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USDA 7 CFR 3555 Regulation Underwriting GuideCONFIDENTIAL 2014 Sun West Mortgage Company, Inc. All Rights Reserved. Company NLS ID 3277. Introduction This presentation will provide a brief overview
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The USDA 7 CFR 3555 is the regulation that governs the guaranteed rural housing loan program.
Lenders and borrowers participating in the guaranteed rural housing loan program are required to file USDA 7 CFR 3555.
To fill out USDA 7 CFR 3555, lenders and borrowers must provide detailed information about the loan application, income verification, and property eligibility.
The purpose of USDA 7 CFR 3555 is to ensure that rural housing loans are made to qualified applicants who meet the program requirements.
Information such as applicant's income, credit history, employment status, property eligibility, and loan terms must be reported on USDA 7 CFR 3555.
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