source:
  type: regulation
  id: usda-hb-3555-ch06
  authority: USDA HB-1-3555 ch06 bootstrap
  description: Bootstrap for USDA HB-1-3555 ch06 register.
obligations:
- id: usda-hb-3555-ch06-loan-funds-eligible-purposes-only
  canonical_id: usda-hb-3555-ch06-loan-funds-eligible-purposes-only
  section: "USDA HB-1-3555 Ch. 6.1 — Introduction [7 CFR 3555.101]"
  description: '[LENDER] is responsible to ensure that loan funds are used only

    for eligible purposes under SFHGLP.

    '
  type: do
  audit_question: For every USDA SFHGLP-guaranteed loan, can [LENDER] evidence that loan funds were used only for the eligible purposes described in HB-1-3555 Chapter 6?
  workflow_phase: underwriting
  owner_role: underwriter
  secondary_owner_role: loan_officer
  cadence: per_loan
  consequence: ''
  tags:
  - round-b
  - regulator-direct
  - usda
  - hb-1-3555
  - ch06
  - eligible-purposes
  - promoted
  primary_source:
    tier: 1
    authority: "USDA HB-1-3555 Chapter 6.1 — Introduction"
    source_class: usda-handbook-hb-1-3555
    source_url: https://www.rd.usda.gov/sites/default/files/3555-1chapter06.pdf
    snapshot_id: 1abc4ff91999e19a
    fetched_at: '2026-05-23T01:50:00Z'
    content_hash: sha256:0f48aed0e5bcd11a12e40062ff8e45ab9164b26041650b61338bad90d734635d
    paragraph_quote: responsible to ensure that loan funds are used only for eligible purposes.
    drafter_attestation: Copied verbatim from USDA HB-1-3555 snapshot 1abc4ff91999e19a (Ch 06) at 2026-05-23. Source PDF retrieved via Wayback Machine.
  promoted_at: '2026-05-23T13:24:34+00:00'
  promoted_from: usda-hb-3555-ch06-roundb-v1.yaml
  program_review: Does the program ensure loan funds are used only for the Chapter 6 eligible purposes?
  file_review: Pull a sample; confirm the use of loan funds maps to eligible SFHGLP purposes.
  judgment: false
- id: usda-hb-3555-ch06-lender-fees-cfpb-points-fees-limit
  canonical_id: usda-hb-3555-ch06-lender-fees-cfpb-points-fees-limit
  section: "USDA HB-1-3555 Ch. 6.2.C — Reasonable Lender Fees"
  description: '[LENDER] fees and charges must meet the points and fees limits

    published by the Consumer Financial Protection Bureau (CFPB)

    in the Federal Register at 12 CFR 1026.43(e)(3) and cannot

    exceed those charged other applicants by [LENDER] for similar

    transactions such as FHA-insured or VA-guaranteed first

    mortgage loans. It is [LENDER]''s responsibility to ensure CFPB

    requirements are met.

    '
  type: do
  audit_question: For every USDA SFHGLP-guaranteed loan, can [LENDER] evidence that lender fees and charges meet the CFPB points-and-fees limits at 12 CFR 1026.43(e)(3) and do not exceed those charged other applicants for similar FHA-insured or VA-guaranteed transactions?
  workflow_phase: underwriting
  owner_role: underwriter
  secondary_owner_role: loan_officer
  cadence: per_loan
  consequence: ''
  tags:
  - round-b
  - regulator-direct
  - usda
  - hb-1-3555
  - ch06
  - lender-fees
  - qm-points-and-fees
  - promoted
  primary_source:
    tier: 1
    authority: "USDA HB-1-3555 Chapter 6.2.C — Reasonable Lender Fees"
    source_class: usda-handbook-hb-1-3555
    source_url: https://www.rd.usda.gov/sites/default/files/3555-1chapter06.pdf
    snapshot_id: 1abc4ff91999e19a
    fetched_at: '2026-05-23T01:50:00Z'
    content_hash: sha256:0f48aed0e5bcd11a12e40062ff8e45ab9164b26041650b61338bad90d734635d
    paragraph_quote: an origination fee and other fees and charges. Lender fees and charges must meet
    drafter_attestation: Copied verbatim from USDA HB-1-3555 snapshot 1abc4ff91999e19a (Ch 06) at 2026-05-23. Source PDF retrieved via Wayback Machine.
  promoted_at: '2026-05-23T13:24:34+00:00'
  promoted_from: usda-hb-3555-ch06-roundb-v1.yaml
  program_review: Does the program ensure lender fees/charges meet the CFPB points-and-fees limits at 12 CFR 1026.43(e)(3) and do not exceed those charged other applicants for similar FHA/VA first-mortgage transactions?
  file_review: Spot-check fee sheets; confirm fees are within the CFPB points-and-fees cap and not above comparable-transaction charges. The officer judges 'similar transaction' comparability.
  judgment: true
- id: usda-hb-3555-ch06-seller-concessions-six-percent-cap
  canonical_id: usda-hb-3555-ch06-seller-concessions-six-percent-cap
  section: "USDA HB-1-3555 Ch. 6.2.C — Interested Party Concessions"
  description: 'Seller contributions (or other interested parties) are limited

    to six percent of the sales price and must represent an

    eligible loan purpose. The approved [LENDER] is responsible to

    ensure applicable limitations and eligible loan purposes are

    met. Seller contributions cannot be used to pay an applicant''s

    personal debt or as an inducement to purchase.

    '
  type: do
  audit_question: For every USDA SFHGLP-guaranteed purchase loan with interested-party contributions, can [LENDER] evidence that seller contributions (i) did not exceed six percent of the sales price, (ii) represented an eligible loan purpose, and (iii) were not used to pay applicant personal debt or as an inducement to purchase?
  workflow_phase: underwriting
  owner_role: underwriter
  secondary_owner_role: loan_officer
  cadence: per_loan
  consequence: ''
  tags:
  - round-b
  - regulator-direct
  - usda
  - hb-1-3555
  - ch06
  - interested-party-concessions
  - promoted
  primary_source:
    tier: 1
    authority: "USDA HB-1-3555 Chapter 6.2.C — Interested Party Concessions"
    source_class: usda-handbook-hb-1-3555
    source_url: https://www.rd.usda.gov/sites/default/files/3555-1chapter06.pdf
    snapshot_id: 1abc4ff91999e19a
    fetched_at: '2026-05-23T01:50:00Z'
    content_hash: sha256:0f48aed0e5bcd11a12e40062ff8e45ab9164b26041650b61338bad90d734635d
    paragraph_quote: are limited to six percent of the sales price and must represent an eligible loan
    drafter_attestation: Copied verbatim from USDA HB-1-3555 snapshot 1abc4ff91999e19a (Ch 06) at 2026-05-23. Source PDF retrieved via Wayback Machine.
  promoted_at: '2026-05-23T13:24:34+00:00'
  promoted_from: usda-hb-3555-ch06-roundb-v1.yaml
  program_review: Does the program account for the interested-party-contribution limits — six percent of sales price, eligible-loan-purpose only, and not usable to pay applicant personal debt or as a purchase inducement?
  file_review: Spot-check purchase loans with seller credits; confirm the 6% cap, eligible-purpose application, and that no contribution paid applicant debt or served as an inducement.
  judgment: false
_promotion_history:
- promoted_at: '2026-05-23T13:24:34+00:00'
  candidate_path: obligations\_remediation\_round_b_drafts\usda-hb-3555-ch06-roundb-v1.yaml
  candidates_promoted: 3
  candidates_skipped_existing: 0
