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Attachment 1 Guaranty Agency LRD Record File Layout LRD Header Record Length 335 Position from Position to Field Length Field Format Name 1 20 20 Character Filler 21 21 1 Numeric Record Type Indicator
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How to fill out guaranty agency lrdr record

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How to Fill Out Guaranty Agency LRDR Record:

01
Start by gathering all the necessary information and documents required to complete the Guaranty Agency LRDR (Loan Record Detail Report). This may include borrower information, loan details, and any relevant supporting documentation.
02
Access the online platform or portal provided by the guaranty agency. This is typically where you will find the LRDR form and be able to enter the required information.
03
Begin by entering the borrower's personal information accurately. This may include their name, social security number, contact details, and any other identification information required by the agency.
04
Provide the loan details accurately, including the loan amount, loan type, and any applicable loan identification numbers. This helps ensure that the correct loan is being reported and recorded in the LRDR.
05
Include any relevant dates, such as the loan disbursement date, last payment date, and any significant events related to the loan. Accuracy and attention to detail are crucial when filling out these dates.
06
Report any changes or updates to the loan. If there have been any modifications, deferments, forbearances, or changes in repayment plans, make sure to accurately record these details in the LRDR.
07
Attach any supporting documentation as required by the guaranty agency. This may include deferment or forbearance forms, income verification documents, or any other paperwork that supports the loan's current status.
08
Check for accuracy and completeness before submitting the filled-out form. Review all entered data and cross-check it with the borrower's records to ensure there are no errors or missing information that could affect the loan's reporting.
09
Submit the Guaranty Agency LRDR record through the designated online platform or portal. Follow any instructions provided by the agency regarding the submission process.

Who needs Guaranty Agency LRDR Record:

01
Borrowers who have obtained loans from guaranty agencies and wish to ensure accurate reporting of their loan details.
02
Loan servicers or agencies responsible for managing and maintaining borrower loan records on behalf of guaranty agencies.
03
Guaranty agencies themselves, as they require the Guaranty Agency LRDR record to track, document, and report on the status and history of loans they guarantee.

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