USDA New Document Upload for Guaranteed Loans
On April 17, the U.S. Department of Agriculture (USDA) released a single family housing servicing update titled New Document Upload for Guaranteed Loans.
New document upload for Guaranteed Loans
USDA Rural Development has launched a new process to allow lenders to upload and view supporting Loss Mitigation, Loss Claim and Future Recovery documentation. This enables lenders to more easily and efficiently submit documents/packages to the Agency for Single Family Housing Guaranteed Loans. With this new automation lenders can now:
- Streamline document submissions- documents will immediately generate a transaction for processing or attach to an open transaction to expedite processing
- Save money through paperless processing–no more overnight delivery fees to submit claim documents to the Agency
- Electronically submit the information previously submitted by email or fax
- Eliminates the need to send via secured email, encrypting documents, etc.
Please click here for quick reference guides to assist you when uploading documents for the loss claim process and the loss mitigation process.
For Policy questions, please contact the Single Family Housing Guaranteed Loan
Division by dialing (202) 720-1452 or the Centralized Servicing Center by
dialing (866) 550-5887.
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