RHS amended chapters 3, 10, 12, 17, 18, and 19 of the SFH Guaranteed Loan Program Technical Handbook (HB-1-3555). The chapters were amended to implement changes adopted in the Lender Financial and Participation Requirements (LFPR) rule. The LFPR updated requirements for federally supervised lenders, minimum net worth for non-supervised lenders, approved lender participation requirements, handling of applicants with delinquent child support payments, and builder credit requirements. The amendments to chapters 3, 10, 12, 17, 18, and 19 went into effect November 29, 2022.
Click to view the RHS SFH Guaranteed Origination Notice (12-05-22): https://www.tenaco.com/wp-content/uploads/2022/12/RHS-SFH-Guaranteed-Origination-Notice-12-05-22.pdf
Click to view the RHS PN Special: https://www.tenaco.com/wp-content/uploads/2022/12/RHS-PN-Special-11-29-22.pdf
Click to view the RHS Lender Financial and Participation Requirements Final Rule: https://www.tenaco.com/wp-content/uploads/2022/12/RHS-Lender-Financial-and-Participation-Requirements-Final-Rule-12-05-22.pdf
