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WELCOME This training is an overview of the Single Family Housing Guaranteed Loan Program. If you are taking the training as a mandatory requirement, you are responsible for reporting your completion
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USDALINC stands for United States Department of Agriculture Loan Inventory and Collateral System. It is a reporting system used by lenders to submit loan information to the USDA.
Lenders who have loans guaranteed or serviced by the USDA are required to file usdalinc.
To fill out usdalinc, lenders need to input specific loan information such as borrower details, loan amount, interest rate, and collateral data into the online system provided by the USDA.
The purpose of usdalinc is to collect data on loans guaranteed or serviced by the USDA, which helps the USDA monitor and manage its loan portfolio.
On usdalinc, lenders must report loan details such as borrower information, loan amount, loan type, interest rate, collateral information, and repayment terms.
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