USDA HB-1-3555 ch08 bootstrap

usda-hb-3555-ch08

Bootstrap for USDA HB-1-3555 ch08 register.

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source:
  type: regulation
  id: usda-hb-3555-ch08
  authority: USDA HB-1-3555 ch08 bootstrap
  description: Bootstrap for USDA HB-1-3555 ch08 register.
obligations:
  - id: usda-hb-3555-ch08-confirm-applicant-criteria-pre-analysis
    canonical_id: usda-hb-3555-ch08-confirm-applicant-criteria-pre-analysis
    section: USDA HB-1-3555 Ch. 8.2 — Applicant Eligibility Requirements
    description: |
      [LENDER] must confirm the applicants meet the criteria for
      obtaining a SFHGLP guarantee prior to full analysis of the
      applicants' loan request.
    type: do
    audit_question: For every USDA SFHGLP loan request, can [LENDER] evidence that it confirmed the applicants meet the program's applicant eligibility criteria BEFORE performing full income, credit, and ratio analysis?
    program_review: Does the workflow require confirming applicant eligibility BEFORE full income/credit/ratio analysis, so ineligible applicants are screened out first?
    file_review: Pull a sample; confirm the eligibility screen preceded full underwriting analysis in the file sequence.
    judgment: false
    feeds: []
    workflow_phase: underwriting
    owner_role: underwriter
    secondary_owner_role: loan_officer
    cadence: per_loan
    consequence: ''
    tags:
      - round-b
      - regulator-direct
      - usda
      - hb-1-3555
      - ch08
      - applicant-eligibility
      - promoted
    primary_source:
      tier: 1
      authority: USDA HB-1-3555 Chapter 8.2 — Applicant Eligibility Requirements
      source_class: usda-handbook-hb-1-3555
      source_url: https://www.rd.usda.gov/sites/default/files/3555-1chapter08.pdf
      snapshot_id: e5cee495ac15a031
      fetched_at: '2026-05-23T01:50:00Z'
      content_hash: sha256:0f1613fba4b80bfdba136697d3c1ef899957c5efee206ac2b323ed5ba7a96bae
      paragraph_quote: The lender must confirm the applicants meet the criteria for obtaining a SFHGLP
      drafter_attestation: Copied verbatim from USDA HB-1-3555 snapshot e5cee495ac15a031 (Ch 08) at 2026-05-23. Source PDF retrieved via Wayback Machine.
    promoted_at: '2026-05-23T13:45:38+00:00'
    promoted_from: usda-hb-3555-ch08-roundb-v1.yaml
  - id: usda-hb-3555-ch08-only-one-other-sfh-unit
    canonical_id: usda-hb-3555-ch08-only-one-other-sfh-unit
    section: USDA HB-1-3555 Ch. 8.2.A — Owning a Dwelling [7 CFR 3555.151(e)]
    description: |
      The loan applicants are limited to owning one single family
      housing unit, other than the house associated with the loan
      request. It is not the intent of the SFHGLP to assist applicants
      in building an investment portfolio.
    type: do
    audit_question: For every USDA SFHGLP-guaranteed loan, can [LENDER] evidence that the applicants own no more than one single family housing unit other than the subject property, and that any retained existing dwelling meets the four §8.2.A criteria (not financially responsible for another Agency-guaranteed/direct loan at closing; financially qualified; will occupy the subject; existing home no longer meets needs)?
    program_review: Does the program account for the one-other-SFH-unit limit and the four retained-dwelling conditions (no financial responsibility for another Agency loan at closing; financially qualified; will occupy the subject; existing home no longer meets needs)?
    file_review: Spot-check files where the applicant retains a dwelling; confirm the one-unit limit and the four §8.2.A retained-dwelling conditions. The officer judges whether 'no longer meets needs' is adequately supported.
    judgment: true
    feeds: []
    workflow_phase: underwriting
    owner_role: underwriter
    secondary_owner_role: loan_officer
    cadence: per_loan
    consequence: Loan ineligible for SFHGLP guarantee.
    tags:
      - round-b
      - regulator-direct
      - usda
      - hb-1-3555
      - ch08
      - dwelling-limit
      - promoted
    primary_source:
      tier: 1
      authority: USDA HB-1-3555 Chapter 8.2.A — Owning a Dwelling
      source_class: usda-handbook-hb-1-3555
      source_url: https://www.rd.usda.gov/sites/default/files/3555-1chapter08.pdf
      snapshot_id: e5cee495ac15a031
      fetched_at: '2026-05-23T01:50:00Z'
      content_hash: sha256:0f1613fba4b80bfdba136697d3c1ef899957c5efee206ac2b323ed5ba7a96bae
      paragraph_quote: family housing unit, other than the house associated with the loan request.
      drafter_attestation: Copied verbatim from USDA HB-1-3555 snapshot e5cee495ac15a031 (Ch 08) at 2026-05-23. Source PDF retrieved via Wayback Machine.
    promoted_at: '2026-05-23T13:45:38+00:00'
    promoted_from: usda-hb-3555-ch08-roundb-v1.yaml
  - id: usda-hb-3555-ch08-occupy-within-60-days
    canonical_id: usda-hb-3555-ch08-occupy-within-60-days
    section: USDA HB-1-3555 Ch. 8.2.C — Occupying the Property [7 CFR 3555.151(c)]
    description: |
      Applicants must agree to personally occupy the dwelling as a
      principal residence throughout the term of the loan. Bona
      fide occupancy in the home as the applicants' principal
      residence within 60 days after signing the security
      instruments is required.
    type: do
    audit_question: For every USDA SFHGLP-guaranteed loan, can [LENDER] evidence (i) the applicants' agreement to occupy the dwelling as their principal residence throughout the term, and (ii) bona fide occupancy within 60 days after signing the security instruments (subject to the active-duty military exception in §8.2.C)?
    program_review: Does the program account for the occupancy requirement and its active-duty-military exception — applicant agreement to occupy as principal residence throughout the term and bona fide occupancy within 60 days of signing the security instruments?
    file_review: Pull a sample; confirm the occupancy agreement and the 60-day occupancy basis (or the documented active-duty exception).
    judgment: false
    feeds: []
    workflow_phase: underwriting
    owner_role: underwriter
    secondary_owner_role: loan_officer
    cadence: per_loan
    consequence: ''
    tags:
      - round-b
      - regulator-direct
      - usda
      - hb-1-3555
      - ch08
      - occupancy
      - promoted
    primary_source:
      tier: 1
      authority: USDA HB-1-3555 Chapter 8.2.C — Occupying the Property
      source_class: usda-handbook-hb-1-3555
      source_url: https://www.rd.usda.gov/sites/default/files/3555-1chapter08.pdf
      snapshot_id: e5cee495ac15a031
      fetched_at: '2026-05-23T01:50:00Z'
      content_hash: sha256:0f1613fba4b80bfdba136697d3c1ef899957c5efee206ac2b323ed5ba7a96bae
      paragraph_quote: Applicants must agree to personally occupy the dwelling as a principal residence
      drafter_attestation: Copied verbatim from USDA HB-1-3555 snapshot e5cee495ac15a031 (Ch 08) at 2026-05-23. Source PDF retrieved via Wayback Machine.
    promoted_at: '2026-05-23T13:45:38+00:00'
    promoted_from: usda-hb-3555-ch08-roundb-v1.yaml
_promotion_history:
  - promoted_at: '2026-05-23T13:45:38+00:00'
    candidate_path: obligations\_remediation\_round_b_drafts\usda-hb-3555-ch08-roundb-v1.yaml
    candidates_promoted: 3
    candidates_skipped_existing: 0

