PDF CreditAnalysis, Single Family Housing Guaranteed Loan
Welcome to Credit Analysis, presented by USDA's Single Family Housing Guaranteed Loan Program!
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The objectives of the training include: 1. Demonstrating where the training topic is located in the program regulation, 7 CFR Part
3555 and the technical handbook, HB-1-3555. 2. Providing learning checks to help you gain a working knowledge of the topic, and 3. Links to online resources to assist in locating program information.
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Every effort has been made to ensure this training and all references are accurate, however, new program revisions and clarifications may occur. Therefore, please ensure you always reference the most recent USDA publications available online. This training module is not intended to replace the need to reference the regulation, technical handbook, and additional USDA published documents regarding the Guaranteed Loan Program.
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7 CFR Part 3555 is the program regulation. It is the first place users should look for the answers to their questions. The regulation is the rule and it cannot be overridden by the technical handbook. The 7 CFR Part 3555 is comprised of 8 subparts, A through H. You can access the full regulation online as Appendix 1 from the Regulations and Guidelines website.
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The Regulations and Guidelines website is located from the link shown on the slide. Under "Rural Development" there are many items available from this home page. To access the regulation, select "Handbooks."
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