source:
  type: regulation
  id: usda-7cfr-3555.52
  authority: 7 CFR Part 3555 — USDA Single Family Housing Guaranteed Loan Program § 3555.52 — Lender approval
  description: '7 CFR Part 3555 — USDA Single Family Housing Guaranteed Loan Program, §3555.52 Lender approval.
    Captured section-complete (all subsections verbatim).

    '
obligations:
- id: usda-7cfr-3555.52-a
  canonical_id: usda-7cfr-3555.52-a
  section: 7 CFR §3555.52(a)
  description: 'Lender approval — (a): (a) Initial approval. The lender must apply for and receive approval from
    Rural Development to participate in the SFHGLP. Application forms are available from Rural Development.'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  primary_source:
    tier: 1
    authority: 7 CFR Part 3555 — USDA Single Family Housing Guaranteed Loan Program § 3555.52
    source_class: ecfr-xml
    source_url: https://www.ecfr.gov/current/title-7/subtitle-B/chapter-XXXV/part-3555
    snapshot_id: 60bd6fb03befa14c
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:f1f884c828bb807baf369d30e1a9479648dfa62165e28511a0730ed785181a8b
    paragraph_quote: (a) Initial approval. The lender must apply for and receive approval from Rural Development
      to participate in the SFHGLP. Application forms are available from Rural Development.
    drafter_attestation: Verbatim (whitespace-normalized) slice of §3555.52 subsection (a) from snapshot 60bd6fb03befa14c;
      substring-verified.
  judgment: false
- id: usda-7cfr-3555.52-b
  canonical_id: usda-7cfr-3555.52-b
  section: 7 CFR §3555.52(b)
  description: 'Lender approval — (b): (b) Conditions of approval. The lender must provide evidence to support their
    ability to originate, underwrite and/or service SFHGLP loans as outlined in &#xA7; 3555.51(a), including evidence
    of the lender''s internal loan criteria and quality control. New lenders will be subject to mandatory trainin…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  primary_source:
    tier: 1
    authority: 7 CFR Part 3555 — USDA Single Family Housing Guaranteed Loan Program § 3555.52
    source_class: ecfr-xml
    source_url: https://www.ecfr.gov/current/title-7/subtitle-B/chapter-XXXV/part-3555
    snapshot_id: 60bd6fb03befa14c
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:f1f884c828bb807baf369d30e1a9479648dfa62165e28511a0730ed785181a8b
    paragraph_quote: (b) Conditions of approval. The lender must provide evidence to support their ability to originate,
      underwrite and/or service SFHGLP loans as outlined in &#xA7; 3555.51(a), including evidence of the lender's
      internal loan criteria and quality control. New lenders will be subject to mandatory training prior to lender
      approval in accordance with Agency procedures.
    drafter_attestation: Verbatim (whitespace-normalized) slice of §3555.52 subsection (b) from snapshot 60bd6fb03befa14c;
      substring-verified.
  judgment: false
- id: usda-7cfr-3555.52-c
  canonical_id: usda-7cfr-3555.52-c
  section: 7 CFR §3555.52(c)
  description: 'Lender approval — (c): (c) Termination of approval. Lender approval may be terminated in any of
    the following situations: (1) Lapse of any eligibility requirement. In the event that a lender fails to meet
    any of the requirements described in &#xA7; 3555.51, the lender must notify Rural Development immediately. Rural
    Devel…'
  type: do
  tags:
  - regulator-direct
  - gap-fill
  - section-complete
  primary_source:
    tier: 1
    authority: 7 CFR Part 3555 — USDA Single Family Housing Guaranteed Loan Program § 3555.52
    source_class: ecfr-xml
    source_url: https://www.ecfr.gov/current/title-7/subtitle-B/chapter-XXXV/part-3555
    snapshot_id: 60bd6fb03befa14c
    fetched_at: '2026-06-18T00:00:00+00:00'
    content_hash: sha256:f1f884c828bb807baf369d30e1a9479648dfa62165e28511a0730ed785181a8b
    paragraph_quote: '(c) Termination of approval. Lender approval may be terminated in any of the following situations:
      (1) Lapse of any eligibility requirement. In the event that a lender fails to meet any of the requirements
      described in &#xA7; 3555.51, the lender must notify Rural Development immediately. Rural Development may terminate
      the lender''s approval upon written notice and in accordance with the lender''s agreement. The Agency may
      take other appropriate corrective action due to non-compliance with any of the requirements in this part and
      the lender''s agreement. A lender whose approval has been terminated must sell any SFHGLP loans it holds to
      an approved lender immediately, and in no event later than 6 months, after termination of approval. (2) Voluntary
      withdrawal. The lender may choose to end participation in the SFHGLP at any time. If the withdrawing lender
      has originated SFHGLP loans and obtained conditional commitments but has not closed the loans, or is holding
      or servicing SFHGLP loans, the lender must make arrangements prior to withdrawing for the transfer of such
      loans to lenders approved to participate in the SFHGLP.'
    drafter_attestation: Verbatim (whitespace-normalized) slice of §3555.52 subsection (c) from snapshot 60bd6fb03befa14c;
      substring-verified.
  judgment: false
