USDA Technical Handbook HB-1-3555 §12.26 — Mortgage File Documentation
USDA HB-1-3555 §12.26 (Mortgage File Documentation). Gap-fill (verbatim).
Verbatim regulatory text
Verbatim provisions from USDA Technical Handbook HB-1-3555 §12.26 — Mortgage File Documentation — 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 12, § 12.26 — Mortgage File Documentation
The lender’s permanent loan file must contain the following information to support the single close transaction, in addition to documentation outlined in this Handbook: x Sufficient documentation to validate the actual cost to construct the subject home 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. (for example, purchase contracts with the builder, Construction Loan Agreement, plans and specifications, receipts, invoices, lien waivers, etc.); x All closing disclosures and closing documents executed by all parties to the transaction and evidencing all costs to the homebuyer and property seller at the time of loan closing; x A final title insurance policy endorsement ensuring the lender remains in a first lien position and that no junior liens exist against the property; x All canceled checks, paid receipts, draw requests, lien waivers, change orders, title endorsements, etc. for all property-related requirements for new construction; x The appraiser’s certificate of completion and a photograph of the completed property; and x All third-party inspections and warranties as defined in this Chapter.
Operationalizing USDA Technical Handbook HB-1-3555 §12.26 — Mortgage File Documentation
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-3555-12-26/
· register usda-hb-3555-12-26 · Claude for Compliance. Free to read and download;
see regulatory updates and methodology.