USDA HB-1-3555 12.21: AGE OF DOCUMENTS

Document
USDA HB-1-3555, Single Family Housing Guaranteed Loan Program Technical Handbook
Version in Zeitro Strata
Where
page 248 of 551

Page 248

Credit and verification documents must be dated within 120 days of the original closing date to be valid. If the documentation exceeds the condition time frame, the lender must obtain updated credit documents and re-qualify the borrower before the loan note guarantee can be requested and/or issued. 12.22 ISSUANCE OF THE LOAN NOTE GUARANTEE

Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.