USDA SFH Guaranteed Loan Program Technical Handbook HB-1-3555 ¶15.2 — Lender Responsibility

usda-hb-3555-15-2

USDA SFH Guaranteed Loan Program Technical Handbook HB-1-3555 ¶15.2 — Lender Responsibility.

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Verbatim provisions from USDA SFH Guaranteed Loan Program Technical Handbook HB-1-3555 ¶15.2 — Lender Responsibility — 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 15, § 15.2 — Lender Responsibility

Effective 2025-05-05 · USDA chapter revision · Procedure Notice 640

The originating lender is responsible for the accuracy of all information used to obtain a Rural Development guarantee in accordance with 7 CFR 3555 and this Handbook. The permanent loan file must contain verified documentation that supports household eligibility for the Single Family Housing Guaranteed Loan Program (SFHGLP) and the lender’s approval of the loan request. Lenders are not authorized to close loans prior to the issuance of the Conditional Commitment. Closing a loan prior to obtaining a Conditional Commitment from the Agency will render that loan submission ineligible for a Loan Note Guarantee and may affect the lender’s approval status to participate in the program.

Source: USDA HB-1-3555, Chapter 15, § 15.2 — Lender Responsibility · source URL · snapshot 0466acd1ea2d17a4

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Source of record: https://claudeforcompliance.com/regs/usda-hb-3555-15-2/ · register usda-hb-3555-15-2 · verbatim, source-snapshotted regulator text from the Claude for Compliance corpus. To work from every register at once, download the corpus and follow the methodology.