source:
  type: guide
  id: usda-hb-3555-3.9
  authority: USDA SFH Guaranteed Loan Program Technical Handbook HB-1-3555 ¶3.9 —
    Lender Recertification And Revoking Lender Eligibility
  description: USDA SFH Guaranteed Loan Program Technical Handbook HB-1-3555 ¶3.9
    — Lender Recertification And Revoking Lender Eligibility.
  coverage_tier: operative
obligations:
- id: usda-hb-3555-3.9-full
  canonical_id: usda-hb-3555-3.9-full
  section: USDA SFH Guaranteed Loan Program Technical Handbook HB-1-3555 ¶3.9 — Lender
    Recertification And Revoking Lender Eligibility
  type: do
  tags:
  - regulator-direct
  - usda
  - usda-handbook
  - corpus-expansion
  - tier-operative
  primary_source:
    tier: 1
    authority: USDA SFH Guaranteed Loan Program Technical Handbook HB-1-3555 ¶3.9
      — Lender Recertification And Revoking Lender Eligibility
    source_class: usda-handbook
    source_url: https://www.rd.usda.gov/sites/default/files/hb-1-3555_consolidated.pdf
    snapshot_id: 0466acd1ea2d17a4
    fetched_at: '2026-05-25T14:10:13Z'
    content_hash: sha256:22ac6f998ff72578e318fca138ebe80fb18ae2fc701eb5936172f1842679a13a
    paragraph_quote: 3.9 LENDER RECERTIFICATION AND REVOKING LENDER ELIGIBILITY The
      lender remains eligible as long as the lender meets the criteria in Paragraph
      3.2 of this chapter unless the lender’s status is revoked by Rural Development
      or another Federal Agency. The Agency is required to review each approved lender’s
      eligibility at least every two years, which includes verifying the lender has
      registered in SAM and completed the mandatory recertification training. All
      approved lenders are required to recertify their status by responding to the
      renewal notification email, sent to the lender, within the timeframe provided.
      Rural Development may terminate the lender’s approval due to noncompliance with
      any of the eligibility requirements described in 7 CFR 3555.51. Status may also
      be HB-1-3555 (03-09-16) SPECIAL PN 3-12 Revised (07-21-23) PN 588 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. revoked if the lender violates the terms of Form RD 3555-16, fails to
      properly service any guaranteed loan, or fails to adequately protect the interests
      of the lender and the Government. In addition to revocation of eligible lender
      status, the lender may be debarred by Rural Development, or may be required
      to indemnify Rural Development for any losses paid. If Rural Development terminates
      a lender’s approval, the lender will have 30 days from the date of receipt of
      the Agency’s notification to appeal the decision. Refer to Appendix 3 of this
      Handbook for additional information regarding appeal procedures. Notifications
      will be sent electronically to the email point of contact on file, marked with
      a read receipt. If the email is returned as “undeliverable,” the Agency will
      contact the lender by phone to obtain a current point of contact. The email
      notice will then be sent to this individual with a read receipt. Read receipt
      notifications will be saved in the Agency’s records as evidence that the lender
      was sent notice that they no longer met approved lender status. Agency staff
      will update GLS by removing the lender designation and any authorizations. Closed
      lender eligibility files will be retained in accordance with RD Instruction
      2033-A.
  judgment: false
