USDA SFH Guaranteed Loan Program Technical Handbook HB-1-3555 ¶4.1 — Introduction
USDA SFH Guaranteed Loan Program Technical Handbook HB-1-3555 ¶4.1 — Introduction.
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Verbatim provisions from USDA SFH Guaranteed Loan Program Technical Handbook HB-1-3555 ¶4.1 — Introduction — 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 4, § 4.1 — Introduction
Lenders must operate responsibly and comply with all Single Family Housing Guaranteed Loan Program (SFHGLP) requirements. The Agency will provide notice of all program changes; however, lenders are responsible for remaining informed of all program policies and procedures and ensuring that lender staff is adequately trained. The Agency encourages lenders to attend or participate in training provided by the Agency or other approved methods, as outlined in Chapter 3 of this Handbook. For Agency provided training, the Lender and Partner Activities Branch can arrange training for lenders and their staff members. New lenders who request participation in the SFHGLP by submitting Form RD 3555-16, Agreement for Participation in Single Family Housing Guaranteed/Insured Loan Programs of the United States Government, are required to take training prior to approval by the Agency. Lenders are encouraged to register for automatic email notification regarding loan origination and servicing updates. Lenders may register at: https://public.govdelivery.com/accounts/USDARD/subscriber/new.
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