USDA SFH Guaranteed Loan Program Technical Handbook HB-1-3555 ¶11.7 — Obligations Not Included In Debt-To-Income Ratios
USDA SFH Guaranteed Loan Program Technical Handbook HB-1-3555 ¶11.7 — Obligations Not Included In Debt-To-Income Ratios.
Verbatim regulatory text
Verbatim provisions from USDA SFH Guaranteed Loan Program Technical Handbook HB-1-3555 ¶11.7 — Obligations Not Included In Debt-To-Income Ratios — 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 11, § 11.7 — Obligations Not Included In Debt-To-Income Ratios
Obligations not considered or included in total debt-to-income ratio calculations include: x Medical collections; x Medical payments; x Federal, state, and local taxes, unless a payment plan is in place; x Federal Insurance Contribution Act (FICA) contributions; x Other retirement contributions such as 401(k) accounts, including the repayment of loans secured by 401(k) funds; x Automatic deductions to savings accounts, mutual funds, stocks, bonds, certificates of deposit, including the repayment of loans secured by such funds; x Collateralized loans secured by depository accounts; x Utilities; 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. x Insurance, other than property insurance; x Commuting costs; x Union dues; x Open accounts with zero balances; x Child care; and x Voluntary deductions. All liabilities disclosed by the applicant should be listed in GUS. The lender may “omit” liabilities as permitted. 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.
Operationalizing USDA SFH Guaranteed Loan Program Technical Handbook HB-1-3555 ¶11.7 — Obligations Not Included In Debt-To-Income Ratios
This is verbatim, source-snapshotted regulator text from the Claude for Compliance open corpus. To turn a rule like this into compliance work product: gap-analyze your policies and procedures (P&Ps) against these requirements to surface stale, conflicting, or missing provisions; operationalize any change with a ready-to-run update kit; and produce audit-ready evidence — every step grounded only in the regulator’s own words, never invented.
To work from the whole rulebook rather than this one page: download the corpus — every register on this site, verbatim, each with its source snapshot and effective date — then follow the methodology. It asks your assistant to answer only from the downloaded text, cite the register id and effective date it used, and tell you when the corpus does not cover something instead of filling the gap from memory. Running it locally also means no one sees which regulations you are looking at.
Source of record: https://claudeforcompliance.com/regs/usda-hb-3555-11-7/
· register usda-hb-3555-11-7 · Claude for Compliance. Free to read and download;
see regulatory updates and methodology.