source:
  type: guide
  id: usda-hb-3555-10.2
  authority: USDA SFH Guaranteed Loan Program Technical Handbook HB-1-3555 ¶10.2 —
    Credit Eligibility Requirements
  description: USDA SFH Guaranteed Loan Program Technical Handbook HB-1-3555 ¶10.2
    — Credit Eligibility Requirements.
  coverage_tier: operative
obligations:
- id: usda-hb-3555-10.2-full
  canonical_id: usda-hb-3555-10.2-full
  section: USDA SFH Guaranteed Loan Program Technical Handbook HB-1-3555 ¶10.2 — Credit
    Eligibility Requirements
  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 ¶10.2
      — Credit Eligibility Requirements
    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: '10.2 CREDIT ELIGIBILITY REQUIREMENTS Lenders must review the
      credit history of an applicant, as applicable, to determine an ability and willingness
      to meet their debt obligations. The following adverse credit items will render
      an applicant ineligible for a guaranteed loan: x Presently delinquent non-tax
      Federal debt; x Presently delinquent court ordered child support payments, subject
      to the collection by an administrative offset, unless the applicant has brought
      payments current, the debt is paid in full, or otherwise satisfied by a documented
      release of liability; x Presently delinquent court ordered child support, not
      subject to an administrative offset, unless the applicant has an approved repayment
      agreement in place with three timely payments made prior to loan closing, the
      arrearage is paid in full prior to loan closing, or a release of liability is
      documented; and x CAIVRS Claim: An applicant that will be a party to the loan
      does not have a clear “A” Credit Alert Verification Reporting System (CAIVRS)
      response. Refer to Attachment 10-A “Credit Matrix” for additional information.
      HB-1-3555 _____________________________________________________________________________
      (03-09-16) SPECIAL PN 10-2 Revised (08-05-25) PN 649 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.'
  judgment: false
