source:
  type: guide
  id: usda-hb-3555-14.5
  authority: USDA SFH Guaranteed Loan Program Technical Handbook HB-1-3555 ¶14.5 —
    Lender Withdrawal Of Application
  description: USDA SFH Guaranteed Loan Program Technical Handbook HB-1-3555 ¶14.5
    — Lender Withdrawal Of Application.
  coverage_tier: operative
obligations:
- id: usda-hb-3555-14.5-full
  canonical_id: usda-hb-3555-14.5-full
  section: USDA SFH Guaranteed Loan Program Technical Handbook HB-1-3555 ¶14.5 — Lender
    Withdrawal Of Application
  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 ¶14.5
      — Lender Withdrawal Of Application
    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: '14.5 LENDER WITHDRAWAL OF APPLICATION If a lender wishes to
      withdraw an application in the Guaranteed Underwriting System (GUS), they can
      do so by clicking the "Withdraw Application" button. However, this option is
      only available if the application''s submission status is "Unknown" or "Preliminary."
      If the application''s submission status is "Final," the withdraw application
      button will be disabled and the lender cannot withdraw the application at that
      stage. However, if the application status is set to "Pending," the lender has
      the option to recall the application from the "Final" submission status. This
      means that if the HB-1-3555 (03-09-16) SPECIAL PN 14-5 Revised (10-12-23) PN
      594 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. application has been finalized but is still in
      the "Pending" stage under application status, the lender can request to withdraw
      it. This is a two-step process; first the lender must recall the final submission
      and second withdraw the application. Once the application status changes to
      "In Process" or "Approved," the recall option will be disabled, and the lender
      will be unable to recall or withdraw the application. In cases where the application
      status is "In Process" or "Approved," the lender should notify the Agency immediately
      to withdraw the application. By notifying the Agency, the loan guarantee request
      can be removed from the system, and the funds allocated for that application
      can be released back to the state''s allotment. This is done to ensure that
      the funds can be utilized for other guarantee requests and maximize the number
      of loans granted. It is crucial for lenders to inform the Agency promptly when
      they no longer require the funds to avoid depriving other pending applicants
      the opportunity to obtain a loan guarantee. By releasing the funds, the Agency
      can reallocate them to deserving applicants and facilitate the loan guarantee
      process efficiently. Some common reasons for withdrawing a loan guarantee request
      are: x Lender’s rejection of the borrower’s application; x Change in property;
      or x Choice of a loan program other than the SFHGLP. 14.6 AGENCY ACTION – REQUESTING
      FUNDS FROM THE NATIONAL OFFICE RESERVE Funds may be retained by the National
      Office during a fiscal year to meet program needs or Agency objective. To request
      funds from the National Office reserve, Agency employees will: x Request funding
      on the Agency’s SharePoint site at: https://usdagcc.sharepoint.com/sites/rd_hcfp/SFH1/GRH/OPD.
      Click on the Need Funds button. x Request actual funding needs by using the
      dropdown selection for the appropriate type of assistance code. If the type
      of assistance is refinance, each funding request must summarize the individual
      request of the cumulative total request for the State. HB-1-3555 (03-09-16)
      SPECIAL PN 14-6 Revised (10-12-23) PN 594 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. 14.7 AGENCY
      ACTION – REQUEST FOR RESTORATION OF FUNDS The Guaranteed Loan Division Lender
      Reporting Section (GLDLRS) of the Servicing Office in St. Louis, Missouri will
      review and approve/deny all restoration of funds requests. The following is
      required to submit a request for restoration of funds: 1. A fully completed
      Request for Restoration of Funds from a Prior Fiscal Year form. x Agency personnel
      will complete the form electronically via Adobe. x The form will be electronically
      signed with the employee’s LINC Pass (PIV) card. x The form should be saved
      (not printed and scanned). x Find the fillable form on the Agency’s SharePoint
      site at https://usdagcc.sharepoint.com/sites/rd_hcfp/SFH1/GRH/OPD. Click on
      Policies and Procedures, then Templates to access the Restoration of Funds form.
      2. A copy of all Conditional Commitments issued for the loan. 3. If the Agency
      extended the Conditional Commitment, documentation pertaining to the lender’s
      request and the Agency’s approval must be included with the restoration request.
      Dates are required. 4. A detailed explanation must be entered on the form to
      indicate whether the Agency or lender is at fault. 5. If the restoration request
      is for a higher obligation amount than the original obligation, then additional
      document is required. The Agency must demonstrate that the loan request was
      reviewed for repayment at the higher amount and the loan amount does not exceed
      the maximum amount based on the property’s appraised value. 6. If the lender
      did not comply with regulatory requirements and a restoration of funds from
      the prior fiscal year is being requested, an exception to the regulatory requirement
      will be required. Submit a request in accordance with Chapter, Section 1.9 of
      this Handbook. A copy of the approved exception must be submitted with the request
      for a restoration of funds HB-1-3555 (03-09-16) SPECIAL PN 14-7 Revised (10-12-23)
      PN 594 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. 7. Completed Request for Restoration of
      Funds from a Prior Fiscal Year form and all documentation must be submitted
      electronically to the GLDLRS within the Servicing Office in St. Louis at rd.so.hsb@usda.gov.
      HB-1-3555 (03-09-16) SPECIAL PN 15-1 Revised (08-05-25) PN 694 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. CHAPTER 15: SUBMITTING THE APPLICATION PACKAGE [7 CFR 3555.107]'
  judgment: false
