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SFH Guaranteed Origination

April 13, 2022

ADVANCED COPY NOTICE: HB-1-3555

The Mandatory use of the Agency’s automated Guaranteed Underwriting System (GUS) and the Lender Loan Closing (LLC) final rule will be effective on May 9^th, 2022. In preparation, the Agency has updated several chapters in Handbook 1-3555 as well as Appendix 2.

The proposed changes to HB-1-3555, Chapters 2,15,16 and Appendix 2 include guidance eliminating manual submissions of some origination and closing packages and other references to the Mandatory GUS and LLC final rule.

Advance copies of the revised chapters are available for review for 30 days on the USDA LINC Training and Resource Library, in the Loan Origination tab, under the sub-heading “New”. 

Questions regarding program policy and this announcement may be directed to the National Office Division at sfhgld.program@usda.gov or (202) 720-1452. 

Thank you for supporting the Single-Family Housing Guaranteed Loan Program! 

Links to websites:

• SFHGLP Lending Partner Webpage: https://www.rd.usda.gov/page/sfh-guaranteed-lender
• SFHGLP webpage: https://www.rd.usda.gov/programs-services/single-family-housing-guaranteed-loan-program
• USDA LINC Training and Resource Library:  https://www.rd.usda.gov/programs-services/lenders/usda-linc-training-resource-library
• Procedure Notices: https://www.rd.usda.gov/resources/directives/procedures-notices

Help Resources

Rural Development Help Desk:

For GUS system, outage or functionality assistance

Email: RD.HD@USDA.GOV

Important Links:

SFHGLP Lending Partner Webpage: https://www.rd.usda.gov/page/sfh-guaranteed-lender

SFHGLP Webpage: https://www.rd.usda.gov/programs-services/single-family-housing-guaranteed-loan-program

USDA LINC Training and Resource Library:  

https://www.rd.usda.gov/programs-services/lenders/usda-linc-training-resource-library

Procedure Notices: https://www.rd.usda.gov/resources/directives/procedures-notices