Single Family Housing Guaranteed Loan Program in Georgia



Construction Loan Information for Applicants and Builders

Comparison of Direct and Guaranteed Home Loan Programs

What does this program do? 
This program assists approved lenders in providing low- and moderate-income households the opportunity to own adequate, modest, decent, safe and sanitary dwellings as their primary residence in eligible rural areas. Eligible applicants may build, rehabilitate, improve or relocate a dwelling in an eligible rural area. The program provides a 90% loan note guarantee to approved lenders in order to reduce the risk of extending 100% loans to eligible rural homebuyers.

Who may apply for this program?
Applicants must:

  • Meet income-eligibility
  • Agree to personally occupy the dwelling as their primary residence
  • Be a U.S. Citizen, U.S. non-citizen national or Qualified Alien
  • Have the legal capacity to incur the loan obligation
  • Have not been suspended or debarred from participation in federal programs
  • Demonstrate the willingness to meet credit obligations in a timely manner
  • Purchase a property that meets all program criteria

What is an eligible area?
Check eligible addresses for the loan guarantees.

How may funds be used?
Funds backed by loan guarantees be used for:

  • New or existing residential property to be used as a permanent residence.  Closing cost and reasonable/customary expenses associated with the purchase may be included in the transaction
  • A site with a new or existing dwelling
  • Repairs and rehabilitation when associated with the purchase of an existing dwelling
  • Refinancing of eligible loans
  • Special design features or permanently installed equipment to accommodate a household member who has a physical disability
  • Reasonable and customary connection fees, assessments or the pro rata installment cost for utilities such as water, sewer, electricity and gas for which the buyer is liable
  • A pro rata share of real estate taxes that is due and payable on the property at the time of loan closing.  Funds can be allowed for the establishment of escrow accounts for real estate taxes and/or hazard and flood insurance premiums
  • Essential household equipment such as wall-to-wall carpeting, ovens, ranges, refrigerators, washers, dryers, heating and cooling equipment as long as the equipment is conveyed with the dwelling
  • Purchasing and installing measures to promote energy efficiency (e.g. insulation, double-paned glass and solar panels)
  • Installing fixed broadband service to the household as long as the equipment is conveyed with the dwelling
  • Site preparation costs, including grading, foundation plantings, seeding or sod installation, trees, walks, fences and driveways

How do we get started?
To apply for this program, please contact a local mortgage lender.  Applications must be submitted through an approved lender.  If you are unable to find a participating lender, your state’s Guaranteed Loan Coordinator can help you find one.

Who can answer questions?
Applicants with questions should contact an approved lender.  Lenders with questions can contact sfhgld.program@wdc.usda.gov.

What governs this program?

Why does USDA Rural Development do this?
This program helps lenders work with low and moderate income families living in rural areas to make homeownership a reality. Providing affordable homeownership opportunities promotes prosperity, which in turn creates thriving communities and improves the quality of life in rural areas.

NOTE: Because citations and other information may be subject to change please always consult the program instructions listed in the section above titled "What Law Governs this Program?" You may also contact your local office for assistance.

Interested applicants are encouraged to contact their local mortgage lenders to inquire about applying for the guaranteed loan. USDA does not endorse any specific private sector lenders. This list of Nationally Approved Lenders is not inclusive of all participating lenders.

Income limits (pdf) are dependent upon location of the home, and the number of persons residing in the home.

NOTE: Please ensure your state is selected in the dropdown menu above to contact a Guaranteed Loan Coordinator in your state for more information.

Current Borrowers:

USDA Rural Development does not directly offer workout plans to distressed homeowners in the Single Family Housing Guaranteed Loan Program as USDA is not a financial lending institution.  We urge any customer with a guaranteed loan seeking assistance to contact their mortgage servicing lender immediately to determine their eligibility for potential work out options.  Examples of work out options include but are not limited to:  Informal Forbearance, Special Forbearance, Loan Modification, Special Loan Servicing and Pre-Foreclosure Sale.  The customer service number for the servicing lender is typically included with the mortgage statement or at their online internet address.

Need to refinance your USDA Home Loan? Learn more about this option.

Lenders:

National Architect Requirements:

Important Information for Lenders on the SFHGLP Integration PDF

There are currently no events scheduled.

