RHS revised chapters 8, 14, Appendix 3, and Appendix 5 of the Single Family Housing Guaranteed Loan Program Technical Handbook (HB-1-3555). The updates to chapter 8 update the expiration date of the Non-United States citizen’s waiver, revise links to USDA sites and make grammatical edits. The updates to chapter 14 add guidance for lender-initiated withdrawals in the Guaranteed Underwriting System and to update funding processes. The updates to Appendix 3 update links and correct names, as well as add color to the Appeals Process Flow Chart. The updates to Appendix 5 revise the process of determining income eligibility through Rural Development’s Income and Property Eligibility website. The updates went into effect October 12, 2023.
Click to view the RHS RHS SFH Guaranteed Origination Notice: https://www.tenaco.com/wp-content/uploads/2023/10/RHS-SFH-Guaranteed-Origination-Notice-10-12-23.pdf
Click to view the RHS Procedure Notice 594: https://www.tenaco.com/wp-content/uploads/2023/10/RHS-Procedure-Notice-594.pdf
