USDA HB-1-3555 6.1: INTRODUCTION

Document
USDA HB-1-3555, Single Family Housing Guaranteed Loan Program Technical Handbook
Version in Zeitro Strata
Where
page 69 of 551

Page 69

6.1 INTRODUCTION

Single Family Housing Guaranteed Loan Program (SFHGLP) loan funds can be used to acquire new or existing housing that will be the applicant’s principal residence. This section describes loan purposes, restrictions, and refinance opportunities. The lender is responsible to ensure that loan funds are used only for eligible purposes.

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