USDA SFH Guaranteed Loan Program Technical Handbook HB-1-3555 ¶4.8 — Adhere To Sfhglp Guidelines

USDA SFH Guaranteed Loan Program Technical Handbook HB-1-3555 ¶4.8 — Adhere To Sfhglp Guidelines

4.8 ADHERE TO SFHGLP GUIDELINES The lender must follow all SFHGLP guidelines. Failure to comply could result in reduction or denial of a loss claim or revocation of approval to participate in the program. These program guidelines include: x Approved Forms. The lender must use forms approved by the FHA, Fannie HB-1-3555 (03-09-16) SPECIAL PN 4-5 Revised (08-05-25) PN 649 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 Mae, Freddie Mac, or Farm Credit System (FCS) lenders when forms are not provided by the Agency. x Eligibility Requirements. The lender is responsible for ensuring that the loan applicant and property meet all SFHGLP eligibility requirements. x Underwriting Requirements. The Agency approved lender is responsible for underwriting the loan even if an agent originates the loan. x Servicing Requirements. The lender must comply with the loan servicing requirements in this Handbook. The approved lender is responsible for proper servicing even if it has sub-contracted the servicing. x Counterparty Management and Third-party Providers. Lenders are responsible for managing all counterparty and third-party providers that may assist to the processing, underwriting, and servicing of SFHGLP loans. x Monitoring Requirements. The lender must submit all required reports and cooperate with all Agency monitoring efforts and information requests.

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