USDA HB-1-3555 ch15 bootstrap

usda-hb-3555-ch15

Bootstrap for USDA HB-1-3555 ch15 register.

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source:
  type: regulation
  id: usda-hb-3555-ch15
  authority: USDA HB-1-3555 ch15 bootstrap
  description: Bootstrap for USDA HB-1-3555 ch15 register.
obligations:
  - id: usda-hb-3555-ch15-underwrite-approve-before-submission
    canonical_id: usda-hb-3555-ch15-underwrite-approve-before-submission
    section: USDA HB-1-3555 Ch. 15.1 — Introduction [7 CFR 3555.107]
    description: |
      The loan must be underwritten and approved by [LENDER] prior to
      submission to the Agency. The Agency requires that [LENDERS]
      use the Guaranteed Underwriting System (GUS), the Agency's
      automated underwriting system, for all supported loan products.
    type: do
    audit_question: For every USDA SFHGLP application package submitted to the Agency, can [LENDER] evidence that the loan was underwritten and approved by [LENDER] PRIOR to submission, and that GUS was used for any GUS-supported loan product?
    program_review: Does the workflow ensure the loan is underwritten and approved by [LENDER] BEFORE submission to the Agency, with GUS used for any GUS-supported product?
    file_review: Spot-check submission packages; confirm lender underwriting/approval preceded Agency submission and GUS was used where supported.
    judgment: false
    feeds: []
    workflow_phase: pre_closing
    owner_role: loan_officer
    secondary_owner_role: underwriter
    cadence: per_loan
    consequence: ''
    tags:
      - round-b
      - regulator-direct
      - usda
      - hb-1-3555
      - ch15
      - submission
      - gus
      - promoted
    primary_source:
      tier: 1
      authority: USDA HB-1-3555 Chapter 15.1 — Introduction
      source_class: usda-handbook-hb-1-3555
      source_url: https://www.rd.usda.gov/sites/default/files/3555-1chapter15.pdf
      snapshot_id: 171f9559788c5188
      fetched_at: '2026-05-23T01:50:00Z'
      content_hash: sha256:8dc803b939438b6e946170a357ece91e00baf4d024b5307ee3f96be3147636cb
      paragraph_quote: be underwritten and approved by the lender prior to submission to the Agency. The
      drafter_attestation: Copied verbatim from USDA HB-1-3555 snapshot 171f9559788c5188 (Ch 15) at 2026-05-23. Source PDF retrieved via Wayback Machine.
    promoted_at: '2026-05-23T23:58:54+00:00'
    promoted_from: usda-hb-3555-ch15-roundb-v1.yaml
  - id: usda-hb-3555-ch15-originating-lender-accuracy-responsibility
    canonical_id: usda-hb-3555-ch15-originating-lender-accuracy-responsibility
    section: USDA HB-1-3555 Ch. 15.2 — Lender Responsibility
    description: |
      The originating [LENDER] is responsible for the accuracy of
      all information used to obtain a Rural Development guarantee
      in accordance with 7 CFR 3555 and this Handbook. The
      permanent loan file must contain verified documentation that
      supports household eligibility for SFHGLP and the lender's
      approval of the loan request.
    type: do
    audit_question: For every USDA SFHGLP-guaranteed loan, can [LENDER] (as the originating lender) evidence (i) the accuracy of all information submitted to obtain the Rural Development guarantee, and (ii) that the permanent loan file contains verified documentation supporting household eligibility and the lender's loan approval?
    program_review: Does the program ensure the accuracy of all information submitted to obtain the RD guarantee, and that the permanent loan file holds verified documentation supporting household eligibility and the loan approval?
    file_review: Pull a sample; confirm the permanent file holds verified eligibility/approval documentation. The officer judges whether the documentation accurately supports the information submitted to RD.
    judgment: true
    feeds: []
    workflow_phase: pre_closing
    owner_role: loan_officer
    secondary_owner_role: compliance_officer
    cadence: per_loan
    consequence: ''
    tags:
      - round-b
      - regulator-direct
      - usda
      - hb-1-3555
      - ch15
      - accuracy
      - loan-file
      - promoted
    primary_source:
      tier: 1
      authority: USDA HB-1-3555 Chapter 15.2 — Lender Responsibility