SFH Guaranteed Origination

January 16, 2020

Single Family Housing Guaranteed Loan Program (SFHGLP) Integration Update: Wave 2 Effective January 19th

As previously communicated on November 27th, we are transitioning the Single Family Housing Guaranteed Loan Program (SFHGLP) to an integrated, National model. Effective January 19th, 2020, the SFHGLP loan processing and activity for the following states will be transferred into the SFHGLP Origination and Processing Division (OPD) as part of the Wave 2 implementation of the new integrated model:

Wave 2 States (January 19th, 2020)*

AK, AR, CO, FL, GA, IA, ID, IL, KY, MN, MO, MT, NV, PR, SC, TN, TX

*States included in each wave are based on the property location for loan files submitted, not lender location

 Please note that in previous communications MI and WA were included in Wave 2. To better manage application volume, loan volume from MI and WA will now be integrated in Wave 3 (projected February 16th, 2020).


Please refer to the below guidance and contact information for loan files in Wave 2 states.

Guidance for Loan Submissions

Files in Process: For loan files in Wave 2 states (listed above), all files received and reviewed by state staff prior to January 19th, 2020 will be completed by state staff.

New Submissions: You can continue to use GUS as you have in the past; this integration will have no impact on your access to USDA systems. For loan files in Wave 2 states (listed above), manual file submissions should be sent to the assigned Production Team (see below).

Contact Information

Customer service remains a top priority in the new model. Effective January 19th, 2020, all Wave 1 and 2 states will be aligned to one of four production teams, and each production team will have their own email inbox, shown below:

Team

Wave 1 and 2 States

Email Inbox

Team One

AK, AZ, CO, HI, IA, ID, KS, MT, NM, NV, OR, SD, TX, WP, WY

SFHGLPONE@usda.gov

Team Two

AR, KY, LA, MN, MO, NE, NY

SFHGLPTWO@usda.gov

Team Three

DE, GA, IL, MD, ME, NH, SC, VT

SFHGLPTHREE@usda.gov

 

Team Four

FL, PA, PR, TN, VA, VI

 

SFHGLPFOUR@usda.gov

Beginning January 19th, 2020, lenders with file-specific questions for loans in the above states should reach out to the respective production team inbox. For example, if you had a question regarding a guaranteed loan application in Nebraska, you would email SFHGLPTWO@usda.gov to contact Team Two.

If you have a question about a specific loan file, please include the following information:

  • Identify the state the application is located;
  • Provide applicant’s name, if applicable;
  • Include your contact information; and
  • Indicate if you want a call back (otherwise you will receive an email reply)

For all other inquiries not related to a specific file, please contact sfhgld.program@usda.gov.


Future Wave 3 Details

Remaining states will be integrated in Wave 3 (projected February 16th, 2020). Until states are integrated into the new unit, lenders should continue to contact their state office staff.

Wave 3 States (Future – February 16th, 2020)*

Team One

AL, CA, UT, WA, WI

Team Two

MS, ND, NJ, OK

Team Three

CT, MA, MI, NC, RI, WV

Team Four

IN, OH

*States included in each wave are based on the property location for loan files submitted, not lender location


Additional Information

  1. Infographic: Please reference the SFHGLP Integration Infographic for additional information: https://www.rd.usda.gov/files/RD-GRH-IntegrationInfo.pdf
  2. Handbooks: The Guaranteed Loan Program regulation (7 CFR 3555) and technical handbook (HB-1-3555) are available online to assist you with questions:
  1. Technical Issues: If you are experiencing technical issues with the Guaranteed Underwriting System (GUS), e-Authentication passwords, GUS User roles, etc., you may contact the Rural Development Help Desk at 1-800-457-3642, select option 2, and then select option 2 again.
  2. Please Note: The SFHGLP Integration does not impact servicing (loss claims and electronic status reporting), Help Desk, access to USDA systems, or e-Authentication protocols.

 

 

Help Resources

USDA ITS Service Desk Support Center

For e-Authentication assistance

Email: eAuthHelpDesk@ftc.usda.gov

Phone: 800-457-3642, option 1 (USDA e-Authentication Issues)

 

Rural Development Help Desk

For GUS system, outage or functionality assistance

Email: RD.HD@STL.USDA.GOV

 

Phone: 800-457-3642, option 2 (USDA Applications); then option 2 (Rural Development)