Verbatim regulatory text (3)

Verbatim provisions from USDA HB-1-3555 ch08 bootstrap — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.

USDA HB-1-3555 Ch. 8.2 — Applicant Eligibility Requirements

The lender must confirm the applicants meet the criteria for obtaining a SFHGLP

Source: USDA HB-1-3555 Chapter 8.2 — Applicant Eligibility Requirements · source URL · snapshot e5cee495ac15a031

USDA HB-1-3555 Ch. 8.2.A — Owning a Dwelling [7 CFR 3555.151(e)]

family housing unit, other than the house associated with the loan request.

Source: USDA HB-1-3555 Chapter 8.2.A — Owning a Dwelling · source URL · snapshot e5cee495ac15a031

USDA HB-1-3555 Ch. 8.2.C — Occupying the Property [7 CFR 3555.151(c)]

Applicants must agree to personally occupy the dwelling as a principal residence

Source: USDA HB-1-3555 Chapter 8.2.C — Occupying the Property · source URL · snapshot e5cee495ac15a031

Operationalizing USDA HB-1-3555 ch08 bootstrap

This is verbatim, source-snapshotted regulator text from the Claude for Compliance open corpus. To turn a rule like this into compliance work product: gap-analyze your policies and procedures (P&Ps) against these requirements to surface stale, conflicting, or missing provisions; operationalize any change with a ready-to-run update kit; and produce audit-ready evidence — every step grounded only in the regulator’s own words, never invented.

Source of record: https://claudeforcompliance.com/regs/usda-hb-3555-ch08/ · register usda-hb-3555-ch08 · Claude for Compliance. Free to read and download; see regulatory updates and methodology.