      source_class: usda-handbook-hb-1-3555
      source_url: https://www.rd.usda.gov/sites/default/files/3555-1chapter15.pdf
      snapshot_id: 171f9559788c5188
      fetched_at: '2026-05-23T01:50:00Z'
      content_hash: sha256:8dc803b939438b6e946170a357ece91e00baf4d024b5307ee3f96be3147636cb
      paragraph_quote: The originating lender is responsible for the accuracy of all information used to
      drafter_attestation: Copied verbatim from USDA HB-1-3555 snapshot 171f9559788c5188 (Ch 15) at 2026-05-23. Source PDF retrieved via Wayback Machine.
    promoted_at: '2026-05-23T23:58:54+00:00'
    promoted_from: usda-hb-3555-ch15-roundb-v1.yaml
  - id: usda-hb-3555-ch15-no-close-before-conditional-commitment
    canonical_id: usda-hb-3555-ch15-no-close-before-conditional-commitment
    section: USDA HB-1-3555 Ch. 15.2 — Lender Responsibility (no closing before CC)
    description: |
      [LENDERS] are not authorized to close loans prior to the
      issuance of the Conditional Commitment. Closing a loan prior
      to obtaining a Conditional Commitment from the Agency will
      render that loan submission ineligible for a Loan Note
      Guarantee and may affect [LENDER]'s approval status to
      participate in the program.
    type: dont
    audit_question: For every USDA SFHGLP-guaranteed loan, can [LENDER] evidence that the loan did NOT close prior to the Agency's issuance of the Conditional Commitment (Form RD 3555-18 / 18E)?
    program_review: Does the program block any SFHGLP loan from closing before the Agency issues the Conditional Commitment (Form RD 3555-18 / 18E), since premature closing voids LNG eligibility?
    file_review: Pull a sample; confirm closing date follows the Conditional Commitment issuance date.
    judgment: false
    feeds: []
    workflow_phase: pre_closing
    owner_role: loan_officer
    secondary_owner_role: closer
    cadence: per_loan
    consequence: Loan ineligible for Loan Note Guarantee; lender approval status may be affected.
    tags:
      - round-b
      - regulator-direct
      - usda
      - hb-1-3555
      - ch15
      - conditional-commitment
      - no-close-before-cc
      - promoted
    primary_source:
      tier: 1
      authority: USDA HB-1-3555 Chapter 15.2 — Lender Responsibility
      source_class: usda-handbook-hb-1-3555
      source_url: https://www.rd.usda.gov/sites/default/files/3555-1chapter15.pdf
      snapshot_id: 171f9559788c5188
      fetched_at: '2026-05-23T01:50:00Z'
      content_hash: sha256:8dc803b939438b6e946170a357ece91e00baf4d024b5307ee3f96be3147636cb
      paragraph_quote: Lenders are not authorized to close loans prior to the issuance of the Conditional
      drafter_attestation: Copied verbatim from USDA HB-1-3555 snapshot 171f9559788c5188 (Ch 15) at 2026-05-23. Source PDF retrieved via Wayback Machine.
    promoted_at: '2026-05-23T23:58:54+00:00'
    promoted_from: usda-hb-3555-ch15-roundb-v1.yaml
_promotion_history:
  - promoted_at: '2026-05-23T23:58:54+00:00'
    candidate_path: obligations\_remediation\_round_b_drafts\usda-hb-3555-ch15-roundb-v1.yaml
    candidates_promoted: 3
    candidates_skipped_existing: 0

Verbatim regulatory text (3)

Verbatim provisions from USDA HB-1-3555 ch15 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. 15.1 — Introduction [7 CFR 3555.107]

be underwritten and approved by the lender prior to submission to the Agency. The

Source: USDA HB-1-3555 Chapter 15.1 — Introduction · source URL · snapshot 171f9559788c5188

USDA HB-1-3555 Ch. 15.2 — Lender Responsibility

The originating lender is responsible for the accuracy of all information used to

Source: USDA HB-1-3555 Chapter 15.2 — Lender Responsibility · source URL · snapshot 171f9559788c5188

USDA HB-1-3555 Ch. 15.2 — Lender Responsibility (no closing before CC)

Lenders are not authorized to close loans prior to the issuance of the Conditional

Source: USDA HB-1-3555 Chapter 15.2 — Lender Responsibility · source URL · snapshot 171f9559788c5188

Operationalizing USDA HB-1-3555 ch15 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-ch15/ · register usda-hb-3555-ch15 · Claude for Compliance. Free to read and download; see regulatory updates and methodology.