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15.1 INTRODUCTION
It is the lender’s responsibility to work with the applicant to ensure all necessary documentation is obtained to satisfy the requirements for loan eligibility. Lenders may utilize industry standard forms when assembling the application package. The loan must be underwritten and approved by the 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. Lenders will certify upon a “final” underwriting submission that the loan has been reviewed, underwritten, and all data entered in GUS is true, complete, accurate, and retained. Lenders must review the GUS Underwriting Findings Report to ensure all requirements are met. Refer to Attachment 15-A, Guaranteed Rural Housing – Loan Origination Checklist, for a list of required items to be provided to the Agency for a complete loan application package.