Home Lands
A. Definition Hawaiian Home Lands consists of property owned by the State of Hawaii, Department of Hawaiian Home Lands (DHHL) and held in trust for Native Hawaiians. An applicant purchasing a home on Hawaiian Home lands must be a Native Hawaiian, as determined by DHHL. B. Requirements In order for a mortgage with a Hawaiian Home Lands lease to be eligible for guarantee, the property shall be located within an area designated as Hawaiian Home Lands, and DHHL shall have granted to the applicants a homestead lease covering the Guidance documents lack the force and effect of law, unless expressly authorized by statute or incorporated into a contract. USDA may not cite, use, or rely on any guidance that is not available through their guidance portal, except to establish historical facts. property. For loans to Native Hawaiians on Hawaiian Home Lands, the lender must obtain: x Certification that the lease provided by DHHL is not in default and has not been cancelled. x All other requirements set forth in 7 CFR Part 3555 and any successor regulation. x All other requirements set forth in an MOU between DHHL and USDA Rural Development which is available in the USDA LINC Training and Resource Library, located at www.rd.usda.gov/resources/usda-linc-training-resourcelibrary/loan-origination. C. Recording Mortgages on Hawaiian Home Lands leaseholds are recorded in the recording system established at DHHL.
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Source of record: https://claudeforcompliance.com/regs/usda-hb-3555-13-7/
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